UK regulators assess Anthropic AI model risks

In Short:
– UK financial regulators are assessing risks from Anthropic’s AI model in collaboration with key institutions.
– Major banks will be briefed on cyber security risks associated with the Claude Mythos Preview model within two weeks.

British financial regulators are urgently assessing the risks associated with the latest artificial intelligence model from Anthropic, according to the Financial Times.Officials from the Bank of England, Financial Conduct Authority, and the UK Treasury are collaborating with the National Cyber Security Centre to examine potential vulnerabilities in critical IT systems raised by the AI model.

AI model risks

Representatives from major British banks, insurers, and exchanges are expected to receive briefings on the cyber security risks from the Claude Mythos Preview model at a meeting with regulators within two weeks.

Additionally, it was reported that U.S. Treasury Secretary Scott Bessent convened a meeting with major Wall Street banks to discuss the model’s potential cyber risks.

AI startup Anthropic stated that the model is part of “Project Glasswing,” which allows select organizations to use the unreleased Claude Mythos Preview model for defensive cyber security.

In a recent blog post, Anthropic mentioned that the model has already identified thousands of significant vulnerabilities across various operating systems, web browsers, and widely-used software.