By Tom Sims, Saeed Azhar, Tatiana Bautzer and Jesus Aguado
THE emergence of Anthropic’s Mythos is setting up a scramble from the banking industry to gain access and test the technology as regulators rush to examine the cybersecurity risks the new AI model raises and how prepared financial firms are to tackle them.
Mythos is viewed by cybersecurity experts as posing significant challenges to the banking industry and its legacy technology systems, prompting a series of warnings from regulators and policymakers gathered at last week’s International Monetary Fund spring meeting in Washington. A string of U.S. banks have so far been given access to Mythos – while the rest of the industry tries to catch up.
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