BoE Warns Banks on AI and Quantum Cyber Risks
The Bank of England urges lenders to prepare for AI-driven cyber attacks and quantum threats. Deputy Governor Sarah Breeden says defenses can no longer be assumed impenetrable.
The Bank of England is collaborating with lenders on deep cyber-recovery strategies as artificial intelligence increases the threat of sophisticated breaches. The central bank is working to address vulnerabilities across the financial sector in the United Kingdom. Regulators are confronting the reality that conventional defenses can no longer guarantee complete protection against advanced automated attacks.
