The meeting was convened to address potential risks to the financial system from Anthropic's Mythos, with regulators worried that once the tool becomes widely available, it could enable faster, more scalable cyber attacks targeting critical infrastructure, including banks. The main concern is the model's ability to actively exploit software weaknesses, shifting the balance between cyber attackers and defenders. All banks in attendance are classified as systemically important by regulators, with the chief executives of Citigroup, Morgan Stanley, Bank of America, Wells Fargo, and Goldman Sachs present.
JP Morgan's Jamie Dimon was unable to attend the meeting. US authorities sought a coordinated response from systemically important lenders to mitigate risks before they escalate. Anthropic said the system can find vulnerabilities across every major operating system and web browser, and the company has identified thousands of previously unknown vulnerabilities using the model, including some dating back decades.
The rising tide lifts all boats, everyone was making a lot of money... my own view is people are getting a little comfortable that this is real.
Anthropic said AI systems are now outperforming all but the most skilled humans at finding and exploiting software flaws, and the company warned that the potential fallout for economies and national security could be severe. Officials urged banks to strengthen their cyber defences in response to emerging risks linked to Claude Mythos. Anthropic limited access to the model to a handful of tech firms as part of a controlled rollout called Project Glasswing, which involves companies such as Apple, Microsoft, and Amazon, aiming to use the tech defensively to shore up critical systems.
Jamie Dimon has been one of the loudest sceptics of the AI boom on Wall Street. According to City AM, Jamie Dimon described a climate where the rising tide lifts all boats, with everyone making a lot of money, but expressed his view that people are getting a little comfortable that this is real.