Anthropic's Mythos AI model could expose trading data, warns US financial group
The American Securities Association warns that Anthropic's Mythos AI model could potentially expose sensitive trading data stored in the Consolidated Audit Trail (CAT) system. The group is pushing for immediate safeguards to mitigate potential risks.
The American Securities Association (ASA) has raised concerns that Anthropic's Mythos AI model could be used to misuse the Consolidated Audit Trail (CAT), a database that tracks US market activity. The CAT, overseen by the US Securities and Exchange Commission, contains sensitive trading data. The ASA warns that AI tools like Mythos could enable malicious actors to access and analyze this data, potentially leading to large-scale identity theft and insider risks. The group is calling for immediate safeguards, including a halt on collecting personal data from retail investors. The issue has caught the attention of top policymakers, with the SEC inviting public feedback on potential changes to the CAT system. The ASA's concerns highlight the need for regulators to balance market transparency with data security in the age of AI.
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