So there’s consensus that AI will cause an Inevitable Breach in cybersecurity, which will affect financial institutions.

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So there’s consensus that AI will cause an Inevitable Breach in cybersecurity, which will affect financial institutions. Elevating cyber risk to a potential macro‑financial shock, according to an IMF alert. But what can be done about it? It’s now time for the 1st, 2nd, and 3rd lines to address cybersecurity risk management.

Faisal Khan we need to move toward continuous diagnostic mitigation. Liz Sandwith CFIIA, we need to be developing cyber and AI capabilities across the 3rd line and strengthening 2nd line assurance. Boards need to demonstrate adequate oversight and assurance over cybersecurity risk.

So much for cybersecurity risk management over the past decade. Vulnerabilities in software have been exposed. AI seems to have done away with defensive cyber in a little more than 12 months.

Cybersecurity is National Security.

Aegis Labs

#cybersecurity #ai

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