{"id":248447,"date":"2026-05-18T05:00:00","date_gmt":"2026-05-18T09:00:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/18\/bank-of-england-fca-and-treasury-raise-alarm-over-frontier-ai\/"},"modified":"2026-05-18T10:45:09","modified_gmt":"2026-05-18T14:45:09","slug":"bank-of-england-fca-and-treasury-raise-alarm-over-frontier-ai-2","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/18\/bank-of-england-fca-and-treasury-raise-alarm-over-frontier-ai-2\/","title":{"rendered":"Bank of England, FCA and Treasury Raise Alarm Over Frontier AI"},"content":{"rendered":"<p><a href=\"https:\/\/www.infosecurity-magazine.com\/news\/bank-england-fca-treasury-alarm\/\">Bank of England, FCA and Treasury Raise Alarm Over Frontier AI<\/a><\/p>\n<p><a href=\"https:\/\/www.infosecurity-magazine.com\/news\/bank-england-fca-treasury-alarm\/\">https:\/\/www.infosecurity-magazine.com\/news\/bank-england-fca-treasury-alarm\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-18 05:00:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.infosecurity-magazine.com\">www.infosecurity-magazine.com<\/a><\/p>\n<p>The UK\u2019s financial services firms must take active steps to manage the cybersecurity risks stemming from frontier AI, the UK government, the UK&#8217;s\u00a0Financial Conduct Authority (FCA)\u00a0and Bank of England have said.<\/p>\n<p>A missive from the trio on May 15 was intended to clarify and reinforce their message \u201cas the operating environment becomes more complex\u201d.<\/p>\n<p>It warned that the sector must put in place \u201ceffective protective, detective, threat containment and cyber-response capabilities\u201d in order to mitigate cyber risks posed by the rapidly advancing technology.<\/p>\n<p>Read more on frontier AI: What Fronter AI Models Like Mythos and GPT-Cyber Mean for Modern Cybersecurity.<\/p>\n<p>\u201cThe cyber capabilities of current frontier AI models are already exceeding what a skilled practitioner could achieve, and at a significantly higher speed, greater scale, and lower cost,\u201d it noted.<\/p>\n<p>\u201cThese capabilities, if used maliciously, amplify cyber threats to firms\u2019 safety and soundness, customers, market integrity\u00a0and financial stability. As more advanced models become available, these risks are expected to increase. Firms that have underinvested in core cybersecurity fundamentals are likely to become progressively more exposed.\u201d<\/p>\n<h2><strong>Time to Take Action<\/strong><\/h2>\n<p>The statement urges action across several domains:<\/p>\n<ul>\n<li><strong>Governance and strategy:<\/strong> boards and senior management must have \u201csufficient understanding\u201d of frontier AI risks and make investment decisions that reflect the increased threat. This includes protecting unsupported systems and taking out cyber insurance<\/li>\n<li><strong>Vulnerability management:<\/strong> Firms should be able to \u201ctriage, prioritize, risk assess\u00a0and remediate vulnerabilities\u201d rapidly and at scale \u2013 using automation where necessary while mitigating any operational risks<\/li>\n<li><strong>Third-party risk:<\/strong> Firms should effectively manage frontier AI cyber risks from supply chains, including open source software. They should be able to remediate vulnerabilities identified by third parties at&#8230;<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.infosecurity-magazine.com\/news\/bank-england-fca-treasury-alarm\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank of England, FCA and Treasury Raise Alarm Over Frontier AI https:\/\/www.infosecurity-magazine.com\/news\/bank-england-fca-treasury-alarm\/ Publish Date: 2026-05-18&#8230;<\/p>\n","protected":false},"author":1,"featured_media":248449,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/assets.infosecurity-magazine.com\/webpage\/og\/4ee96e8a-a4e3-4267-b43a-3ad2435c4ec2.jpg","fifu_image_alt":"","footnotes":""},"categories":[15],"tags":[26,24,27],"class_list":["post-248447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","tag-ai","tag-cybersecurity","tag-vulnerability"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/248447"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=248447"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/248447\/revisions"}],"predecessor-version":[{"id":248452,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/248447\/revisions\/248452"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/248449"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=248447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=248447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=248447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}