Circular to licensed corporations, SFC-licensed virtual asset service providers and associated entities Enhanced cybersecurity measures to address evolving risks arising from artificial intelligence-enabled cyberattacks

What the SFC said

The SFC reminds licensed firms to review and enhance cybersecurity measures against AI-enabled cyberattacks, which can autonomously find and chain vulnerabilities and lower the barrier for threat actors. Senior management, including the MIC-IT, is ultimately responsible for reviewing and approving framework changes.