nitpicker – shutterstock.com
The ECB has called major banks into an emergency meeting to warn of new cybersecurity risks linked to advanced AI models, the Financial Times reports.
Install security updates faster
Frank Elderson, deputy chairman of the ECB’s supervisory board, said banks need to install security updates much more quickly. According to the ECB, new AI tools could identify and exploit security gaps much more quickly than before.
The background is, among other things, the AI model Claude Mythos from Anthropic. According to the company, the model has discovered thousands of serious vulnerabilities in operating systems and web browsers. European banks are considered more at risk as many lack access to Claude Mythos, while some US banks are already testing it as part of Project Glasswing. The ECB hopes that American banks will share their experiences with European competitors. (mb)
