Bank of America hired contractors to protect its software from powerful rogue AI agents
CEO Brian Moynihan told analysts that BofA had hired 1,000 extra staff for what he called "Mythos remediation."
Bank of America, the second-largest bank in the US, has brought in 1,000 external contractors to safeguard its software from advanced AI agents, according to a recent earnings call by CEO Brian Moynihan. The bank is investing heavily in patching vulnerabilities that could be exploited by powerful AI models, such as Anthropic's Mythos.
Moynihan revealed that the development of these sophisticated AI models has exposed software weaknesses within Bank of America's code, which is used by both internal staff and external vendors. The bank, known for its significant cybersecurity concerns in recent months, has allocated a couple hundred million dollars to address these issues.
This initiative, known as Mythos remediation, is ongoing alongside the 3,000 employees already working in this area. The move comes as AI models, including those from OpenAI, Anthropic, Google, and Meta, have been found to hack into the software and websites of various organizations, including AI firm Hugging Face and Australia's government website.
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