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UK regulators warn frontier AI could turbocharge cyberattacks faster than human experts
Economy
Published on 16 May 2026
AI cyber skills may already outpace top professionals
UK financial authorities are urging firms to prepare for risks from frontier AI models, saying their cyber capabilities can exceed what skilled human practitioners achieve. In a joint statement, the finance ministry, the Bank of England and the Financial Conduct Authority warned that if these systems are used maliciously, they could amplify threats to firms’ safety, customer protection, market integrity and financial stability. Regulators also pointed to concerns raised by BoE governor Andrew Bailey about Anthropic’s Mythos product.
- UK finance ministry, BoE, and FCA issued joint AI cyber risk guidance
- Frontier AI cyber capabilities can surpass skilled practitioners
- Regulators warn AI threats could scale faster and at lower cost
- Malicious use could harm firms safety and soundness and customer outcomes
- BoE governor flagged major risks tied to Anthropic Mythos
- Authorities stress preparedness to protect market integrity and financial stability
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times