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The Bank of Canada and the country’s major banks and financial firms met Friday to discuss cybersecurity risks raised by Anthropic PBC’s latest artificial intelligence model.
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The gathering followed a similar move by United States policymakers earlier in the week. Bloomberg News reported Thursday that U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders for an urgent discussion about Anthropic’s Mythos and similar AI models. The executives included Citigroup Inc.’s Jane Fraser and Goldman Sachs Group Inc.’s David Solomon.
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The Canadian meeting involved members of a body known as the Canadian Financial Sector Resiliency Group. It includes representatives from the six largest domestic banks, the federal Finance department, financial regulatory agencies, the parent company of the Toronto Stock Exchange and other firms.
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It’s another signal of the growing concern among regulators globally that more powerful AI models will lead to a new breed of cyber attacks against the financial industry.
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A spokesperson for Finance Minister François-Philippe Champagne confirmed the meeting took place on Friday.
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“The Bank of Canada is aware of this issue. We take cybersecurity very seriously,” Paul Badertscher, a spokesperson for the central bank, said by email.
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The CFSRG’s mandate is to “enhance the operational resilience of Canada’s critical financial sector.”
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—With assistance from Christine Dobby, Katherine Chiglinsky and Melissa Shin.
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