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00:02Canada's federal banking regulator warned major banks and insurers about Anthropics
00:06Claude Mythos and other advanced AI models, according to Reuters.
00:10The regulator said the technology could increase cyber threats and shorten the time available
00:15to detect and address vulnerabilities.
00:18The Office of the Superintendent of Financial Institutions sent the warning to technology,
00:23security and risk executives on April 29.
00:26OSFI later said it takes a technology-neutral approach focused on how financial institutions
00:32manage AI-related risks.
00:33Canadian bank executives discussed Mythos with regulators earlier that month.
00:38Canada's largest banks have expanded their use of AI for chatbots, internal tools and
00:43cybersecurity defenses.
00:45The Canadian Bankers Association said banks have invested heavily in protecting the financial
00:49system and meeting OSFI requirements.
00:52For all things money, visit Benzinga.com.
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