AI cyber attacks could drain current accounts says deVere CEO – AzerNews

AI cyber attacks could drain current accounts says deVere CEO  AzerNews

Shopping online with a debit card tied to your everyday current account where your salary lands, your savings sit and your monthly cash flow runs could be handing criminals a far bigger prize than they need to, as AI pushes cybercrime into a faster and more dangerous era. This is the stark warning from the CEO of deVere Group, one of the world’s largest independent financial advisory organisations, as governments across Europe and beyond pull public websites offline after AI uncovered two critical flaws in PHP, the programming language estimated to run around 70% of the world’s websites. Nigel Green says: “When governments are hitting the off switch on their own websites, it’s serious.

The code behind most of the internet had holes in it for over a decade and it took AI to find them.” Finland temporarily closed its government’s public web services, while the Dutch national cybersecurity agency took its own website down as a precaution. Agencies in Britain, Japan and Australia urged operators to patch immediately or go offline, and the US National Security Agency warned the weaknesses can hand attackers a direct route into a server’s files and databases. The White House says federal agencies are working alongside leading AI labs to speed up a fix. With PHP behind such a vast share of the web,