The Swiss financial sector is aware of the potential threat posed by the latest artificial intelligence (AI) frontier models, such as Anthropic’s Mythos. But the authorities are unwilling to announce red alert until more is known about the technology. Mythos is deemed so powerful that it has been held back from general release by United States AI company Anthropic. The model is reportedly capable of swiftly spotting previously undiscovered IT bugs. This presents a double-edged sword. The technology could help strengthen cyber defences by highlighting weaknesses. But it also raises fears that it could be used to unleash a wave of cyberattacks on critical infrastructure, such as financial systems. + Cyberwar attacks heart of European infrastructure “From today’s perspective, the uncontrolled and immediate availability of AI models like Mythos would be classified as a systemic risk,” the Swiss Financial Market Supervisory Authority (FINMA) told Swissinfo.ch. “In such a scenario …