Anthropic's latest AI model is sparking fears from cybersecurity experts and the banking sector. Here's why.

Anthropic's new AI model, Mythos, has raised concerns among cybersecurity experts and the banking sector due to its ability to identify and exploit software vulnerabilities faster than companies can repair them. Regulators, including the Bank of Canada, are discussing the risks posed by Mythos and the need for stronger cybersecurity protections.
Anthropic has launched Mythos, its most advanced AI model, which has uncovered thousands of major vulnerabilities in major operating systems and web browsers. The model was made available to tech majors and over 40 organizations that build critical software infrastructure through a controlled initiative called Project Glasswing. Experts warn that Mythos's advanced capabilities could accelerate sophisticated cyberattacks, particularly in the banking sector. The Bank of Canada Governor, Tiff Macklem, has said that global financial systems need to address the risks posed by rapid advances in AI models like Mythos. Macklem discussed Mythos with Federal Reserve chair Jerome Powell and emphasized the need for strong cybersecurity protections. Regulators and policymakers are still in early discussions about the implications of Mythos for the global financial system.
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