Business Insider·3 min read·medium

Bank of America hired contractors to protect its software from powerful rogue AI agents

Bank of America hired contractors to protect its software from powerful rogue AI agents
✦AI Summary

Bank of America has hired 1,000 contractors to address software vulnerabilities potentially exploitable by advanced AI models like Anthropic's Mythos. This initiative is part of a broader effort to secure the bank's code against autonomous AI agents.

Why it matters

The move signals a growing trend of major financial institutions treating AI-driven cyber threats as a critical operational risk requiring significant capital investment.

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Bank of America hired external contractors to protect its software against powerful AI. Scott Olson/Getty Images The US's second-largest bank is protecting itself against powerful AI models. Bank of America hired 1,000 consultants to shore up cracks in its software that could be exploited. Increasingly capable and rogue AI agents have become a large concern in recent months. Bank of America is shoring up its defenses against powerful AI models. CEO Brian Moynihan told analysts in a Wednesday earnings call that the bank had hired 1,000 extra staff — external consultants — for what he called "Mythos remediation." He expanded on that in an interview with CNBC on Wednesday. He said the development of powerful AI models, such as Anthropic's Mythos , had exposed certain software vulnerabilities within the bank's code, which is used by both internal staff and external vendors.

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