International Monetary Fund (IMF) Managing Director Kristalina Georgieva has called for greater international cooperation to address cybersecurity risks associated with advanced AI systems, warning that rapidly evolving AI capabilities could pose challenges for the global financial system if misused.
Speaking to journalists in Brussels, Georgieva said new AI models are increasing the ability to identify cybersecurity vulnerabilities at a scale previously unavailable. She noted that these capabilities can support efforts to strengthen cyber defences by helping organisations detect and address weaknesses more quickly.
At the same time, Georgieva said the same capabilities could be misused by malicious actors. Referring to recent developments in advanced AI systems, she said that frontier models can be used positively to identify cybersecurity vulnerabilities but that, ‘in the wrong hands,’ those capabilities could be directed against financial infrastructure.
Her comments come amid growing discussion among policymakers, regulators, and financial institutions about the implications of increasingly capable AI systems for cybersecurity and financial stability. Earlier this year, Georgieva warned that the international monetary system was not adequately prepared to address rapidly evolving AI-related cyber risks and called for greater attention to safeguards needed to protect financial stability.
According to Georgieva, stronger cooperation will be necessary across countries and sectors to address these risks. She highlighted the importance of collaboration between advanced and developing economies, as well as between public institutions and private-sector actors responsible for critical digital infrastructure.
She also pointed to the interconnected nature of the global financial system, arguing that vulnerabilities in one jurisdiction can have wider implications. Because financial systems are closely linked across borders, weaknesses in cybersecurity protections may create risks beyond the countries where they originate.
In addition to cooperation, Georgieva stressed the importance of investing in cyber resilience. She said governments should consider cybersecurity requirements when planning public spending and ensure that sufficient resources are available to strengthen defences against evolving threats.
Her remarks align with broader concerns raised by financial authorities regarding the growing role of AI in cybersecurity. While advanced models may help identify vulnerabilities and improve defensive capabilities, they may also lower barriers for conducting sophisticated cyber operations. Financial institutions and regulators have increasingly examined how to strengthen preparedness and resilience in response to these developments.
Georgieva also referred to broader risks associated with rapid AI adoption, including the potential for market volatility driven to changing expectations for AI technologies. She described such risks as low-probability but potentially high-impact events.
The IMF has previously highlighted the economic implications of AI, including its potential effects on labour markets and productivity. Georgieva has argued that governments should prepare for significant technological change while ensuring that the benefits of AI are broadly shared.
Why does it matter?
The comments in Brussels place cybersecurity and financial resilience at the centre of ongoing discussions about AI governance. As governments, regulators, and financial institutions continue to assess the implications of increasingly capable AI systems, questions around international cooperation, preparedness, and cyber resilience are expected to remain a key focus of policy discussions.
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