Finance leaders of the Group of Seven (G7) advanced economies agreed Thursday to hold tabletop exercises simulating AI-powered cyberattacks on banks, Japanese Finance Minister Satsuki Katayama said, as policymakers seek to coordinate responses to what officials describe as growing cybersecurity risks.
The agreement followed a meeting of G7 finance ministers and central bank governors held on the sidelines of the International Monetary Fund’s annual gathering in Bangkok. Katayama said G7 finance deputies had discussed the idea of tabletop exercises involving frontier AI, with the proposal subsequently approved at the ministerial level [1].
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