Bessent and Powell Warn Bank CEOs About Anthropic Mythos Model Cyber Risks
The Australian Financial Review
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Details
- Date Published
- 10 Apr 2026
- Priority Score
- 5
- Australian
- Yes
- Created
- 11 Apr 2026, 02:00 am
Description
Wall Street leaders were summoned to an urgent meeting on concerns that the latest AI model from Anthropic, Mythos, will usher in an era of greater cyber risk.
Summary
U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with Wall Street leaders to address systemic vulnerabilities introduced by Anthropic's 'Mythos' model. The high-level briefing highlights government concerns that advanced frontier AI capabilities are significantly lowering the barrier for sophisticated cyberattacks against critical financial infrastructure. This intervention signals a shift toward proactive AI governance where catastrophic financial stability risks are treated as urgent matters of national security and regulatory oversight.
Body
TechnologyAIPrint articleTodd Gillespie, Katanga Johnson, Hannah Levitt and Sridhar NatarajanApr 10, 2026 – 1.19pmUS Treasury Secretary Scott Bessent and Federal Reserve chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic, Mythos, will usher in an era of greater cyber risk.Bessent and Powell assembled the group at Treasury’s headquarters in Washington on Tuesday (Wednesday AEST) to ensure banks are aware of potential future risks raised by Mythos and similar models, and are taking precautions to defend their systems, according to people familiar with the matter who asked not to be identified.Loading...Bloomberg WealthSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginFollow the topics, people and companies that matter to you.Find out moreRead MoreAIJerome PowellAnthropicCyber protectionSoftwareCybersecurityAFR WeekendFetching latest articles