# U.S. Treasury and Fed Warn Banks on AI Cybersecurity Risks

The U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an emergency meeting in Washington, D.C., with CEOs of major U.S. banks to address significant cybersecurity risks posed by Anthropic's new AI model, Claude Mythos. This AI model has demonstrated the capability to identify thousands of software vulnerabilities across major operating systems and browsers, raising concerns about potential misuse for cyberattacks that could threaten financial stability and national security. Access to Mythos is currently restricted to select authorized companies, including Microsoft, Google, Amazon, and Apple, under government oversight. Concurrently, OpenAI CEO Sam Altman has called for comprehensive policy measures, including new AI regulations, public wealth funds, and robot taxes, to mitigate economic disruption and safety risks associated with advanced AI technologies. These developments underscore the urgent need for government agencies and contractors to prioritize AI-related cybersecurity defenses and policy compliance in financial sector procurements and technology deployments.

- **Why this matters:** Treasury and Federal Reserve leadership are actively engaging financial institutions to strengthen defenses against AI-driven cyber threats, signaling increased regulatory scrutiny and potential procurement of advanced cybersecurity solutions.
- Banks and contractors should evaluate AI risk mitigation technologies and services that address vulnerabilities exposed by AI models like Mythos.
- Policy proposals from OpenAI suggest emerging government interest in economic and regulatory frameworks affecting AI technology adoption, which may influence future procurement requirements.
- Organizations involved in AI development, cybersecurity, and financial technology should consider strategic alignment with government priorities on AI safety and economic impact mitigation.

**Jurisdictions:** federal
**Industries:** Information Technology, Public Safety, Defense & Military
**Topics:** Cybersecurity, Artificial Intelligence, Policy
**Published:** April 10, 2026

### Government Entities
- U.S. Treasury (UST)
- Federal Reserve (Fed)
- United States Government (USG)
- United States Congress (Congress)
- Cybersecurity and Infrastructure Security Agency (CISA)

### Vendors
- Anthropic (AI model developer)
- OpenAI (AI technology developer)
- Microsoft (Authorized Mythos access)
- Google (Authorized Mythos access)
- Amazon (Authorized user of Claude Mythos)

### Key Quotes
> Without thoughtful policies, AI could widen inequality by compounding advantages for those already positioned to capture the upside while communities that begin with fewer resources fall further behind, excluded from new tools, new industries, and new opportunities.
> — Sam Altman, CEO of OpenAI

> Cybersecurity remains one of the most critical risks facing the banking sector, and advancements in AI are likely to intensify these challenges.
> — Jamie Dimon, CEO of JPMorgan Chase

> The Mythos AI model has raised concerns due to its capability to identify and exploit cybersecurity vulnerabilities across all major operating systems and browsers.
> — Jerome Powell

### Sources
- [OpenAI suggests public fund, robot taxes to tackle AI disruption](https://www.newsbytesapp.com/news/business/openai-suggests-public-fund-robot-taxes-to-tackle-ai-disruption/story) - NewsBytes
- [Emergency Meeting in Washington Over AI Cyber Risks to the Banking Sector - إنت عربي | entARABI](https://entarabi.com/en/2026/04/emergency-meeting-in-washington-over-ai-cyber-risks-to-the-banking-sector) - entARABI
- [Scott Bessent, Jerome Powell quietly warn top Wall Street CEOs about cyber risks from Anthropic's new AI model: report](https://www.msn.com/en-us/money/news/scott-bessent-jerome-powell-quietly-warn-top-wall-street-ceos-about-cyber-risks-from-anthropics-new-ai-model-report/ar-AA20zXPH) - MSN