ECB urges banks to brace quickly for AI-assisted cyberattacks
European Central Bank board member Frank Elderson on Wednesday urged banks in the euro area to quickly prepare for potential cyberattacks launched with the help of Anthropic’s Mythos AI model or similar tools. Elderson, who is Vice Chair of the ECB’s bank supervision arm, said in an interview in the ECB publication Supervision Newsletter that euro area banks currently do not have access to Mythos. “Lack of access is not an excuse for inaction. On the contrary, it makes it even more critical that banks step up and act now,”…
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