Bank of Italy talking to AI firms over security risks for banks

Image for article Bank of Italy talking to AI firms over security risks for banks
News Source : Yahoo Entertainment

News Summary

  • The Bank of Italy is in touch with global providers of artificial ‌intelligence technology.
  • The central bank launched in recent days discussions with national authorities, financial players and their IT services providers.
  • Bank supervisors' concerns over the ‌risks linked to the spread of AI technology in the sector have recently focused on Anthropic's Mythos model.
  • Designed to find flaws in computer code to help ‌bolster defences against cyberattacks, Mythos is seen by cybersecurity experts as capable of turbo-charging attacks on banks' technology systems.

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