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