Bailey: British Banks Remain Without Access to Anthropic's Mythos AI Tool

Bank of England Governor Andrew Bailey highlighted the problem — British financial institutions remain without access to Anthropic's powerful Mythos AI tool, while simultaneously calling for global cooperation in the field of cybersecurity.

The Challenge of Accessing Advanced Tools

Mythos is a new Anthropic tool for analyzing and defending against cyber threats. Bailey called it powerful and useful for banks, but British financial institutions have not yet received access to it. This creates asymmetry in technological capabilities between countries and weakens defense against cyber threats. Financial institutions in other countries can use advanced AI tools of the new generation, while British banks remain behind.

Cybersecurity Challenge in the Financial Sector

Banks face increasingly complex cyber attacks daily. Advanced AI tools of the new generation help identify anomalies, predict potential attack vectors, and protect critical financial infrastructure. The lack of access to such tools weakens defense and increases systemic risk:

• Early detection of anomalies in data traffic
• Real-time analysis of attack patterns
• Prediction of potential attack vectors
• Rapid response to new threats

Call for International Coordination

Bailey proposed a multinational approach — countries and regulators should coordinate access to advanced AI tools for protection against cyber threats. This assumes agreements between the US, UK, and other developed countries, so that critical security technologies do not become instruments of competitive advantage.

'We cannot allow technological barriers to weaken global financial security,'

Bailey emphasized.

What This Means

Access to advanced AI tools is becoming a matter of national security. The UK is attempting to position itself as a 'smart intermediary' between the US and EU, but currently remains at a disadvantage in accessing critical technologies. This could push regulators into negotiations with Anthropic and other AI companies about access for European financial institutions to next-generation cybersecurity tools.