By Fanny Roux ( July 7, 2026, 12:24 GMT | Official Statement) -- MLex Summary: Frontier AI models “may increase speed, scale and sophistication of cyberattacks” and these risks should be addressed in the financial sector’s oversight, said the EU watchdog monitoring financial stability on Tuesday. The European Systemic Risk Board, or ESRB, also “calls on the EU to scale up its capacity, expertise and strategic autonomy in this critical area,” with a coordinated response from all parties. See attached ESRB warning....
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