Bank of England, FCA, and Treasury Issue Joint Warning: Frontier AI Cyber Capabilities Already Exceed Skilled Human Practitioners

Bank of England·high signal

The UK's three financial regulators published a joint statement warning that frontier AI models already exceed what skilled human cybersecurity practitioners can achieve — operating faster, at greater scale, and at lower cost. Regulated financial firms must now take active steps across governance, vulnerability management, third-party risk, and incident response to address AI-driven cyber threats. The statement makes clear that underinvestment in core cyber fundamentals will leave firms 'progressively more exposed' as more advanced models emerge.