Japan's financial watchdog to meet top banks to discuss Mythos AI model

Japan's financial regulator will meet with major banks on Friday. The discussion will focus on Anthropic's advanced AI model, Mythos. This AI is designed for cybersecurity. Concerns exist about its impact on traditional software security. Other As...

Reuters
Japan's financial watchdog will meet with the country's biggest lenders on Friday to discuss issues related to Anthropic's advanced Mythos artificial intelligence model, Finance Minister Satsuki Katayama said on ‌Wednesday.

The meeting, ⁠set ⁠up by the Financial Services Agency, will bring together top lenders Mitsubishi UFJ Financial Group Inc, Sumitomo Mitsui Financial Group Inc and Mizuho Financial Group Inc.

The Bank of Japan and the Tokyo Stock Exchange ⁠will also ‌join the meeting, Katayama told reporters.


"We will bring together the core members ⁠who bear the greatest responsibility to share assessments of the current situation and exchange views, including issues that have been flagged in various parts of the international financial community," she said.

Designed for defensive cybersecurity tasks, Mythos' vast ‌capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview ⁠had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser."

Some Asian financial regulators said this week they were taking measures to address the risks posed by Mythos..
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