Bessent Warns of Threat of AI-Powered Bank Account Hacks

Treasury Secretary Scott Bessent says American banks are working to safeguard against AI-related cyberthreats. Bessent addressed the issue Sunday (May 3) in an interview with Fox News, coming in the wake of a meeting he and Federal Reserve Chair Jerome Powell held with Wall Street executives on concerns related to Anthropic’s Mythos artificial intelligence model. At the meeting, the officials told banks such as JPMorgan Chase and Bank of America that they should take the Mythos model seriously a