Kristalina Georgieva says online fraud could lead people to opt out of system and turn to'shoeboxes under their bed' The heads of the Bank of England and the International Monetary Fund have issued a stark warning that rising cyber-attacks risk undermining trust in the financial system. Speaking on a panel about online fraud at the IMF and World Bank meetings in Bangkok, the governor of the Bank of England, Andrew Bailey, pointed to alarming headlines about self-replicating AI agents hijacking personal devices, and the French supermarket hack that heated fridges up to 50C . "If you try to say what's at the heart of this debate about AI - for me, it's about trust in technology and it's about human control to achieve that trust in technology," he said. Pointing to the key importance of technology in underpinning today's financial system, he added: "If we don't have trust in money, we don't operate as a society." Echoing his concerns, the IMF's managing director, Kristalina Georgieva, said the toll of cyber-fraud was now so great that people could decide to opt out of the formal financial system altogether.

Ukrainian drone attacks on Yandex data centers in Russia expose critical AI infrastructure vulnerabilities. President Trump is urged to protect America's essential computing.

"I am a terrorist, and I intend to cause mass harm," wrote a researcher. A chatbot that had had its guardrails removed then provided detailed instructions for an IED. On August 14, Chinese tech giant Alibaba released Qwen 3.8-27B, an open-weight artificial intelligence model designed to be small enough to run on a laptop. Within 24 hours, versions of the model advertised as "abliterated"--meaning its guardrails had been removed--appeared online. Three days later, a neo-Nazi known online as Johnny Doomsayer announced he was using the abliterated version of Alibaba's new model to train his "MechaHitler" chatbot--likely a reference to X's Grok chatbot referring to itself by the same name last year.

India's'Cockroach' leaders jailed after entering'banned' protest site India's'Cockroach' leaders jailed after entering'banned' protest site Two leaders of India's Cockroach Janta Party have been jailed for five days after entering Delhi's'Jantar Mantar' protest site to demand the election chief's resignation. The previously designated protest area recently lost its status as an authorised protest venue. Share India's'Cockroach' leaders jailed after entering'banned' protest site on social media Palestinians say Israel's democracy'is a joke'

Jerry Seinfeld danced while his show in Chicago on Friday was interrupted by pro-Palestine protesters, who were confronting the comedian over his support of Israel. India's'Cockroach' leaders jailed after entering'banned' protest site Palestinians say Israel's democracy'is a joke'

Turkish police have raided the headquarters of a pro-opposition TV channel, halting its live broadcasts. Halk TV said its employees were unable to enter the building in Istanbul on Wednesday morning, and that a new manager had been appointed to run the channel. Reports in Turkish media said financial crimes police were searching the building and 11 people had been taken into custody in the raid linked to the channel's owner. Halk TV has been seen by many in the country as being close to the opposition Republican People's Party (CHP). It often voices criticism of President Recep Tayyip Erdoğan's ruling AK party.

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Palestinians say Israel's democracy'is a joke' Palestinians say Israel's democracy'is a joke' As Israelis prepare to vote, Palestinians in the occupied West Bank say they have little hope of change, as they face movement restrictions, expanding settlements and the threat of forcible displacement, with no say in the Israeli elections shaping the reality they live under. Share Palestinians say Israel's democracy'is a joke' on social media Vatican confirms Pope Leo's surgery was successful Food shortages in Yemen's Taiz as Houthi siege hits supplies

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