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Anthropic to Give UK Banks Access to Mythos AI Model

Anthropic is letting selected banks test Mythos early after the model exposed thousands of cybersecurity vulnerabilities, company officials said.

  • On Friday, Barclays Chief Executive Venkatakrishnan warned that the new AI model Claude Mythos poses a serious threat to global banking security, prompting regulators and banks to scramble for advance reviews.
  • The model possesses advanced coding capabilities that have already exposed security vulnerabilities in major operating systems, browsers, and critical financial infrastructure, raising alarms among regulators.
  • At the International Monetary Fund meeting in Washington, Phillipe Francois Champagne told the BBC the model is an "unknown, unknown" warranting urgent attention from global finance ministers.
  • The Treasury confirmed it has encouraged major banks to test their systems against the model before Anthropic releases it, ensuring financial resiliency through advance preparation.
  • Venkatakrishnan warned that future versions will arrive with "distressing frequency," forcing lenders to innovate rapidly within an accelerating cybersecurity arms race that will reshape the financial sector.
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CNBC-TV18 broke the news on Sunday, April 12, 2026.
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