Finance ministers and top bankers raise serious concerns about Mythos AI model

Top bankers are to be given access to the model in advance to test out their systems. The chief executive of Barclays, CS Venkatakrishnan, told the BBC: "It's serious enough that people have to worry. "We have to understand it better, and we have to understand the vulnerabilities that are being exposed and fix them quickly." He added that "this is what the new world is going to be" - referencing a much more connected financial system, with both opportunities and vulnerabilities.While developer Anthropic has said the model has already exposed multiple security vulnerabilities in some critical operating systems, financial systems and web browsers, governments and banks are being offered access in advance of its public release to help protect their own systems.Bank of England governor Andrew Bailey told the BBC the development had to be taken very seriously: "We are having to look very carefully now what this latest AI development could mean for the risk of cyber crime."He added: "The consequence could be that there is a development of AI, of modelling, which makes it easier to detect existing vulnerabilities in sort of core IT systems, and then obviously cyber criminals - the bad actors - could seek to exploit them."The US Treasury confirmed it had raised the issue with its major banks encouraging them to test out their systems, before any public release of Mythos by Anthropic.