Treasury Secretary and Fed Chair Summon Banking Executives Over AI Security Concerns

Urgent Meeting on AI Security 🚨

Bloomberg reports that US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell called Wall Street leaders and banking executives to an urgent meeting on Tuesday to address security concerns surrounding Anthropic’s Mythos AI model and similar models capable of rapidly identifying and exploiting vulnerabilities. Powell’s presence at the meeting indicates that the concern is apolitical and not tied to the Trump administration’s recent clashes with Anthropic. This meeting signals that regulators consider AI-driven vulnerability exploitation to be a major risk to the financial industry.

Project Glasswing Initiative 🌐

Anthropic announced earlier this week that it would not be releasing Claude Mythos to the public. Instead, it will grant access to a consortium of more than forty organizations, including Amazon, Microsoft, Google, Apple, the Linux Foundation, and several security vendors, to support controlled defensive testing. This initiative, dubbed “Project Glasswing,” will focus on tasks like local vulnerability detection, black box testing of binaries, securing endpoints, and penetration testing of systems that represent a very large portion of the world’s shared cyberattack surface. Anthropic claims that Mythos has discovered thousands of zero-day vulnerabilities over the past few weeks, though these findings are only partly externally verified.

Expert Opinions 💬

TechCrunch cites experts who say Mythos likely isn’t as groundbreaking or as dangerous as much of the coverage suggests. However, the publication concedes that a careful rollout of the technology is a responsible way forward.

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