IMF chief warns AI-powered cyber-attacks threaten global financial stability
IMF chief Kristalina Georgieva warned world leaders at Bangkok meetings last week that artificial intelligence-turbocharged cyber-attacks threaten financial system stability. French supermarket hackers compromised refrigerator controls, spoiling inventory and illustrating growing cybercrime risks. Georgieva fears unchecked digital fraud could erode trust in mainstream banks, potentially driving consumers to hoard cash as they did during Soviet-era uncertainty.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 18 Oct 2026, 11:46 UTC · Updated 18 Oct 2026, 12:00 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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