Template-Type: ReDIF-Paper 1.0 Author-Name: Iñaki Aldasoro Author-X-Name-First: Iñaki Author-X-Name-Last: Aldasoro Author-Name: Raphael Auer Author-X-Name-First: Raphael Author-X-Name-Last: Auer Author-Name: Jon Frost Author-X-Name-First: Jon Author-X-Name-Last: Frost Author-Name: Fernando Perez-Cruz Author-X-Name-First: Fernando Author-X-Name-Last: Perez-Cruz Title: A Mythos moment? Frontier AI and cyber risk Abstract: Frontier artificial intelligence (AI) models increase the speed, scale and complexity of cyber attacks, and they also strengthen cyber defence. But the costs are asymmetric and may favour attackers. The medium-term impact on systemic cyber risk depends on the various actors' access to the most advanced tools, on compute power to run the tools and on economic incentives. Given the pace of recent developments, swift adoption of frontier AI models to review code bases and fix vulnerabilities is essential. International coordination can support authorities in addressing these issues. Length: 8 pages Creation-Date: 2026-07-20 File-URL: https://www.bis.org/publ/bisbull129.pdf File-Format: Application/pdf File-Function: Full PDF document File-URL: https://www.bis.org/publ/bisbull129.htm File-Format: text/html Number: 129 Handle: RePEc:bis:bisblt:129