Five Eyes spooks warn AI means infosec incidents can become ‘major operational and financial crises’

The Five Eyes intelligence agencies from Australia, Canada, New Zealand, the USA, and the UK issued a warning that AI-powered cyberattacks could escalate into major operational and financial crises, urging organizations to prioritize foundational cybersecurity practices and integrate AI tools for defense. They emphasized that breaches are inevitable and preparedness is critical to mitigate risks, while acknowledging AI's dual role in accelerating threats and enhancing resilience.