Australia regulator calls for urgent cybersecurity action to counter Mythos
Laurent H. — CEO & Founder CYBERR & HEELR
📢 Shared from Cyberr Australia
Australia regulator calls for urgent cybersecurity action to counter Mythos
The Australian Securities and Investments Commission on Friday published a letter sent to the financial services industry saying greater action needed to be taken on ensuring cybersecurity practices are as strong as possible.
"Cyber risk has entered a new era, the advent of frontier AI models creates opportunity but also materially increases risk, with the ability to expose vulnerabilities faster than many realise," Simone Constant, ASIC commissioner, said.
"Do not wait for perfect clarity to address the threat posed by new AI models. Instead, act now, and act with discipline, to strengthen the cyber resilience fundamentals that underpin your business."
Potential risks posed by Mythos, which has high-level coding capabilities, have given it a potentially unprecedented ability to identify cybersecurity vulnerabilities, experts have warned.
https://www.marketscreener.com/news/australia-regulator-calls-for-urgent-cybersecurity-action-to-counter-mythos-ce7f5bdadf8afe22
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