FSA and BOJ urge financial institutions to prepare for cyberattacks that exploit AI

Japan’s Financial Services Agency and the Bank of Japan issued a short-term action document on AI-driven cyber threats.

They asked financial institutions to prioritize protection of critical systems, fix vulnerabilities, and review staffing and vendor support within about a month.

The guidance also calls for checks on business continuity plans and defenses such as WAF and EDR, especially for internet banking.

The move reflects concern that frontier AI could make attacks faster, larger, and harder to stop.