Source: International Business Times
US financial regulators have raised fresh concerns about advanced artificial intelligence and its potential impact on banking cybersecurity, holding an urgent meeting with top Wall Street executives to discuss risks linked to a new frontier AI system developed by Anthropic, according to a new report. Concretely, US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened a closed-door session with chief executives of major US banks, warning them to strengthen cyber defenses against emerging AI-driven threats. The meeting, as reported by Bloomberg News, focused on concerns that Anthropic's latest advanced model could significantly lower the barrier for sophisticated cyberattacks, particularly by helping attackers identify vulnerabilities in widely used software systems.
