European Central Bank to Urge Banks to Accelerate Cybersecurity Upgrades
The European Central Bank will press lenders to speed up IT security work after testing showed new risks from advanced AI models. The move follows an internal meeting that examined threats posed by systems such as Anthropic’s Claude Mythos Preview.
pymnts.comThe European Central Bank plans to press lenders to accelerate efforts to secure their IT systems after organizing a meeting on cybersecurity risks with the latest artificial intelligence models. The Financial Times reported that the central bank is set to urge banks to speed up cybersecurity upgrades following the session.
The meeting focused on how current AI models could expose new vulnerabilities in banking IT systems. Officials reviewed specific risks tied to models including Anthropic’s Claude Mythos Preview.
The European Central Bank will issue recommendations to lenders on tightening defenses. The guidance is expected to stress faster implementation of existing security measures. No timeline for the formal communication was disclosed in the reports.
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Banks will receive new ECB recommendations on IT security timelines.
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