Australia's financial watchdog urges urgent cyber uplift to meet AI threats
( May 8, 2026, 01:01 GMT | Official Statement) -- MLex Summary: Australia's financial watchdog has warned licensees and market participants to urgently strengthen cyber resilience as frontier artificial intelligence dramatically accelerates the speed, scale and sophistication of cyber threats. In an open letter, the Australian Securities and Investments Commission stressed that cyber resilience is a core licensing obligation requiring immediate board-level action and proactive preparation for AI‑enabled attacks.Statement follows. Letter attached....
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