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    1. Home
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    3. >ECB to warn bankers about new Anthropic model risks, source says
    Finance

    ECB to Warn Bankers About New Anthropic Model Risks, Source Says

    Published by Global Banking & Finance Review®

    Posted on April 15, 2026

    3 min read

    Last updated: April 15, 2026

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    Tags:FinanceBankingArtificial IntelligencecybersecurityECB

    Quick Summary

    ECB supervisors plan to alert banks of heightened cyber risks from Anthropic’s Mythos AI model during routine supervisory dialogue—reflecting growing concern over its ability to uncover and exploit hidden software vulnerabilities at unprecedented speed.

    ECB to quiz bankers about new Anthropic model risks, source says

    ECB Investigates AI Risks in Banking Sector

    By Francesco Canepa

    ECB's Response to Anthropic's Mythos Model

    FRANKFURT, April 15 (Reuters) - European Central Bank supervisors are set to quiz bankers about the risks posed by Anthropic's new artificial intelligence model that might supercharge cyberattacks, one source familiar with the situation told Reuters on Wednesday.

    Anthropic's Mythos is seen by cybersecurity experts as ​posing significant challenges to the banking industry and its legacy technology systems, raising alarm bells among regulators in Britain and the United States.

    ECB's Information Gathering and Dialogue

    ECB supervisors are gathering information about the model, with a view to asking banks on their watch about their preparedness for this new possible source of risk, said the source who spoke on condition of anonymity because they are not authorised to comment publicly on the matter.

    Unlike in the U.S., this will be done via the ECB's regular dialogue with bank staff and no ad-hoc meeting with top management has been scheduled yet. 

    An ECB spokesperson declined to comment.

    Potential Threats from Mythos Model

    Mythos' capabilities to code at a high level have given it a potentially unprecedented ability to identify cybersecurity vulnerabilities and devise ways to exploit them, experts told Reuters. 

    This is why Anthropic has said the current iteration, Claude Mythos Preview, will not be made generally available.

    Project Glasswing Initiative

    Instead, the company ​announced Project Glasswing, in which it invited major tech companies, cybersecurity vendors and JPMorgan Chase, along with several dozen other organizations, to privately evaluate the model and prepare defences accordingly.

    International Regulatory Responses

    US and UK Government Actions

    TRUMP BACKS AI SAFEGUARDS IN BANKING SYSTEM

    U.S. Treasury Secretary Scott Bessent and Federal Reserve ​Chair Jerome Powell convened an urgent meeting with bank chief executives last week to warn them about the risks, which President Donald Trump acknowledged on Wednesday and backed government safeguards.

    Britain's Technology Secretary Liz Kendall and Security Minister Dan Jarvis sounded a similar warning to businesses on Wednesday, saying Mythos was "substantially more capable at cyber offence" than any model previously tested by the government's AI Security Institute.

    Expert Opinions and Open Letters

    "A new generation of AI models are becoming capable of doing work that previously required rare expertise: finding weaknesses in software, writing the code to exploit them, and doing so at a speed and scale that would have been impossible even a year ago," they said in an open letter to businesses.

    Central Banks' Preparedness

    Bank of England Governor Andrew Bailey ​said this week central banks and financial regulators must quickly understand the implications of the new model.

    The ECB had already listed tech risk as one of its top priorities for 2026-28.

    (Reporting by Francesco Canepa; Additiional reporting by Paul Sandle in London; Editing by Emelia Sithole-Matarise)

    References

    • Nya AI-modellen Mythos hittade 27 år gammal bugg
    • Bessent, Powell warn bank CEOs on risks from Anthropic's Mythos AI
    • Goldman Sachs chief ‘hyper-aware’ of risks from Anthropic’s Mythos AI | Goldman Sachs | The Guardian

    Table of Contents

    • ECB Investigates AI Risks in Banking Sector

    Key Takeaways

    • •Anthropic’s Mythos can autonomously discover thousands of high‑severity software vulnerabilities across legacy systems—raising systemic risk concerns for banks (omni.se)
    • •The model is being released only to select partners under Project Glasswing to shore up defenses, while US and UK regulators have convened urgent briefings on its implications (finance.yahoo.com)

    Frequently Asked Questions about ECB to warn bankers about new Anthropic model risks, source says

    1What risk is the ECB warning bankers about?

    The ECB is warning bankers about risks from Anthropic's new AI model, Mythos, which may supercharge cyberattacks against banking systems.

    2Why is Anthropic's Mythos model a concern for the banking industry?

    Cybersecurity experts believe Mythos presents significant challenges to legacy banking systems, raising concerns among regulators.

    ECB's Response to Anthropic's Mythos Model
  • ECB's Information Gathering and Dialogue
  • Potential Threats from Mythos Model
  • Project Glasswing Initiative
  • International Regulatory Responses
  • US and UK Government Actions
  • Expert Opinions and Open Letters
  • Central Banks' Preparedness
  • •Wall Street leaders such as Goldman Sachs and JPMorgan are testing Mythos and accelerating cybersecurity investments amid increased regulatory scrutiny (theguardian.com)
  • 3How is the ECB addressing the potential risks of Anthropic's AI model?

    The ECB is gathering information and will discuss the risks with banks through regular discussions with bank staff.

    4Have similar warnings been issued by other regulators?

    Yes, regulators in Britain and the United States have also raised concerns about Anthropic's new AI model.

    5Will there be an ad-hoc meeting between the ECB and bank management?

    No ad-hoc meeting is scheduled; discussions will occur via the ECB's routine bank staff dialogues.

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