Latest cybersecurity reporting from selected sources.

Forrester's Allie Mellen on Preparing for a Mythos-Level Surge in VulnerabilitiesAI is simultaneously the biggest threat to financial system security and the most powerful tool for defending it. The IMF is sounding the alarm on systemic risk. Forrester principal analyst Allie Mellen breaks down what that means for CISOs and security teams at financial institutions.

German Financial Regulator Warns Sector to Step Up DefensesOpenAI is stepping up to do what arch-rival Anthropic still won't. The AI firm will give European authorities and companies access to its new vulnerability-finding AI model, so they can beef up their cybersecurity.

Mythos Found ‘Tens of Thousands’ of Unpatched Flaws With Months to Fix ThemAnthropic CEO Dario Amodei warned that Claude Mythos has found tens of thousands of unpatched software vulnerabilities, with a six-to-12 month window before Chinese AI models catch up. The disclosure came alongside a major financial services push including an investor-backed firm and 10 new AI agents.

Officials Warned New Models Could Accelerate Cyber Risks Faster Than RulesGlobal finance officials meeting in Washington warned that advanced artificial intelligence models could expose structural weaknesses across banking and payment systems, speeding vulnerability discovery and cyber exploitation faster than regulators can build guardrails.

Also: Train Hack Risks Outed by CISA Alert; AI Comprehension Issues Won't Go AwayIn this week's update, four ISMG editors discussed the potential global implications of the Seychelles Commercial Bank data breach; the real-world threat of train hacks following an alert about a critical railway vulnerability; and growing concerns around AI's "comprehension problem."

Over 10K Exploit Attempts Recorded in a Week From a Single Malicious IPHackers are exploiting a vulnerability in ChatGPT's infrastructure to redirect users to malicious websites, with security researchers recording more than 10,000 exploit attempts in a week from a single malicious IP address. The financial sector has borne the brunt of the attacks.