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ECB Presses Banks on AI Cyber Gaps

Anthropic’s Mythos AI model has uncovered thousands of flaws across major operating systems and web browsers. Last month, the AI firm warned that the fallout for economies, public safety, and national security could be severe.

The findings prompted the ECB to call for a rare, unscheduled Tuesday meeting. The regulator plans to stress that Mythos and similar AI models have exposed zero-day flaws in banking IT systems.

Frank Elderson, vice-chair of the ECB’s supervisory board, said banks must deploy software updates much faster than current practice allows.