BaFin echoes US warnings on Claude Mythos AI risks to banks

Germany's financial regulator BaFin has warned banks about risks from Anthropic's Claude Mythos AI model, following US Treasury alerts. The model autonomously detects IT vulnerabilities at scale, potentially accelerating cyberattacks. US banks are testing it amid restrictions.

Frankfurt. In the latest development surrounding Anthropic's Claude Mythos—announced April 7 as a powerful AI surpassing humans in coding and vulnerability detection—Germany's BaFin has urged banks to prepare for heightened IT risks.

BaFin is scrutinizing the model's ability to independently identify security flaws on a large scale, warning that attackers could exploit them faster. This echoes US Treasury Secretary Scott Bessent's recent meeting with top bank executives, highlighting AI-driven cyber threats, while Mythos access is limited via Project Glasswing.

Financial institutions must strengthen defenses proactively. US banks are already testing the model under controlled conditions. BaFin emphasizes vigilance against similar AI threats.

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