IMF Warns More Banks Would Fail Under AI Cyber Attack Scenario as Defenses Lag

The International Monetary Fund has raised alarm that a greater number of global banks would face insolvency in a catastrophic AI-driven cyberattack scenario than one year prior, citing growing systemic vulnerabilities even as financial institutions continue investing in AI defenses. The warning reflects a fundamental shift in how regulators view artificial intelligence: no longer merely an operational risk, but a macro-financial threat capable of triggering cascading failures across the world's interconnected banking infrastructure.