Bank of America Boosts Cyber Defenses Against Advanced AI Threats
Bank of America is strengthening its security against sophisticated cyber risks from advanced AI systems such as Anthropic's Mythos. To shore up its software security, the bank has brought on 1,000 contractors alongside a dedicated team of 3,000 technology staff. CEO Brian Moynihan said the spending will be substantial in the near term. He described these costs as a temporary necessity rather than an ongoing burden.
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