On October 16, Japanese Finance Minister Satsuki Katayama said the G7 plans to hold tabletop drills on AI risks as financial services become increasingly digital and interconnected. The announcement followed a meeting of G7 finance ministers and central bank governors in Bangkok on October 15. The article warns that AI can shorten the time from finding a vulnerability to exploiting it, and that reliance on common infrastructure or providers could let one incident hit several financial institutions. The G7 Cyber Expert Group completed a simulation on May 18 of a large-scale cyberattack across G7 jurisdictions. No date has been set for the new drills.
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