Bank of Italy engages AI firms and regulators over financial sector security risks
By
CNA
Solid neighbourhood-bakery energy. Trustworthy and warm.
Summary
The Bank of Italy is proactively engaging with global AI providers and national authorities to address security risks associated with the deployment of new AI models in the financial sector. Governor Fabio Panetta announced these discussions in his annual keynote speech, highlighting that bank supervisors are particularly concerned about risks linked to Anthropic's Mythos model. The central bank has initiated talks with financial players and IT service providers to assess and mitigate potential threats.
Key quotes
· 3 pulledThe Bank of Italy is in touch with global providers of artificial intelligence technology ahead of the release of new AI models to the financial sector
The central bank launched in recent days discussions with national authorities, financial players and their IT services providers on the subject
Bank supervisors' concerns over the risks linked to the spread of AI technology in the sector have recently focused on Anthropic's Mythos model
You might also wanna read
US Treasury Summons Bank CEOs Over Cybersecurity Risks from Anthropic's AI Model
The US Treasury Secretary summoned major American bank CEOs to a meeting in Washington due to concerns about cybersecurity risks posed by An
theguardian.com·1mo ago
Anthropic CEO Dario Amodei on AI Deployment for National Security and Defense
Anthropic CEO Dario Amodei discusses the company's proactive deployment of AI models for national security purposes, emphasizing the existen
anthropic.com·3mo ago
Wall Street Banks Hedge AI Investments with Derivatives Amid Bubble Concerns
Wall Street banks are lending massive amounts to AI companies building infrastructure while simultaneously using sophisticated financial ins
Researchers Warn of Poor Security Practices in AI Development
The article discusses the alarming lack of robust security practices in the development and deployment of artificial intelligence (AI), as h
scworld.com·9mo ago
AI Safety Researchers at Anthropic Work to Prevent Potential Societal Harms from Advanced AI Systems
The article focuses on Deep Ganguli, a research director at Stanford Institute for Human-Centered AI, who became concerned about the rapid a
The Verge·6mo ago
Major Tech Companies Launch Project Glasswing to Secure Critical Software Against AI Cybersecurity Threats
Project Glasswing is a new cybersecurity initiative announced by Amazon Web Services, Anthropic, Apple, Broadcom, Cisco, CrowdStrike, Google
anthropic.com·1mo ago