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Banks Warned About Anthropic’s New, Powerful A.I. Technology
In an unusual move, the Treasury secretary and the Federal Reserve chair gathered bank executives to caution about cyberthreats posed by artificial intelligence.
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The stark message was delivered by Treasury Secretary Scott Bessent in a hastily called meeting.
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Eric Lee for The New York Times
By
Rob Copeland
and
Colby Smith
April 10, 2026
Updated
7:53 p.m. ET
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The leaders of some of America’s largest banks were warned by a top government official this week about a new artificial intelligence model from Anthropic that could lead to heightened risks of cyberattacks, according to three people briefed on the matter but not permitted to speak publicly.
The stark message was delivered on Tuesday morning by Treasury Secretary Scott Bessent to a small group of chief executives, including those from Bank of America, Citi and Wells Fargo, in a hastily arranged meeting in Washington, D.C. Mr. Bessent, the people said, cautioned the banks that allowing the new A.I. software to run through their internal computer systems could pose a serious risk to sensitive customer data.
The Federal Reserve chair, Jerome H. Powell, who has spoken publicly in recent weeks about the threat of cyberattacks against the financial system, also attended Tuesday’s meeting with the bank leaders.
The warnings relate to a new intelligence model that Anthropic named
Claude Mythos Preview
. Anthropic has said the model is particularly good at identifying
security vulnerabilities
in software that human developers could not find.
At Tuesday’s meeting, the people briefed on the matter said, the bank executives were told that the new model might be so effective at finding security weaknesses inside banks that hackers or other so-called third-party bad actors could get their hands on the information and exploit it.
Anthropic itself has warned about the risks. The company said this week that the model’s advancements were so powerful and potentially dangerous that they could not safely be released to the public yet and would instead be contained to a coalition of 40 companies that it called “Project Glasswing.”
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