00:00We have been hearing about this theoretical threat that AI poses to
00:05cybersecurity, and what Mythos has proven is that that threat is a reality.
00:11And there's a huge concern that these systemically important institutions are
00:15at the highest risk of being attacked.
00:23Some of the top banking CEOs were invited by the top banking regulators,
00:29including the Secretary of the Treasury, Scott Besant, to an urgent meeting in D.C.
00:34about Anthropik and its Mythos AI model.
00:38Mythos is Anthropik's latest AI model that it had planned for general release,
00:43but has decided to take back and limit after discovering that it could be used for quite nefarious purposes.
00:50It has the ability to detect vulnerabilities in basically every web browser,
00:55every computer system that it's so far been tested on.
00:59Largely, it was autonomously able to go and find bugs and exploits,
01:04and come up with a plan on how to take action on them and potentially do some harm.
01:09You're talking potential holes in infrastructure that these banks might have been sitting on
01:13for years or decades and maybe haven't patched up.
01:15That could be finding issues in financial payment services, web browsers, operating systems like on iPhones and Android.
01:25If it's not used correctly, it could essentially lead to some of the greatest cyber risks that humanity's ever faced.
01:34The Treasury Secretary Scott Besant called this meeting and he attended it with Jay Powell, who's the chair of the
01:39Federal Reserve.
01:40And the fact that the two of them were prepared to sit in a room together and talk to the
01:43leading bank CEOs about the same issue
01:46shows that this is more than just about politics.
01:49Anthropik came to the decision not to release this very valuable tool for them.
01:54Rather than letting this out into the world and potentially people using this for malicious intent,
02:00they said, we're going to limit the amount of people who can use it.
02:04The risks don't really stop in the US because we've also had the central banks of Canada, the UK as
02:10well,
02:10not just urging them about the risks that are exposed, but urging them to use the tool as much as
02:15possible.
02:16So one thing that's really unusual about Mythos is that Anthropik has created this Project Glasswing,
02:22which essentially gives its technology in a limited form to some of its competitors.
02:27We know that Apple, Google, Palo Alto Networks, CrowdStrike, the Linux Foundation, Amazon,
02:36are among the 48 or so folks that are part of this Glasswing project.
02:44These are fierce competitors and Anthropik is not only showing them sort of some IP that hasn't been released yet,
02:51but they're allowing their competitors to kind of feed back and potentially criticize some of the work that they did.
02:58We've opened this out to a number of organizations, including Microsoft, AWS, some financial institutions, a very small cohort.
03:07And essentially Mythos has really showed us that there are a lot of very severe vulnerabilities right now.
03:14Banks already spend vast amounts on their technology and that's one of the reasons that companies like Anthropik and OpenAI
03:21want to partner with them already.
03:23And over the past couple of years, the major US banks have upped their spending on tech, partially in an
03:28effort to stay ahead of these future cyber threats.
03:34Anthropik was really keen to point out that it's not an Anthropik problem.
03:39With the speed of the advances in the AI world, similar models with similar capabilities will be available within the
03:47next 12 months.
03:48It's hard to say, but it's highly likely that people with malicious intent would be very interested in creating a
03:54similar model.
03:55It's been a huge wake up call and that's why you're seeing things like Washington and Wall Street quite rightly
04:01concerned about this.
04:18We'll see you next time.
04:18We'll see you next time.
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