U.S. officials reportedly warned major banks about a powerful new artificial intelligence system that could expose critical cybersecurity weaknesses.
The alert came during a closed-door meeting involving top regulators and banking executives in Washington, The New York Times reports, raising concerns about emerging AI-driven threats.
Government Officials Flag Rising AI Risks
Treasury Secretary Scott Bessent addressed leaders from major banks earlier this week. The meeting included executives from Bank of America Corporation (NYSE:BAC), Citigroup, Inc. (NYSE:C), and Wells Fargo & Company (NYSE:WFC).
Federal Reserve Chair Jerome H. Powell also attended the discussion. Officials focused on growing cyber risks tied to advanced artificial intelligence systems.
Authorities warned that new AI models could uncover …
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