On June 22, the leaders of the cybersecurity agencies in Australia, Canada, New Zealand, the UK, and the U.S. issued a joint statement calling for an “urgent” focus on cyber resilience in anticipation of “frontier AI models . . . exceed[ing] current industry expectations” and “fundamentally transforming both offensive and defensive cyber capabilities” within a timeline of “months.”  The frontier AI models referenced in the statement are the latest generation of advanced AI models that are capable of identifying and exploiting security vulnerabilities, which may result in an increased cadence of cybersecurity intrusions and data loss.  In light of the growing capabilities of these models, the statement encourages organizations to avoid treating cyber risk “as a purely technical issue” or an “IT issue” and instead take a “whole-of-organization” approach to cyber resilience that treats it as a “core business risk and leadership responsibility” that is “central to operational continuity and market trust.”  The statement also proposes several “urgent” practical actions that organizations can take to reduce risk, many of which were also discussed in our recent client alert regarding key considerations for lawyers addressing cyber risks posed by frontier models.