German banks probe Anthropic Mythos over cyberattack risks By Investing.com

Investing.com -- German banks and national authorities are examining risks surrounding Anthropic's new artificial intelligence model amid concerns it could fuel cyberattacks.

Kolja Gabriel, a member of the executive board at the German Banking Association, said Thursday that the group was consulting with cyber experts at its member banks as well as Germany's finance ministry and other authorities.

Mythos is being used in a controlled manner by IT security firms to close potential vulnerabilities as quickly as possible, according to Gabriel, who is responsible for technology and innovation. He said the association expects a series of software updates shortly and is closely monitoring developments.

The discussions also involve the Bundesbank and Germany's financial watchdog BaFin.

BaFin said there are regular exchanges with relevant national, European and international stakeholders. Financial firms must be prepared for the possibility that vulnerabilities could be discovered in the near future, which would then need to be addressed promptly and quickly, BaFin said in a statement.

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

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