{"id":40530,"date":"2026-05-13T09:31:22","date_gmt":"2026-05-13T09:31:22","guid":{"rendered":"https:\/\/www.europesays.com\/europe\/40530\/"},"modified":"2026-05-13T09:31:22","modified_gmt":"2026-05-13T09:31:22","slug":"ecb-urges-banks-to-brace-quickly-for-ai-assisted-cyberattacks","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/europe\/40530\/","title":{"rendered":"ECB urges banks to brace quickly for AI-assisted cyberattacks"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">FRANKFURT, May 13 (Reuters) &#8211; European Central Bank board member Frank Elderson on Wednesday urged banks \u200cin the euro area to quickly prepare \u200cfor potential cyberattacks launched with the help of Anthropic&#8217;s Mythos \u200bAI model or similar tools.<\/p>\n<p class=\"yf-1fy9kyt\">Elderson, who is Vice Chair of the ECB&#8217;s bank supervision arm, said in an interview in ECB publication Supervision Newsletter that \u200ceuro area banks \u2060currently do not have access to Mythos.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;Lack of access is not an excuse \u2060for inaction. On the contrary, it makes it even more critical that banks step up and act \u200bnow,&#8221; he \u200bsaid.<\/p>\n<p class=\"yf-1fy9kyt\">Reuters reported this week \u200bthat large U.S. banks, \u200cwhich have been granted early access to Mythos, are rushing to fix scores of data system weaknesses flagged by the tool.<\/p>\n<p class=\"yf-1fy9kyt\">Mythos is viewed by cybersecurity experts as a significant challenge to the banking industry \u200cand its data technology \u200bsystems, prompting a series of \u200bwarnings from regulators \u200band policymakers.<\/p>\n<p class=\"yf-1fy9kyt\">Elderson warned that banks need to \u200cbrace for future AI \u200bmodels that enable \u200beven more aggressive cyberattacks.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;We need to be able to deal with ever more capable future \u200bmodels that \u200ccould be released in relatively quick succession,&#8221; he \u200bsaid.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by Ludwig Burger and Reinhard Becker, \u200bEditing by Linda Pasquini)<\/p>\n","protected":false},"excerpt":{"rendered":"FRANKFURT, May 13 (Reuters) &#8211; European Central Bank board member Frank Elderson on Wednesday urged banks \u200cin the&hellip;\n","protected":false},"author":2,"featured_media":40531,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2388],"tags":[6673,1858,6338],"class_list":{"0":"post-40530","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-european-central-bank","8":"tag-cyberattacks","9":"tag-european-central-bank","10":"tag-frank-elderson"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts\/40530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/comments?post=40530"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts\/40530\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/media\/40531"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/media?parent=40530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/categories?post=40530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/tags?post=40530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}