US Treasury takes crypto under its cybersec wing amid Mythos AI threat
The US Government has extended its cybersecurity information-sharing initiative to firms in the crypto industry at a time when Anthropic's Mythos AI model is becoming a serious cybersecurity threat.
By Cybernews.
The US Government has extended its cybersecurity information-sharing initiative to firms in the crypto industry at a time when Anthropic's Mythos AI model is becoming a serious cybersecurity threat.
The US Department of the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) said that this initiative "will provide timely, actionable cybersecurity information to eligible US digital asset firms and industry organizations, helping them better identify, prevent, and respond to cyber threats targeting their customers and networks."
The OCCIP hasn't specified which companies meet the criteria to participate in this initiative and receive the same cybersecurity information that the Treasury regularly shares with traditional US financial institutions at no cost. Interested companies are encouraged to contact the OCCIP for more information.
Meanwhile, in its announcement, the Treasury emphasized that digital asset firms are becoming more important to the broader financial system, while "cybersecurity is foundational to the future of digital finance and essential to responsible innovation."
"Cyber threats targeting digital asset platforms are growing in frequency and sophistication," Cory Wilson, Deputy Assistant Secretary for Cybersecurity, was quoted as saying.
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Indeed, the industry is being aggressively targeted via old and new attack vectors. As reported by Cybernews, the attack on the decentralized exchange Drift, which cost the platform more than $280 million, sent shockwaves through the industry, as many fear that other platforms could be targeted the same way.
Meanwhile, the new AI model, Mythos, being released by Claude developer Anthropic, has become another serious concern across the decentralized finance (DeFi) industry. These platforms are constantly exploited due to vulnerabilities in their code, while Mythos can "find software vulnerabilities better than all but the most skilled humans."
According to Bloomberg, this past Tuesday, Treasury Secretary Scott Bessent and Fed Chair Jerome Powell met with the CEOs of top Wall Street banks, such as Goldman Sachs, Morgan Stanley, Citigroup, Bank of America, and others, and discussed Mythos-related risks.
For now, Mythos is released only to some large financial and tech companies.
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