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G7 Agrees to Jointly Run Tabletop Exercises Against AI-Driven Cyberattacks

G7 Agrees to Jointly Run Tabletop Exercises Against AI-Driven Cyberattacks
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The Group of Seven (G7) nations have agreed to conduct joint tabletop exercises to counter cyberattacks exploiting artificial intelligence (AI), Reuters reported.

Speaking to reporters on the previous day, Japanese Finance Minister Satsuki Katayama, who attended the G7 finance ministers and central bank governors meeting held in Bangkok on the 16th (local time), stated that G7 deputy finance ministers had discussed plans for tabletop exercises on advanced AI and that the ministerial level has approved them.

Reuters noted that this agreement comes after the International Monetary Fund (IMF) warned that public trust could be severely undermined if core services of financial institutions fall victim to AI-driven cyberattacks.

An official from Japan's Ministry of Finance attending the meeting explained that G7 financial authorities, central banks, and private financial institutions will participate in the exercises, which are designed as simulations to test responses to AI-related cyberattacks.

The official added that the results of the drills will be used to evaluate the effectiveness of existing response protocols and to revise guidelines for better handling of related incidents.
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