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European Central Bank (ECB) supervisors are preparing to issue a formal warning to financial institutions regarding cyber risks associated with Anthropic's new 'Mythos' AI model. In a significant expansion of regulatory scrutiny, the Financial Stability Board (FSB) is now gathering information from its global members to assess the potential risks posed by the model. The FSB aims to share these insights across its network of regulators and central bankers to better understand the threat of autonomous cyber attacks. This global coordination complements ongoing efforts by the Bundesbank and Germany’s BaFin to evaluate digital security protocols. Regulators remain concerned that the model's proficiency could be exploited to automate attacks against critical financial infrastructure. These developments place additional pressure on major lenders to review their compliance and defense strategies ahead of the model's UK release.
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