The regulators also called for greater industry collaboration on threat intelligence, dependency mapping, supplier assurance and sectorwide incident coordination, noting that concentration in cloud, software, AI model, payments and telecommunications providers can turn isolated failures into broader disruption. Frontier AI preparedness will remain a heightened supervisory focus for both authorities.
2026-08-27Australian Prudential Regulation Authority
Australian Prudential Regulation Authority and Australian Securities and Investments Commission urge financial entities to test frontier AI resilience
The Australian Prudential Regulation Authority and the Australian Securities and Investments Commission are urging financial entities to demonstrate tested resilience against AI-accelerated cyber threats. Firms should strengthen core controls, pre-establish board-level crisis decisions and address shared third-party dependencies. Frontier AI preparedness will remain a heightened regulatory focus.