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DFSA warns of AI-driven cyber threats growth, calls for global regulatory cooperation
Summary: According to the Financial Technology Times, the Dubai Financial Services Authority (DFSA) has released a report stating that the frequency and complexity of cyber attacks driven by artificial intelligence and automation tools are increasing. Criminals are utilizing these tools to enhance their reconnaissance and execution capabilities, with double extortion ransomware and supply chain attacks being ...
According to the Financial Technology Times, the Dubai Financial Services Authority (DFSA) has released a report stating that the frequency and complexity of cyber attacks driven by artificial intelligence and automation tools are increasing. Criminals are utilizing these tools to enhance their reconnaissance and execution capabilities, with double extortion ransomware and supply chain attacks being the main threats. The report emphasizes the need for regulatory agencies and financial institutions to prioritize cyber resilience and calls for global regulatory cooperation to address systemic risks.
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Link: DFSA warns of AI-driven cyber threats growth, calls for global regulatory cooperation [Copy]
