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Why Fed and Treasury leaders Powell, Bessent just rushed into a critical cyber-risk meeting

CryptoSlate
Treasury and Federal Reserve leaders convened an emergency meeting with bank CEOs to address systemic cyber risks posed by the AI model Mythos.

Summary

Treasury Secretary Scott Bessent and Fed Chair Jerome Powell held an urgent meeting with major bank CEOs to address systemic cyber risks stemming from Anthropic's new AI model, Mythos. The model is capable of identifying thousands of unpatched high-severity vulnerabilities across major operating systems and web browsers. Despite the government distancing itself from Anthropic as a vendor due to security concerns, officials are working to ensure financial institutions prepare for the potential of accelerated, AI-driven cyberattacks. This meeting signals a transition from theoretical policy discussions to active operational defense against systemic vulnerabilities.

(Source:CryptoSlate)