Five Eyes intelligence alliance warns of threats from new AI models

Cutting-edge artificial intelligence technology is poised to supercharge offensive hacking capabilities, and urgent action is needed to face up to the threat, US, UK, Canadian, Australian and New Zealand officials have said. “Frontier AI models are anticipated to exceed current industry expectations, fundamentally transforming both offensive and defensive cyber capabilities,”…

Global financial crime FATF watchdog adds Iraq and Bosnia and ​Herzegovina to ‘grey list’

The Financial Action Task Force (FATF) has included Bosnia and Herzegovina in its list of jurisdictions under increased monitoring, commonly known as the “grey list.” According to the FATF, jurisdictions placed under increased monitoring have strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. These…