The ECB is convening banks to fix the cybersecurity flaws that AI models like Mythos keep finding

https://media.thenextweb.com/2026/05/ecb-banks-cybersecurity-ai-mythos-elderson.avif

TL;DR

The ECB is convening banks on Tuesday to address cybersecurity risks from AI models like Anthropic’s Mythos, which has found thousands of zero-day vulnerabilities. Executive board member Frank Elderson says banks must patch faster because AI can exploit flaws within minutes of a fix’s release.

The European Central Bank is calling banks in for a meeting on Tuesday to address the cybersecurity risks created by a new generation of AI models that can find and exploit software vulnerabilities faster than any human team. The meeting follows months of growing anxiety across European finance about Anthropic’s Claude Mythos Preview, the frontier AI model that has identified thousands of zero-day flaws across major operating systems and browsers.

ECB Executive Board member Frank Elderson told the Financial Times that banks need to accelerate work that has been under way for years. “There is a whole range of issues on cyber...

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