Bank of Canada meets major lenders on Anthropic AI cyber threats - Bloomberg By Investing.com

Investing.com - The Bank of Canada and the country's major banks and financial firms met Friday to discuss cybersecurity risks raised by Anthropic PBC's latest artificial intelligence model, Bloomberg reported.

The gathering followed a similar move by US policymakers earlier in the week. Bloomberg News reported Thursday that US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders for an urgent discussion about Anthropic's Mythos and similar AI models.

The Canadian meeting involved members of a body known as the Canadian Financial Sector Resiliency Group. It includes representatives from the six largest domestic banks, the federal Finance department, financial regulatory agencies, the parent company of the Toronto Stock Exchange and other firms.

A spokesperson for Finance Minister François-Philippe Champagne confirmed the meeting took place on Friday. The meeting signals growing concern among regulators globally that more powerful AI models will lead to a new breed of cyber attacks against the financial industry.

The discussions centered on Anthropic's Mythos model and the potential security vulnerabilities it presents to financial institutions.

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