From Startup Fortune · · 1m 50s
Bank of America Hires 1,000 Contractors to Fix AI-Found Bugs
Bank of America hired 1,000 contractors to fix software bugs discovered by AI security tool Mythos.
In brief
Bank of America hired 1,000 contractors to fix software bugs discovered by AI security tool Mythos. Bank of America hired 1,000 contractors to fix thousands of software vulnerabilities found by Anthropic's AI security tool Mythos. Originally reported by Startup Fortune.
AI Tool Finds Thousands of Bugs
An AI model built to hunt software vulnerabilities found so many at Bank of America that fixing them became its own staffing problem.
“An AI model built to hunt software vulnerabilities found so many at Bank of America that fixing them became its own staffing problem”
Bank Hires 1000 Contractors
Bank of America brought on 1000 contractors this year just to triage and fix the volume of software flaws that Anthropic's Claude Mythos uncovered.
“Bank of America brought on 1000 contractors this year just to triage and fix the volume of software flaws that Anthropic's Claude Mythos uncovered”
Security Team Expands
Those contractors now work alongside the bank's existing 3000-person security team, a scale of remediation work that didn't exist before the bank started pointing an AI agent at its own code.
“Those contractors now work alongside the bank's existing 3000-person security team, a scale of remediation work that didn't exist before the bank started pointing an AI agent at its own code”
CEO on Workload Shift
CEO Brian Moynihan said the amount of work and pace of vulnerability fixes would increase significantly with AI tools.
“It is a big change in the amount of work that will have to go on and the pace at which these tools will affect vulnerabilities in your systems”
Mythos Finds 27-Year-Old Flaw
Mythos discovered a 27-year-old OpenBSD flaw that had sat undetected for 27 years and a bug in FFmpeg that survived five million automated tests.
“a flaw in OpenBSD that had sat undetected for 27 years and a bug in the video library FFmpeg that had survived five million passes of automated testing without being caught”
ECB Pushes for AI Cyber Risk
The ECB wants euro area banks to treat AI cyber risk as urgent after warnings around Anthropic's Claude Mythos Preview.
“The ECB is pushing euro area banks to prepare for AI-assisted cyberattacks after warnings around Anthropic's Claude Mythos Preview”
Banks Convene for Discussion
US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened chief executives from systemically important banks to discuss AI cyber risks.
“US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened chief executives from systemically important banks, including Goldman Sachs, Citigroup, Morgan Stanley and Wells Fargo alongside Bank of America”
Mythos Access Limited
Anthropic has since limited broader distribution of Mythos after a partial code leak and a reported case of unauthorized access through a third-party vendor.
“Anthropic has since limited broader distribution of Mythos after a partial code leak and a reported case of unauthorized access through a third-party vendor”
Fixing Takes Days Now
Remediation windows that used to run for weeks reportedly shrank to days once banks saw how fast new findings piled up.
“Remediation windows that used to run for weeks reportedly shrank to days once banks saw how fast new findings piled up”
The bottom line
Bank of America hired 1,000 contractors to fix thousands of software vulnerabilities found by Anthropic's AI security tool Mythos.
