Investing.com -- Bank of England Governor Andrew Bailey said Friday that British banks remain unable to access Anthropic PBC’s new AI tool, despite an earlier announcement promising early access to the technology.
Speaking in an interview with Bloomberg Television on the sidelines of a conference in Reykjavík, Iceland, Bailey said that "given our concerns about the risks involved in this it is really important there is access." He added that banks are using other models to test their cyberdefenses.
Anthropic announced in April it would give UK banks early access to its AI tool to help them strengthen their cybersecurity systems ahead of its wider release. Mythos, Anthropic’s latest model, can automatically discover new software bugs that were previously unknown, which could leave companies vulnerable to serious attacks.
Bailey said the so-called Glasswing phase two has been in the works for about six weeks but has not yet been implemented. "I think this has been somewhat caught up in the process with the US administration," Bailey said during the interview with Bloomberg’s Stephanie Flanders.
Bailey urged countries to work together internationally to address cyber threats. "What I would say is that the spillovers from this sort of some cyber risk are so big that we can’t just have a single sort of national approach towards dealing with the consequences and mitigating it," Bailey said. "There’s got to be an international approach to this."
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