The Bank, FCA and HM Treasury joint statement on Frontier AI models and cyber resilience

The Bank and the PRA’s response to HMT, DSIT and DBT on AI in financial services

Summary of AI roundtables - February 2026

Bank of England and Financial Conduct Authority – Memorandum of Understanding on the supervision of Financial Market Infrastructure

In Focus: Frontier AI

The desk argues that the emergence of frontier AI is reshaping the cybersecurity landscape, creating significant challenges for organizations as they grapple with increased vulnerabilities and the asymmetry between attackers and defenders. Per the full note from J.P. Morgan, global cybersecurity spending is projected to nearly double from $140 billion in 2025 to $270 billion by 2030, yet 63% of companies report inadequate cybersecurity measures. This highlights a critical gap that frontier AI could exacerbate, as it enables rapid and scalable cyber attacks that traditional defenses struggle to counter.