EU evaluates Anthropic's Mythos as both banking defense and threat

The European Commission is in contact with Anthropic regarding Mythos and is assessing its possible implications, European Economic Commissioner Valdis ​Dombrovskis told reporters on Monday.

"The commission representatives met with Anthropic and were briefed on technical details around cyber capabilities and the risk of this Mythos preview, so we are currently assessing possible implications in light of the EU policies and legislation," Dombrovskis said.

Cybersecurity experts believe that Mythos, a model designed to find flaws in computer code, may turbo-charge attacks on banks' technology systems. So far, it has not been made available to any European banks.

Regulators and financial institutions have already raised the alarm about Mythos’ potential to destabilize banking systems. For instance, Germany’s Bundesbank and financial watchdog BaFin have reviewed the cybersecurity risks and potential legal system vulnerabilities associated with using the AI model.

Australia and South Korean regulators have also been among those warning that Mythos could exploit financial vulnerabilities and even crash critical infrastructure.

The US Treasury and European Central Bank have raised the issue with major banks, as well. Anthropic has not granted the US cybersecurity agency CISA access to the model, despite repeated requests.

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