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Australian regulators urge the financial industry to address cybersecurity risks of AI models like Mythos
The Australian Securities and Investments Commission (ASIC) announced a letter to the financial services industry on Friday, stating that more measures must be taken to ensure cybersecurity measures are as comprehensive as possible. “Cyber risks have entered a new era, and the emergence of cutting-edge artificial intelligence models presents both opportunities and significantly increases risks, with vulnerabilities exposed at a rate far beyond many people’s expectations,” said ASIC Commissioner Simone Constantin. (Sina Finance)