Fed and Treasury Brief Bank CEOs on Cyber Risks From Anthropic Mythos AI
Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent held a closed‑door meeting this week at the Treasury Department in Washington, D.C., with top U.S. bank CEOs to discuss cybersecurity risks from Anthropic’s latest AI model, Mythos, according to sources cited by CBS News and earlier reporting by Bloomberg. JPMorgan Chase CEO Jamie Dimon was invited but did not attend. The session followed Anthropic’s announcement Tuesday of Project Glasswing, a partnership with Amazon, Apple, Nvidia and others to use Mythos defensively after the system exposed serious vulnerabilities in major operating systems and web browsers. Anthropic has decided not to widely release Mythos, warning that its offensive capabilities could soon proliferate and that the resulting economic, public‑safety and national‑security fallout could be severe if misused. The meeting underscores that U.S. financial regulators now see advanced AI models themselves as a potential systemic cyber threat, building on the Biden administration’s 2023 designation of AI as a possible risk to financial stability and feeding online debate over whether Washington is moving fast enough to regulate high‑end AI in critical infrastructure.
📌 Key Facts
- Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent met this week with major U.S. bank CEOs at Treasury headquarters in Washington, D.C., to discuss AI‑driven cyber risks.
- The meeting focused in part on Anthropic’s new AI model, Mythos, which the company says has already uncovered vulnerabilities in major operating systems and web browsers.
- Anthropic launched Project Glasswing on Tuesday with Amazon, Apple, Nvidia and others to apply Mythos to defensive cybersecurity and has chosen not to widely release the model due to its advanced and potentially dangerous capabilities.
📊 Relevant Data
In 2025, the financial services sector in the United States experienced 739 data compromises, the highest number among all industries for the second consecutive year.
Banks remain most breached sector as attacks hit record — American Banker
Confirmed AI-related breaches reached 16,200 incidents in 2025, representing a 49% increase from the previous year.
AI Cyber Attacks Statistics 2026: How Attacks, Deepfakes & Fraud Are Evolving — SQ Magazine
65% of financial organizations worldwide reported experiencing a ransomware attack in 2024, up from 64% in 2023 and 34% in 2021.
Cybersecurity Statistics 2025: Rising Threats and Industry Insights — Fortinet
Global cybercrime costs are expected to grow by 15% per year, reaching $10.5 trillion USD annually by 2025.
2025 Cybersecurity Almanac: 100 Facts, Figures, Predictions & Statistics — Cybersecurity Ventures
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