\u201cWhat were minor vulnerabilities can now be aggregated in a much more insightful way,\u201d he said. \u201cIt\u2019s not just that you can use this to find your own vulnerabilities.\u201d<\/p>\n
Because many organizations use open-source cybersecurity, AI tools like Mythos can \u201cfind vulnerabilities maybe even before suppliers do.\u201d But, he added, \u201cIt doesn\u2019t mean the patch has been created.\u201d The evolution of use may get to a point at which holes in network systems are identified and patched very fast with AI, but that\u2019s the defense. The offense is \u201cjust around the corner,\u201d Greenberg said to give analysts a sense of how Chubb is being thoughtful about the topic.<\/p>\n Thus far, cyberattacks have yet to progress beyond human involvement. \u201cHumans are in the cockpit when they\u2019re using agentics so far,\u201d he said. But are AI cyberattacks coming?<\/p>\n \u201cFrom an underwriter\u2019s point of view, policy conditions and pricing are on our minds,\u201d Greenberg said. Large companies, with capabilities and money to invest in cybersecurity, may be better at cyber hygiene. Small companies aren\u2019t targeted as much but \u201ccreate more systemic concerns.\u201d The sweet spot\u2014the \u201cbiggest meatball\u201d as Greenberg described\u2014are middle-market organizations.<\/p>\n \u201cThey are a target,\u201d he said. \u201cThey have more money, and they\u2019re less capable at hygiene and focus on it less. They have weaker perimeters.\u201d<\/p>\n The Mythos model has yet to be released to the general public. Anthropic has allowed a select few to experiment with Mythos<\/a>, which the company admits posed security risks while simultaneously identifying \u201cthousands\u201d of vulnerabilities.<\/p>\n In a recent brief on the cyber insurance marketplace, Fitch Ratings said<\/a> AI tools can certainly help with vulnerability analysis, but it also \u201clowers barriers for attackers, expands third-party risks, and could materially increase attack volume.\u201d<\/p>\n Greenberg said Chubb was approached by the U.S. government to create a program to support ships\u2019 passage through the Strait of Hormuz \u2013 which has been materially disrupted by the war with Iran.<\/p>\n \u201cThe government wanted to support shipping through the Gulf and open up when they think that the risk environment is such that they can support with military convoys,\u201d he explained. \u201cThat has yet to occur.\u201d<\/p>\n The facility is conditional. Ships will be insured only as part of the convoy run by the U.S., with the government taking 50% of the risk, he said.<\/p>\n![\"\"](\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/02\/chubb_020524_evan_greenberg_520x520-1-150x150.jpg\")
<\/a>Evan G. Greenberg<\/p>\n![\"Chubb-logo\"](\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/02\/1770886037_713_Chubb-logo-300x169.jpg\"){kind=logo}
<\/a>Hormuz Reinsurance Facility<\/p>\n