The International Monetary Fund warned on Friday that while advances in artificial intelligence may strengthen defenses against cyberattacks, the same technology could also create risks large enough to trigger macro-financial disruptions.
According to the IMF’s assessment, severe losses resulting from a major cyber incident could lead to funding pressures, spark concerns over financial solvency and create instability across broader financial markets.
The warning adds to growing concerns among regulators and policymakers in the United States, the European Union and other regions regarding the potential dangers posed by AI-powered tools capable of launching sophisticated cyberattacks.