Banks in close contact with European regulator on Anthropic's Myt

Banks and European regulators are actively coordinating over Anthropic's new AI model, Mythos, to assess cybersecurity risks, though no immediate alarm has been raised. Coordination spans national authorities, the ECB, and industry bodies to integrate Mythos into risk frameworks.

Banks Monitor Anthropic's Mythos AI Model with European Regulators Amid Security Concerns

European Banks Address Risks of Anthropic's Mythos AI Model

FRANKFURT, April 20 (Reuters) - Banks are in close contact with their European regulators regarding Anthropic's new artificial intelligence model Mythos, Christian Sewing, president of the German banking association and CEO of Deutsche Bank, said on Monday.

Ongoing Discussions Between Banks and Regulators

He said that the banking association would further discuss the topic later on Monday after talks last week.

Risk Management and Industry Response

"It's certainly not something that's causing panic or setting off any alarm bells on our end right now, but it's definitely something we need to keep in mind in our day-to-day risk management -- and that's exactly what we're doing," he told journalists.

Regulatory Scrutiny Over Mythos AI's Capabilities

The vast capabilities of Mythos to code at a high level have given it a potentially unprecedented ability to identify cybersecurity vulnerabilities, experts say, prompting greater scrutiny from some regulators globally.

(Reporting by Tom Sims, editing by Thomas Seythal)