ECB Warns Banks on Anthropic AI Model Risks to Cybersecurity
Market Updates

ECB Warns Banks on Anthropic AI Model Risks to Cybersecurity

Global Banking & Finance Review10d ago

ECB supervisors plan to alert banks of heightened cyber risks from Anthropic's Mythos AI model during routine supervisory dialogue -- reflecting growing concern over its ability to uncover and exploit hidden software vulnerabilities at unprecedented speed.

ECB to Advise Banks on Anthropic AI Model Amid Rising Cybersecurity Risks

ECB Supervisors Address AI-Driven Cybersecurity Threats in Banking Sector

Anthropic's Mythos Model Raises Concerns

FRANKFURT, April 15 (Reuters) - European Central Bank supervisors are set to warn bankers about the risks posed by Anthropic's new artificial intelligence model that might supercharge cyberattacks, one source familiar with the situation told Reuters.

Anthropic's Mythos is seen by cybersecurity experts as posing significant challenges to the banking industry and its legacy technology systems, raising alarm bells among regulators in Britain and the United States.

ECB's Response and Information Gathering

ECB supervisors are gathering information about the model, with a view to discussing this new possible source of risk with banks on their watch, said the source who spoke on condition of anonymity because they are not authorised to comment publicly on the matter.

Dialogue with Banks and Official Statements

Unlike in the U.S., this will be done via the ECB's regular dialogue with bank staff and no ad-hoc meeting with top management has been scheduled yet.

An ECB spokesperson declined to comment.

(Reporting by Francesco Canepa; Editing by Emelia Sithole-Matarise)

Originally published by Global Banking & Finance Review

Read original source →
Anthropic