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The Economic Times
The Economic Times
Technology

ECB tells banks to draw up plans against AI attacks amid disruption fears

The European Central Bank on Tuesday gave euro zone ​banks four months to draw ​up plans to counter AI-enabled cyber threats that ​could undermine confidence in the financial system and disrupt payments.

The move reflects mounting concern among regulators about advanced AI models such as Anthropic's Mythos whose cyber capabilities ‌have become ⁠so powerful ⁠that access to some of them has been restricted, a limitation that currently ​excludes euro zone banks.

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