EU Watchdog Warns of AI Driven Cyber Risks
ESMA Chair Verena Ross warns that AI models like Mythos increase the speed of cyberattacks. Regulators are now assessing the resilience of financial entities.
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The European Union's top securities regulator has issued a stark warning regarding the intersection of geopolitical instability and the rapid evolution of artificial intelligence. Verena Ross, chair of the European Securities and Markets Authority (ESMA), highlighted that the speed and sophistication of cyberattacks are accelerating as AI models become more integrated into the financial ecosystem.
