The emergence of new generation artificial intelligence models is putting the banking industry in front of unprecedented security challenges.
Among them, Mythos technology developed by Anthropic is considered one of the most notable threats today.
Speaking on the sidelines of the International Monetary Fund Spring Conference (held from April 13 to 18, 2026 in Washington DC (USA), CEO of multinational financial and banking service group Barclays - Mr. C.S. Venkatakrishnan warned that Mythos could pose serious risks to the global banking system.
According to Mr. Venkatakrishnan, the superior programming capabilities of this model allow it to detect security vulnerabilities and propose exploitation methods with unprecedented speed and accuracy.
This raises concerns that AI tools may be exploited to carry out sophisticated cyberattacks, threatening the stability of financial institutions.
Faced with that situation, many management agencies quickly got involved, re-evaluated the level of risk and sought appropriate defense solutions.
Not stopping at Mythos, Venkatakrishnan said that this is just the beginning. Subsequent versions with stronger capabilities could completely appear in a short time, creating great pressure on the current defense system.
This is a serious problem, but what is more worrying is that there will be Mythos 2, Mythos 3 with alarming development speeds," Mr. Venkatakrishnan emphasized.
According to experts, the rapid development of AI can promote a race in cyberspace, when both attack and defense sides take advantage of technology to improve capabilities.
In that context, banks are forced to accelerate technological innovation, especially large organizations operating on old systems that are vulnerable.
The challenge is not only to upgrade infrastructure, but also to understand the capabilities of AI to build effective defense strategies.
As technology advances further, proactive adaptation will be a decisive factor in helping the financial industry maintain safety and stability.
