https://www.live-feeds.com/feed/andrew-bailey-warns-g20-of-danger-ai-poses-to-financial-systemContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/andrew-bailey-warns-g20-of-danger-ai-poses-to-financial-systemhttps://www.live-feeds.com/feed/andrew-bailey-warns-g20-of-danger-ai-poses-to-financial-system#u53294Tue, 01 Sep 2026 00:01:36 +0000Andrew Bailey, the Governor of the Bank of England and chair of the Financial Stability Board, has identified AI-driven cyberattacks as the primary threat to global financial stability. Addressing G20 finance leaders, Bailey cautioned that advanced AI models could make cyberattacks faster and more affordable. This capability increases the vulnerability of the financial sector, particularly because the industry relies on a limited number of technology providers. Bailey further warned that these risks could trigger a global market downturn or erode confidence in the financial system.Why it matte