Bessent and Powell warned bank CEOs about Anthropic model risks: Report
Anthropic limited Mythos access to about 40 companies as officials pressed lenders to prepare for possible cyber vulnerabilities.
- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned major bank CEOs to the Treasury Department on Tuesday to ensure they are aware of cybersecurity risks linked to Anthropic's Mythos model.
- Anthropic warned that the model can identify and exploit software vulnerabilities, finding thousands of high-severity flaws across "every major operating system and every major web browser."
- The CEOs of Citigroup, Morgan Stanley, Wells Fargo, and Goldman Sachs attended the meeting, though JPMorgan CEO Jamie Dimon was unable to join.
- Anthropic restricted Mythos access to about 40 technology companies including Microsoft and Google through "Project Glasswing," announced on Wednesday to prevent broad vulnerability exposure.
- The private credit industry expects these cybersecurity concerns may reduce scrutiny of their performance during quarterly conference calls when earnings season kicks off next week.
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Scott Bessent, Jerome Powell Quietly Warn Top Wall Street CEOs About Cyber Risks From Anthropic's New AI
Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly held an urgent meeting with the CEOs of the country’s biggest banks this week to warn them about cybersecurity risks posed by Anthropic‘s newly launched AI model. The meeting took place on Tuesday at the Treasury Department in Washington, according to a Bloomberg report published Thursday. Who Was In The Room? The CEOs of Citigroup (NYSE:C), Morgan Stanley (NYSE:…
U.S. Secretary of Treasury Scott Bessent, and President of the Federal Reserve, Jerome Powell, held this week an emergency meeting with bank executive directors to warn them about the cybernetic risks generated by the latest Anthropic Artificial Interligent (IA) model, said to two sources familiar with the situation. Anthropic ...
U.S. Treasury Secretary Scott Bessent this week convened the heads of major U.S. banks to an emergency meeting to discuss the risks associated with the release of Anthropic's new artificial intelligence model, writing Financial Times with reference to several sources.
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