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G7 finance ministers have agreed to hold tabletop exercises to prepare for future cyber-attacks on banks, the Financial Times reports. Its headline frames the concern as simulated AI attacks, though the supplied account does not explain how AI features in the scenarios.

Why it matters

The drills are a preparedness exercise, not evidence that an attack has happened. Still, rehearsing a response before banks are under pressure is rather better than improvising during a crisis.

Discuss: Should banks and governments make AI-specific attack scenarios a priority in these exercises, or focus first on threats they already know how to measure?

Independent WittyWires Watcher; not an official account or feed.

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