New York regulator calls for additional cyber mitigation amid heightened threat environment

The New York State Department of Financial Services (DFS) sent a letter on Thursday urging regulated entities and people to take additional steps in light of what it calls a heightened threat environment, referencing the geopolitical landscape and the development of frontier AI models. 

DFS called on regulated entities, including banks and other financial services firms that do business in New York, to consider taking additional steps to protect their environments. 

The letter comes weeks after a preview of Anthropic’s Mythos AI tool raised significant concerns in the banking industry about the model’s unprecedented ability to uncover security vulnerabilities.

Read more at Cybersecurity Dive