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The latest news and updates from companies in the WLTH portfolio.
Vance, Bessent questioned tech giants on AI security before Anthropic's Mythos release, CNBC reports
April 10 (Reuters) - U.S. Vice President JD Vance and Treasury Secretary Scott Bessent questioned leading tech CEOs about AI model security and how to respond to cyber attacks a week before Anthropic released its new Mythos model, CNBC reported on Friday. Anthropic's Dario Amodei, Alphabet's Sundar Pichai, OpenAI's Sam Altman, Microsoft's Satya Nadella and the heads of Palo Alto Networks and CrowdStrike were on the call, according to the report. Anthropic declined to comment, while Alphabet, OpenAI, Microsoft, Palo Alto and CrowdStrike did not immediately respond to Reuters' requests for comment. Earlier this week, Anthropic launched a powerful AI model but held off on releasing it widely over concerns that it could expose hidden cybersecurity vulnerabilities. Only a group of around 40 tech heavyweights, including Microsoft and Google, would have access to Anthropic's "Claude Mythos" model. The startup had said it had been in ongoing discussions with the U.S. government about the model's capabilities. (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Leroy Leo)
Bessent, Powell warn banks about new Anthropic model's cyber risks
HUNT VALLEY, Md. (TNND) -- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly warned some of the biggest banks this week about cyber risks posed by the AI company Anthropic. The officials met with the chief executives of Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley in Washington on Tuesday, according to multiple outlets. JPMorgan Chase CEO Jamie Dimon was reportedly unable to join. Anthropic launched its Claude Mythos Preview model to select companies the same day. The program, which can perform cybersecurity tasks, poses risks that Anthropic has acknowledged. The National News Desk requested comment from Anthropic, each of the meeting's reported participants and JPMorgan Chase. The Federal Reserve, Citigroup, Wells Fargo and Goldman Sachs did not comment on the report when reached. A spokesman for the Treasury said Bessent convened the meeting to begin forming an approach to the "rapid" developments of AI. The attendees were already in Washington for previously scheduled events, the representative added. "President Trump and the Administration are continuing to engage on AI security in a thoughtful manner," the spokesman said.
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. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Bessent, Powell warn banks about new Anthropic model's cyber risks
HUNT VALLEY, Md. (TNND) -- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly warned some of the biggest banks this week about cyber risks posed by the AI company Anthropic. The officials met with the chief executives of Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley in Washington on Tuesday, according to multiple outlets. JPMorgan Chase CEO Jamie Dimon was reportedly unable to join. Anthropic launched its Claude Mythos Preview model to select companies the same day. The program, which can perform cybersecurity tasks, poses risks that Anthropic has acknowledged. The National News Desk requested comment from Anthropic, each of the meeting's reported participants and JPMorgan Chase. The Federal Reserve, Citigroup, Wells Fargo and Goldman Sachs did not comment on the report when reached. A spokesman for the Treasury said Bessent convened the meeting to begin forming an approach to the "rapid" developments of AI. The attendees were already in Washington for previously scheduled events, the representative added. "President Trump and the Administration are continuing to engage on AI security in a thoughtful manner," the spokesman said.
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. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Anthropic model scare sparks urgent Bessent, Powell warning to bank CEOs
By Todd Gillespie, Katanga Johnson, Hannah Levitt and Sridhar Natarajan | Bloomberg Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk. Bessent and Powell assembled the group at Treasury's headquarters in Washington on Tuesday to make sure banks are aware of possible future risks raised by Anthropic's Mythos and potential similar models, and are taking precautions to defend their systems, according to people familiar with the matter who asked not to be identified citing the private discussions. Many of the executives were in town already for a meeting of the Financial Services Forum, an advocacy group made up of the biggest lenders. A representative for the Treasury didn't immediately respond to a request for comment. A spokesperson for the Fed declined to comment. The previously unreported meeting, arranged on short notice, is another sign that regulators consider the possibility of a new breed of cyberattacks as one of the biggest risks facing the financial industry. All the banks summoned to the meeting are classified as systemically important by top regulators, meaning their stability is a priority for the global financial system. Powell's participation in the meeting signaled that the concern was one of systemic risk, and not tied to the Trump administration's previous clashes with Anthropic, said some of the people. The Fed, with its network of examiners, is also deeply familiar with banking operations. "We're taking every step we can to make sure that everybody is safe from these potential risks, including Anthropic agreeing to hold back the public release of the model until our officials have figured everything out," National Economic Council Director Kevin Hassett said on Fox News Friday in response to a question about the Fed and Treasury's meeting. "There's definitely a sense of urgency." Other regulators are also taking action. The Bank of Canada and the country's major banks and financial firms met Friday to discuss cybersecurity risks raised by Mythos, Bloomberg reported Friday. The Bank of England will meet with top bank and insurance executives to discuss how they're preparing, according to a report from the Telegraph. Anthropic's Mythos is a more powerful system that the AI firm has said is capable of identifying and then exploiting vulnerabilities in every major operating system and web browser when directed by a user to do so. Regulators' caution about the power of the model in hackers' hands echoes Anthropic's own prudence. Anthropic has limited the release of it to just a few major technology and finance firms at first. Those companies, which include Amazon.com Inc. and Apple Inc. as well as JPMorgan Chase & Co., are part of "Project Glasswing," which will work to secure the most important systems before other similar AI models become available. In releasing Mythos to a very limited set of companies, Anthropic pointed to several vulnerabilities that the AI system was capable of both identifying and potentially exploiting during testing. None of the examples related specifically to financial institutions, but in one instance, the firm's security team said it was able to compromise a web browser so that a website set up by a hacker could read data from another website "e.g., the victim's bank."
Anthropic model scare sparks urgent Bessent, Powell warning to bank CEOs
By Todd Gillespie, Katanga Johnson, Hannah Levitt and Sridhar Natarajan | Bloomberg Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk. Bessent and Powell assembled the group at Treasury's headquarters in Washington on Tuesday to make sure banks are aware of possible future risks raised by Anthropic's Mythos and potential similar models, and are taking precautions to defend their systems, according to people familiar with the matter who asked not to be identified citing the private discussions. Many of the executives were in town already for a meeting of the Financial Services Forum, an advocacy group made up of the biggest lenders. A representative for the Treasury didn't immediately respond to a request for comment. A spokesperson for the Fed declined to comment. The previously unreported meeting, arranged on short notice, is another sign that regulators consider the possibility of a new breed of cyberattacks as one of the biggest risks facing the financial industry. All the banks summoned to the meeting are classified as systemically important by top regulators, meaning their stability is a priority for the global financial system. Powell's participation in the meeting signaled that the concern was one of systemic risk, and not tied to the Trump administration's previous clashes with Anthropic, said some of the people. The Fed, with its network of examiners, is also deeply familiar with banking operations. "We're taking every step we can to make sure that everybody is safe from these potential risks, including Anthropic agreeing to hold back the public release of the model until our officials have figured everything out," National Economic Council Director Kevin Hassett said on Fox News Friday in response to a question about the Fed and Treasury's meeting. "There's definitely a sense of urgency." Other regulators are also taking action. The Bank of Canada and the country's major banks and financial firms met Friday to discuss cybersecurity risks raised by Mythos, Bloomberg reported Friday. The Bank of England will meet with top bank and insurance executives to discuss how they're preparing, according to a report from the Telegraph. Anthropic's Mythos is a more powerful system that the AI firm has said is capable of identifying and then exploiting vulnerabilities in every major operating system and web browser when directed by a user to do so. Regulators' caution about the power of the model in hackers' hands echoes Anthropic's own prudence. Anthropic has limited the release of it to just a few major technology and finance firms at first. Those companies, which include Amazon.com Inc. and Apple Inc. as well as JPMorgan Chase & Co., are part of "Project Glasswing," which will work to secure the most important systems before other similar AI models become available. In releasing Mythos to a very limited set of companies, Anthropic pointed to several vulnerabilities that the AI system was capable of both identifying and potentially exploiting during testing. None of the examples related specifically to financial institutions, but in one instance, the firm's security team said it was able to compromise a web browser so that a website set up by a hacker could read data from another website "e.g., the victim's bank."
Anthropic model scare sparks urgent Bessent, Powell warning to bank CEOs
By Todd Gillespie, Katanga Johnson, Hannah Levitt and Sridhar Natarajan | Bloomberg Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk. Bessent and Powell assembled the group at Treasury's headquarters in Washington on Tuesday to make sure banks are aware of possible future risks raised by Anthropic's Mythos and potential similar models, and are taking precautions to defend their systems, according to people familiar with the matter who asked not to be identified citing the private discussions. Many of the executives were in town already for a meeting of the Financial Services Forum, an advocacy group made up of the biggest lenders. A representative for the Treasury didn't immediately respond to a request for comment. A spokesperson for the Fed declined to comment. The previously unreported meeting, arranged on short notice, is another sign that regulators consider the possibility of a new breed of cyberattacks as one of the biggest risks facing the financial industry. All the banks summoned to the meeting are classified as systemically important by top regulators, meaning their stability is a priority for the global financial system. Powell's participation in the meeting signaled that the concern was one of systemic risk, and not tied to the Trump administration's previous clashes with Anthropic, said some of the people. The Fed, with its network of examiners, is also deeply familiar with banking operations. "We're taking every step we can to make sure that everybody is safe from these potential risks, including Anthropic agreeing to hold back the public release of the model until our officials have figured everything out," National Economic Council Director Kevin Hassett said on Fox News Friday in response to a question about the Fed and Treasury's meeting. "There's definitely a sense of urgency." Other regulators are also taking action. The Bank of Canada and the country's major banks and financial firms met Friday to discuss cybersecurity risks raised by Mythos, Bloomberg reported Friday. The Bank of England will meet with top bank and insurance executives to discuss how they're preparing, according to a report from the Telegraph. Anthropic's Mythos is a more powerful system that the AI firm has said is capable of identifying and then exploiting vulnerabilities in every major operating system and web browser when directed by a user to do so. Regulators' caution about the power of the model in hackers' hands echoes Anthropic's own prudence. Anthropic has limited the release of it to just a few major technology and finance firms at first. Those companies, which include Amazon.com Inc. and Apple Inc. as well as JPMorgan Chase & Co., are part of "Project Glasswing," which will work to secure the most important systems before other similar AI models become available. In releasing Mythos to a very limited set of companies, Anthropic pointed to several vulnerabilities that the AI system was capable of both identifying and potentially exploiting during testing. None of the examples related specifically to financial institutions, but in one instance, the firm's security team said it was able to compromise a web browser so that a website set up by a hacker could read data from another website "e.g., the victim's bank."
Vance, Bessent questioned tech giants on AI security before Anthropic's Mythos release - CNBC
Microsoft Corporation is the world's leader in the design, development and marketing of operating systems and software programs for PC's and servers. The group also builds and sells computer equipment. Net sales break down by activity as follows: - sale of operating systems and application development tools (42.9%): primarily for servers (Azure, SQL Server, Windows Server, Visual Studio, System Center, GitHub, etc.) and (Windows); - development of cloud-based software applications (37.7%): programs for productivity (Microsoft 365; Word, Excel, PowerPoint, Outlook, OneNote, Publisher and Access), integrated management and customer relationship management (Dynamics 365), online file sharing and management (OneDrive), and unified and collaborative communications (Microsoft Teams); - other (19.4%): primarily sale of software licenses (Windows), tablets (Microsoft Surface), video game consoles and software (Xbox), computer accessories, etc. The United States accounts for 51.3% of net sales.
Anthropic's Amodei, Google's Pichai, OpenAI's Altman, Microsoft's Nadella and heads of Palo Alto Networks and CrowdStrike were also on call - CNBC
Microsoft Corporation is the world's leader in the design, development and marketing of operating systems and software programs for PC's and servers. The group also builds and sells computer equipment. Net sales break down by activity as follows: - sale of operating systems and application development tools (42.9%): primarily for servers (Azure, SQL Server, Windows Server, Visual Studio, System Center, GitHub, etc.) and (Windows); - development of cloud-based software applications (37.7%): programs for productivity (Microsoft 365; Word, Excel, PowerPoint, Outlook, OneNote, Publisher and Access), integrated management and customer relationship management (Dynamics 365), online file sharing and management (OneDrive), and unified and collaborative communications (Microsoft Teams); - other (19.4%): primarily sale of software licenses (Windows), tablets (Microsoft Surface), video game consoles and software (Xbox), computer accessories, etc. The United States accounts for 51.3% of net sales.
Anthropic Claude Mythos Will Break Vulnerability Management - IT Security News
Anthropic's latest AI Model, Claude Mythos, will break the cybersecurity vulnerability management operational models. Mythos is so good at discovering and building viable exploits it is currently being rolled-out in a controlled manner under "Project Glasswing". Those cybersecurity companies who have early access are attesting to the blazing speed and accuracy of the model and have declared the traditional processes the industry uses to manage vulnerabilities in their systems is no longer viable. First, new AI models like Mythos, are incredibly proficient at identifying weaknesses in code that could be leveraged by cyber attackers. Mythos has found over 2000 high-severity vulnerabilities, including in every major operating system and web browser! The second issue is how fast workable exploits can be created to take advantages of discovered vulnerabilities. The latest AI models are highly proficient and quickly figuring out how to leverage weakness and chain them together across multiple vulnerabilities to gain unprecedented access to targeted systems and infrastructures. The speed of discovery and exploitation of vulnerabilities is now well beyond what defenders can address. Currently, the industry must become aware of vulnerabilities through industry announcements, direct notification by researchers, or in rare cases by self-discovery efforts. They must then verify the vulnerability and understand its potential applicability to their environment. It gets rated and based upon that rating; resources will be committed to develop a patch. The patch must be tested and then scheduled for roll-out in a way that it can be withdrawn if something unforeseen occurs. This takes time and may incur downtime for impacted systems. Most organizations have a cadence for addressing different severity vulnerabilities. A patch calendar may bundle fixes to control the disruption and prioritize the most urgent fixes. High risk may be fixed in weeks or a month, medium in several months, and low, perhaps every year if they choose to fix them at all. The goal is simply to fix the vulnerabilities before the attackers could create and deploy an exploit in the wild, which typically took months. No longer. Now, what took months will take minutes with Mythos and other AI models. That breaks the entire vulnerability management system that protects our digital world. For those who read my annual cybersecurity predictions (video version), we can check off prediction number 2, which outlined how AI acceleration would shrink the time-to-patch window dramatically, beyond what is currently possible for cybersecurity teams. First, organizations will cut corners to speed up patch release for the impactful vulnerabilities most likely to be exploited. This will shrink the patch window a little, but not enough, and introduce errors in patches which will have undesired impacts on users. Essentially, th [...] Content was cut in order to protect the source.Please visit the source for the rest of the article.
Vance, Bessent questioned tech giants on AI security before Anthropic's Mythos release
The meeting occurred over the phone, according to a person familiar with the matter who asked not to be named because the meeting was private. The person said that Anthropic's Dario Amodei, Google's Sundar Pichai, OpenAI's Sam Altman, Microsoft's Satya Nadella, CrowdStrike's George Kurtz and Palo Alto Networks' Nikesh Arora also participated. The tech CEOs met to discuss the security posture of large language models and safe deployment, according to the person. Officials also discussed how to respond if models scale in favor of attackers, they added. OpenAI declined to comment on the meeting. CNBC has reached out to the White House and the other companies for comment. An Anthropic official declined to comment on the meeting, but told CNBC Friday that the company has been in touch with White House officials about cybersecurity in recent weeks and has made itself available to support "the government's own testing and evaluation of the technology."
Cyber security stocks fall on worries over Anthropic's advanced AI tool
Information security and software stocks fell on Friday as traders fretted over Anthropic's advanced AI model, in the latest slide sparked by worries new tools will upend a wide range of sectors. Concerns have mounted all week across the software industry after Anthropic announced that its latest AI model, Mythos, was able to detect critical vulnerabilities in code that extensive testing had previously missed. It was further evidence that AI models can often code better -- and more quickly and at cheaper rates -- than humans, a phenomenon which has ignited several bouts of selling this year. The S&P 500 software and services index fell 1.6 per cent on Friday, bringing its fall for this year to 26 per cent. A widely tracked Goldman Sachs basket of US software stocks dropped 5 per cent on Friday, also extending a sharp decline in recent months. Analysts said the market's focus on developments in the Middle East had distracted investors from Anthropic's potentially seismic new release, but that traders were now turning their attention again to these risks. "Anthropic's new powerful Claude Mythos model has significantly escalated AI disruption fears," said Mike O'Rourke at Jones Trading, a New York broker. In a sign of the magnitude of the concerns on Wall Street, Treasury secretary Scott Bessent and Federal Reserve chair Jay Powell earlier this week summoned some of the largest US banks to discuss the cyber risks Mythos posed. The selling on Friday hit information security groups particularly hard. Cybersecurity group CrowdStrike fell 4 per cent, Palo Alto Networks dropped 7 per cent and cloud monitoring group Datadog declined 3 per cent. Private credit groups that have backed software stocks also fell, with Ares down 4 per cent and Blackstone off 2 per cent. Anthropic this week announced the Claude Mythos Preview had been tested with a select group of customers, including Amazon, Apple, Microsoft, Broadcom, Cisco and CrowdStrike. In the past few weeks, it said the system identified thousands of previously undiscovered vulnerabilities and other security flaws, many of which were critical and have persisted for a decade or more. In one example, it found a 16-year-old flaw in widely used video software, in a line of code that automated testing tools had executed 5mn times without detecting the issue. This is the first model that Anthropic has chosen not to make generally available, the company said, because of the potential risks identified in testing. Claude Mythos surpassed Anthropic's previous leading model, Opus 4.6, in finding vulnerabilities, but it also has new capabilities that could lead to dangerous misuse. The model "was able to significantly, more reliably develop" ways to exploit these vulnerabilities, at a "significantly accelerated timeline" than a human attacker could, Newton Cheng, cyber lead for Anthropic's frontier red team, told the FT. He added the concern with general release was that "adversaries will essentially be able to misuse the model to very rapidly find these bugs and . . . take advantage and exploit those vulnerabilities before maintainers and defenders are able to develop patches and deploy them".
Fuel Protests Spark Chaos and Shortages Across Ireland - News Directory 3
The blockades have targeted ports and a refinery, leading Taoiseach Micheál Martin to state that Ireland was on the verge of turning away oil deliveries and losing its... Fuel-price protests in Ireland have entered their fourth consecutive day as of April 10, 2026, resulting in widespread travel disruption, fuel shortages, and the blockade of critical infrastructure. The unrest, driven by skyrocketing costs of diesel and petrol, has also spread to Norway, where lorry drivers have organized a diesel roar protest in the capital. In Ireland, the demonstrations have been led by hauliers, farmers, and agricultural contractors. These groups have used their vehicles to block motorways and fuel depots, bringing parts of Dublin to a standstill. The protests began on April 7, 2026, with slow-moving convoys choking major streets and blockading depots that supply half of the nation's fuel. The blockades have targeted ports and a refinery, leading Taoiseach Micheál Martin to state that Ireland was on the verge of turning away oil deliveries and losing its supply. The police force, An Garda Síochána, reported that the protests were endangering critical supplies of food, fuel, clean water, and animal feed. The disruption has led to immediate shortages at the consumer level. More than 100 service stations had run dry by April 10, 2026. According to the industry group Fuels for Ireland, cited by national broadcaster RTÉ, that number could increase fivefold by the evening of April 10 if distribution remains blocked. The Irish government has responded by putting the army on standby to assist in removing blockades. Police have warned protesters to disperse or face arrest, though some demonstrators have threatened to continue the disruption for weeks if their demands are not met. The protests were triggered by a sharp increase in fuel costs over recent weeks. The price of diesel rose from approximately €1.70 a litre to €2.17, while petrol increased from about €1.74 to €1.97. These price surges are linked to global instability caused by a war between the United States, Israel, and Iran. This conflict has disrupted oil exports across the Middle East, creating a knock-on effect that has spiked energy costs in Europe. Government leaders have accused the protesters of holding the country to ransom. Despite this rhetoric, the Irish government scheduled meetings on April 10, 2026, with truckers, farmers, and agricultural contractors to address the crisis. It is unconscionable, it's illogical. While protest organizers have indicated a willingness to stand down if the government agrees to engage with them, it remains uncertain whether they will be fully included in the discussions. Some blockades remained in place even as these government meetings were sought. The unrest has extended beyond Ireland's borders. In Norway, the diesel roar protest saw lorry drivers descend on the capital, mirroring the frustrations over fuel pricing seen in the Irish demonstrations.
Anthropic model scare sparks urgent Bessent, Powell warning to bank CEOs
By Todd Gillespie, Katanga Johnson, Hannah Levitt and Sridhar Natarajan | Bloomberg Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk. Bessent and Powell assembled the group at Treasury's headquarters in Washington on Tuesday to make sure banks are aware of possible future risks raised by Anthropic's Mythos and potential similar models, and are taking precautions to defend their systems, according to people familiar with the matter who asked not to be identified citing the private discussions. Many of the executives were in town already for a meeting of the Financial Services Forum, an advocacy group made up of the biggest lenders. A representative for the Treasury didn't immediately respond to a request for comment. A spokesperson for the Fed declined to comment. The previously unreported meeting, arranged on short notice, is another sign that regulators consider the possibility of a new breed of cyberattacks as one of the biggest risks facing the financial industry. All the banks summoned to the meeting are classified as systemically important by top regulators, meaning their stability is a priority for the global financial system. Powell's participation in the meeting signaled that the concern was one of systemic risk, and not tied to the Trump administration's previous clashes with Anthropic, said some of the people. The Fed, with its network of examiners, is also deeply familiar with banking operations. "We're taking every step we can to make sure that everybody is safe from these potential risks, including Anthropic agreeing to hold back the public release of the model until our officials have figured everything out," National Economic Council Director Kevin Hassett said on Fox News Friday in response to a question about the Fed and Treasury's meeting. "There's definitely a sense of urgency." Other regulators are also taking action. The Bank of Canada and the country's major banks and financial firms met Friday to discuss cybersecurity risks raised by Mythos, Bloomberg reported Friday. The Bank of England will meet with top bank and insurance executives to discuss how they're preparing, according to a report from the Telegraph. Anthropic's Mythos is a more powerful system that the AI firm has said is capable of identifying and then exploiting vulnerabilities in every major operating system and web browser when directed by a user to do so. Regulators' caution about the power of the model in hackers' hands echoes Anthropic's own prudence. Anthropic has limited the release of it to just a few major technology and finance firms at first. Those companies, which include Amazon.com Inc. and Apple Inc. as well as JPMorgan Chase & Co., are part of "Project Glasswing," which will work to secure the most important systems before other similar AI models become available.
Anthropic model scare sparks urgent Bessent, Powell warning to bank CEOs
By Todd Gillespie, Katanga Johnson, Hannah Levitt and Sridhar Natarajan | Bloomberg Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk. Bessent and Powell assembled the group at Treasury's headquarters in Washington on Tuesday to make sure banks are aware of possible future risks raised by Anthropic's Mythos and potential similar models, and are taking precautions to defend their systems, according to people familiar with the matter who asked not to be identified citing the private discussions. Many of the executives were in town already for a meeting of the Financial Services Forum, an advocacy group made up of the biggest lenders. A representative for the Treasury didn't immediately respond to a request for comment. A spokesperson for the Fed declined to comment. The previously unreported meeting, arranged on short notice, is another sign that regulators consider the possibility of a new breed of cyberattacks as one of the biggest risks facing the financial industry. All the banks summoned to the meeting are classified as systemically important by top regulators, meaning their stability is a priority for the global financial system. Powell's participation in the meeting signaled that the concern was one of systemic risk, and not tied to the Trump administration's previous clashes with Anthropic, said some of the people. The Fed, with its network of examiners, is also deeply familiar with banking operations. "We're taking every step we can to make sure that everybody is safe from these potential risks, including Anthropic agreeing to hold back the public release of the model until our officials have figured everything out," National Economic Council Director Kevin Hassett said on Fox News Friday in response to a question about the Fed and Treasury's meeting. "There's definitely a sense of urgency." Other regulators are also taking action. The Bank of Canada and the country's major banks and financial firms met Friday to discuss cybersecurity risks raised by Mythos, Bloomberg reported Friday. The Bank of England will meet with top bank and insurance executives to discuss how they're preparing, according to a report from the Telegraph. Anthropic's Mythos is a more powerful system that the AI firm has said is capable of identifying and then exploiting vulnerabilities in every major operating system and web browser when directed by a user to do so. Regulators' caution about the power of the model in hackers' hands echoes Anthropic's own prudence. Anthropic has limited the release of it to just a few major technology and finance firms at first. Those companies, which include Amazon.com Inc. and Apple Inc. as well as JPMorgan Chase & Co., are part of "Project Glasswing," which will work to secure the most important systems before other similar AI models become available.
US Officials Warn Banks Over Risks From Anthropic AI Model
US Treasury Secretary Scott Bessent and Jerome Powell Federal Reserve Chair have warned top bank executives about potential cybersecurity risks linked to a powerful new artificial intelligence model developed by Anthrophic US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting in Washington with major bank CEOs this week, cautioning them about emerging cyber threats posed by Anthropic's newly unveiled Mythos model, according to sources familiar with the matter. Anthropic launched the advanced AI system earlier this week but stopped short of a full public release, citing concerns that it could expose previously unknown vulnerabilities in digital systems. The company has said the model is capable of identifying and exploiting weaknesses across major operating systems and web browsers. Officials said Anthropic has been in active discussions with US government agencies regarding the model's offensive and defensive cyber capabilities. The company also briefed senior government officials and key industry players ahead of the model's rollout. The Treasury-hosted meeting aimed to ensure financial institutions are aware of the risks associated with such advanced AI tools and are strengthening their cybersecurity defenses. Executives from leading banks including Citigroup,Morgan Stanley,Bank of America, Wells Fargo and Goldman Sachs were reported to be in attendance, while Jamie Dimon was unable to join. Anthropic said access to the Mythos model will be restricted to a limited group of around 40 technology firms, including Microsoft and Google as part of efforts to manage potential risks.
Anthropic Claude Mythos Will Break Vulnerability Management
Anthropic's latest AI Model, Claude Mythos, will break the cybersecurity vulnerability management operational models. Mythos is so good at discovering and building viable exploits it is currently being rolled-out in a controlled manner under "Project Glasswing". Those cybersecurity companies who have early access are attesting to the blazing speed and accuracy of the model and have declared the traditional processes the industry uses to manage vulnerabilities in their systems is no longer viable. First, new AI models like Mythos, are incredibly proficient at identifying weaknesses in code that could be leveraged by cyber attackers. Mythos has found over 2000 high-severity vulnerabilities, including in every major operating system and web browser! The second issue is how fast workable exploits can be created to take advantages of discovered vulnerabilities. The latest AI models are highly proficient and quickly figuring out how to leverage weakness and chain them together across multiple vulnerabilities to gain unprecedented access to targeted systems and infrastructures. The speed of discovery and exploitation of vulnerabilities is now well beyond what defenders can address. Currently, the industry must become aware of vulnerabilities through industry announcements, direct notification by researchers, or in rare cases by self-discovery efforts. They must then verify the vulnerability and understand its potential applicability to their environment. It gets rated and based upon that rating; resources will be committed to develop a patch. The patch must be tested and then scheduled for roll-out in a way that it can be withdrawn if something unforeseen occurs. This takes time and may incur downtime for impacted systems. Most organizations have a cadence for addressing different severity vulnerabilities. A patch calendar may bundle fixes to control the disruption and prioritize the most urgent fixes. High risk may be fixed in weeks or a month, medium in several months, and low, perhaps every year if they choose to fix them at all. The goal is simply to fix the vulnerabilities before the attackers could create and deploy an exploit in the wild, which typically took months. No longer. Now, what took months will take minutes with Mythos and other AI models. That breaks the entire vulnerability management system that protects our digital world. For those who read my annual cybersecurity predictions (video version), we can check off prediction number 2, which outlined how AI acceleration would shrink the time-to-patch window dramatically, beyond what is currently possible for cybersecurity teams. First, organizations will cut corners to speed up patch release for the impactful vulnerabilities most likely to be exploited. This will shrink the patch window a little, but not enough, and introduce errors in patches which will have undesired impacts on users. Essentially, the number of 'bad patches' will increase. Secondly, the increased attack velocity will drive software developers to commit much more to using AI tools to proactively detect and resolve vulnerabilities prior to product release. This should have happened long ago, but in the race to market, security vetting often gets deferred to later. The outcome will be slower product release timelines from responsible vendors. The haphazard companies will want to take advantage and continue to push vulnerable code to get into the market faster. But that will eventually have consequences. Third, there will be massive shift for cybersecurity teams to adopt these AI tools to compete with attackers by trying to detect and address vulnerabilities before the hackers. The tools, processes, and operating models will need to be entirely redrawn. The window of exposure will be the metric that must shrink, from months to hours. The latest AI tools will compress the vulnerability lifecycle from discovery to exploitation at a pace that challenges the foundations of today's security operations. Organizations that continue to rely on legacy processes will find themselves operating outside the window of safety. Defenders can no longer rely on traditional disclosure cycles, patch cadences, or reactive security models when intelligent systems can discover and weaponize weaknesses in hours. To survive this new era, organizations must reinvent their processes around AI-driven velocity. The signals are clear; it is time to radically adapt vulnerability management or be victimized. *** This is a Security Bloggers Network syndicated blog from Information Security Strategy authored by Matthew Rosenquist. Read the original post at: https://infosecstrategy.blogspot.com/2026/04/anthropic-claude-mythos-will-break.html
Canadian bank execs, regulators meet to discuss risks raised by Anthropic's new AI model
Canadian bank executives and regulators met on Friday to discuss cybersecurity risks posed by Anthropic's new AI model, along with other financial system issues, according to the Department of Finance. The meeting of the Canadian Financial Sector Resilience Group happened several days after U.S. Treasury Secretary Scott Bessent summoned the chief executives of the largest U.S. banks to discuss potential financial-sector risks posed by the release of the Claude Mythos AI model by Anthropic. The Canadian Financial Sector Resilience Group is chaired by Alexis Corbett, the chief operating officer of the Bank of Canada. It includes members from the Department of Finance, the Office of the Superintendent of Financial Institutions and several other regulators, along with members of Canada's six largest banks and Desjardins. U.S. software stocks fall as Anthropic's new AI model revives disruption fears The meeting was called to discuss issues related to the Mythos model, according to Bank of Canada spokesperson Paul Badertscher. Department of Finance spokesperson John Fragos said the Mythos model was one of several issues discussed at the meeting, and that the meeting was part of regular consultation between regulators and financial system participants.
Mythos and the 3-bank warning: why Anthropic's secret model is now a financial risk
Mythos has moved from a technical curiosity to a policy problem. Anthropic says the secretive Claude Mythos Preview can find security weaknesses better than a human, while U. S. officials have reacted as if that capability could reshape the threat environment for banks and critical infrastructure. The tension is immediate: the same system meant to help defenders may also signal a future in which cyberattacks become faster, more scalable, and harder to contain. That is why the latest discussion around Mythos is not just about artificial intelligence performance, but about the speed at which risk can spread. Why the Mythos warning matters now The urgency comes from the combination of capability and restriction. Anthropic says Mythos is so sensitive that it is not being released to the general public. Instead, access is limited to selected firms working on IT security. The company's stated goal is to help identify vulnerabilities before hostile actors can exploit them. It says the model has already found thousands of high-risk zero-day weaknesses, including in widely used operating systems and browsers. That claim matters because zero-day flaws are, by definition, vulnerabilities that can be exploited before defenders have patched them. If a model can identify them at scale, the balance between defense and offense shifts sharply. The concern is not only that Mythos can find weaknesses, but that it may also help create working exploits for them. Anthropic says the model can do that more often than earlier systems, including by combining multiple weaknesses into a single attack path. What lies beneath the Mythos debate Mythos sits at the center of two competing narratives. One is defensive: a tool for closing security gaps faster than traditional workflows allow. The other is strategic: a capability so powerful that withholding it from the public becomes part of the product itself. Anthropic's own framing suggests it sees the model as potentially dangerous if widely accessible. It has described the consequences for the economy, public safety, and national security as potentially severe if the wrong actors obtained it. That is why the debate extends beyond the model's technical performance. Critics have questioned whether the public messaging around Mythos is partly a marketing strategy. Gary Marcus has publicly cast doubt on Anthropic's self-presentation and warned about the risks. The skepticism does not erase the security concerns; it complicates them. If the model is genuinely as capable as claimed, then the stakes rise. If the claims are exaggerated, then the policy response may still be justified by the possibility that other systems will soon reach similar levels. The larger issue is pace. The model was presented alongside the idea that it should remain limited to security-focused companies, but the underlying technology may not stay contained for long. That is where the policy anxiety deepens. A tool that can find and test weaknesses at speed could change how organizations think about prevention, patching, and risk tolerance. Expert perspectives on the cyber threat shift In the United States, the alarm has reached senior officials. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened the leaders of major banks for an unusually urgent briefing tied to the new model's cyber implications. The move underscores how closely financial authorities are watching the possibility of AI-enabled attacks. The concern is not abstract: the banking system depends on predictable security assumptions, and any tool that accelerates vulnerability discovery raises the cost of staying ahead. Germany's Federal Office for Information Security has also signaled that Mythos could force a broad rethink. Claudia Plattner, president of the office, said her agency expects "upheavals in dealing with vulnerabilities and in the overall vulnerability landscape. " She added that, taken to its logical end, there may eventually be no unknown classic software vulnerabilities left. In her view, that would shift attack vectors and amount to a paradigm change in the cyber threat landscape. She also raised questions about how long such powerful tools will remain available on the open market and what that means for national and European security and sovereignty. Those remarks point to a deeper reality: cyber defense may be moving from a world of patching known flaws to one of anticipating machine-assisted discovery at scale. Mythos is not simply another release; it is a signal that the rules of exposure may be changing. Regional and global implications of Mythos For banks, critical infrastructure operators, and public institutions, the immediate implication is pressure to harden systems faster than before. The security problem is no longer just whether a vulnerability exists, but whether an AI system can find it before the defender does. That raises the value of rapid patch management, segmentation, and continuous testing, even though the context here shows no claim that any single measure is sufficient. The global implication is more troubling. If a model like Mythos becomes broadly available, then the same capabilities that help security teams could also be used by criminals or state-backed actors. That possibility is why officials are treating the matter as both a technical and geopolitical issue. The concern is not limited to one company's model. It is about whether AI systems can compress the timeline between discovery and exploitation so dramatically that the whole vulnerability ecosystem changes. For now, Mythos remains constrained to selected users, and the public only sees the warning signs around it. But if the model is a preview of what comes next, the more difficult question may be how long any company can keep such powerful tools out of wider circulation before they become part of the broader market. Mythos may be a defense instrument today, but what happens when the next version is no longer confined to defenders alone?
