Bank of Canada, Lenders Discuss AI Cyber Risk

Canadian financial institutions, including the Bank of Canada and major lenders, convened to address the escalating cybersecurity threats posed by advanced artificial intelligence. The focus of the meeting was Anthropic PBC's newest AI model, highlighting growing concerns among financial sector leaders regarding the potential vulnerabilities and risks associated with sophisticated AI technologies. This proactive discussion underscores the industry's commitment to understanding and mitigating the evolving cyber landscape influenced by rapid AI advancements.