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CoinVoice has learned that according to the Financial Technology Times, the Dubai Financial Services Authority (DFSA) has released a report stating that the frequency and complexity of cyber attacks driven by artificial intelligence and automation tools are on the rise. Criminals are leveraging their enhanced reconnaissance and execution capabilities, with double Ransomware and Supply Chain attacks being the main threats. The report emphasizes that regulatory agencies and Financial Institutions need to prioritize cyber resilience and calls for global regulatory cooperation to address systemic risks.

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