Latest cybersecurity reporting from selected sources.

Bank of America, Citi and Goldman Anchor Partner Cohort for OpenAI's GPT-5.4-CyberOpenAI's Trusted Access for Cyber program prioritizes financial institutions to drive adoption of GPT-5.4-Cyber in regulated environments, highlighting a split with Anthropic’s developer-centric, tech-heavy partnerships and raising questions about partnership value and data-sharing models.

Big companies are getting smaller, and their CEOs want everyone to know it. Wells Fargo has cut its workforce by 23% over five years, Bank of America has shed 88,000 employees since 2010, and Verizon's CEO recently boasted that headcount is "going down all the time." What was once a sign of corporate distress has become a badge of honor, with executives celebrating lean operations and AI-driven

Also: Zero-Days Affect Financial Markets, SailPoint IPO Signals Market TrendsIn this week's update, ISMG editors discussed the latest "Modern Bank Heists" report and the evolving threats to financial institutions, fallout from the U.S. Department of Government Efficiency's AI-driven government shake-up, and what SailPoint's IPO signals for the cybersecurity vendor market.