UK financial services firms warned of frontier AI cyber risks by govt, regulators
( May 15, 2026, 15:35 GMT | Official Statement) -- MLex Summary: UK financial services firms need to take action to mitigate cybersecurity risks posed by frontier AI, the UK government and financial authorities warned in a joint statement Friday. The Bank of England, Financial Conduct Authority and the UK’s finance ministry told firms to strengthen governance and third-party oversight to address faster and more disruptive AI-driven attacks. The warning comes as UK testing indicates that frontier models Claude’s Mythos Preview and OpenAI’s GPT 5.5 pose significantly higher risks to cyber defenses.Statement follows....
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