Bank of America had to bring in 1,000 contractors to patch all the bugs Mythos identified

Bank of America recruited an additional 1,000 contractors to help patch all the vulnerabilities discovered by Anthropic’s Mythos model, the CEO said on Wednesday. Brian Moynihan, chairman and CEO at BoA, said during the company’s Q3 earnings call that it spent “a couple of hundred million plus” in remediation costs related to Mythos, and the anti-money laundering (AML) orders issued this week. These costs are expected to decline over time, though, with the contractors in place to help ease the initial burden of patching a large number of flaws, an issue that shouldn’t be so pronounced in the longer term. He went on to tell CNBC that the bank brought in outside help after concerns grew over how it would quickly tackle all the work associated with Mythos’ discoveries. The same concerns were shared globally, in part due to how Anthropic marketed Mythos as an all-powerful model that threatened the status quo of cybersecurity. …