Regulators delay cyber tests for banks to give time to strengthen systems against AI threat - report
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The Federal Reserve and the Office of the Comptroller of the Currency are delaying cyber tests for major banks to allow them more time to enhance their systems against AI-related cyber threats, particularly from Anthropic's Mythos AI model. This pause aims to help banks understand the technology better and assist regulators in stress-testing defenses. Major banks like JPMorgan Chase, Morgan Stanley, and Goldman Sachs are collaborating with federal intelligence agencies to address potential threats.
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