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Bank of America hires 1,000 contractors to patch software flaws exposed by Anthropic's Mythos

Bank of America brought in 1,000 external contractors to support 3,000 internal employees in patching software vulnerabilities exposed by Anthropic's Mythos AI model, an effort that reportedly cost hundreds of millions of dollars.

Portrait of Bank of America CEO Brian Moynihan during a CNBC interview with overlaid text about hiring 1,000 contractors.
Image: @CNBC

Bank of America hired 1,000 external contractors to help remediate software vulnerabilities exposed by advanced artificial intelligence models, specifically Anthropic's Mythos. Chief Executive Brian Moynihan disclosed the hiring push to CNBC and told analysts that the bank brought in the outside consultants for what he called "Mythos remediation."[1][4][6]

The contractors were brought on in the second quarter to reinforce 3,000 internal Bank of America staff members addressing flaws across proprietary and third-party vendor software, according to CNBC reporting relayed by Techmeme, Cointelegraph, and TNW.[7][9][10]

The rapid patching campaign resulted in substantial costs. Quartz reported that the bank spent hundreds of millions of dollars in a single quarter to fix the security issues uncovered by Anthropic's AI. Crypto Briefing reported that the rapid hiring highlights the sector's pressing need for enhanced cybersecurity measures and regulatory oversight as AI tools continue to detect system vulnerabilities.[2][3][5][8]

Key facts

  • Bank of America hired 1,000 external contractors to patch software flaws uncovered by Anthropic's Mythos AI model.
  • CEO Brian Moynihan told analysts the bank brought on the external consultants for "Mythos remediation."
  • The contractors were hired in the second quarter to support 3,000 internal staff members.
  • The remediation effort targeted vulnerabilities found in both proprietary and vendor software.
  • Bank of America spent hundreds of millions of dollars on the remediation in a single quarter, according to Quartz.

Sources · 7 sources

  1. BI

    Business Insider@BusinessInsiderPost on X ·

    CEO Brian Moynihan told analysts that BofA had hired 1,000 external consultants for what he called "Mythos remediation." https://t.co/LQuuSHojXA

    Open source
  2. QU

    Quartz@qzPost on X ·

    AI found the bugs. Now Bank of America needs 1,000 humans to fix them. Bank of America hired 1,000 contractors just to patch software flaws uncovered by Anthropic's Mythos AI model — and spent hundreds of millions in a single quarter doi #BankOfAmerica #Anthropic #CyberSecurity https://t.co/xGBezz8QZm

    Open source
  3. QU

    Quartz@qzPost on X ·

    AI Exposed Bank of America's Flaws. It Cost Hundreds of Millions. Bank of America hired 1,000 contractors just to patch software vulnerabilities uncovered by Anthropic's advanced AI model, Mythos. CEO Brian https://t.co/dA04EusO9E #BankOfAmerica #AnthropicMythos #CyberSecurity https://t.co/CGxgmDeZXI

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  4. CN

    CNBC@CNBCPost on X ·

    Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic's Mythos https://t.co/fxXWTtQXf3

    Open source
  5. QU

    Quartz@qzPost on X ·

    AI found the bugs. Now Bank of America needs 1,000 humans to fix them.: Bank of America hired 1,000 contractors just to patch software flaws uncovered by Anthropic's Mythos AI model — and spent hundreds of millions in a single quarter doing… dlvr.​it/TVwJdG #AI #BankOfAmerica https://t.co/6ekOzad0Tb

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  6. CN

    CNBC@CNBCPost on X ·

    Bank of America has hired an army of external contractors to help it patch software vulnerabilities exposed by advanced artificial intelligence models including Anthropic’s Mythos, the bank’s CEO, Brian Moynihan, told CNBC on Wednesday. Read more: https://t.co/qBkuAjo1f9 https://t.co/FRiyD38d6p

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  7. TE

    Techmeme@TechmemePost on X ·

    BofA says it hired 1,000 contractors in Q2 to support 3,000 internal staff in patching proprietary and vendor software flaws exposed by AI models like Mythos (@hugh_son / CNBC) (Visit Techmeme dot com for the link and full context!)

    Open source
  8. CB

    Crypto BriefingArticle ·

    Bank of America hires 1,000 contractors to patch flaws exposed by Anthropic’s Mythos The rapid hiring to address AI-exposed flaws highlights the urgent need for enhanced cybersecurity measures and regulatory oversight in banking. The post Bank of America hires 1,000 contractors to patch flaws exposed by Anthropic’s Mythos appeared first on Crypto Briefing .

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  9. CO

    Cointelegraph@CointelegraphPost on X ·

    🚨 LATEST: Bank of America hired 1,000 contractors to help 3,000 internal staff patch software vulnerabilities exposed by Anthropic’s Mythos. https://t.co/MZkGSpfsXX

    Open source
  10. TN

    TNW@thenextwebPost on X ·

    3,000 staff were on it. 1,000 contractors joined them. Bank of America says AI models like Mythos exposed the flaws. https://t.co/NHnHTpJG9B https://t.co/xHWJngp1EX

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