Jamie Dimon, chief government officer of JPMorgan Chase & Co., proper, departs the US Capitol in Washington, DC, US, on Wednesday, Feb. 25, 2026.
Graeme Sloan | Bloomberg | Getty Photos
JPMorgan Chase CEO Jamie Dimon stated Tuesday that whereas synthetic intelligence instruments might finally assist corporations defend themselves from cyberattacks, they’re first making them extra susceptible.
Dimon stated that JPMorgan was testing Anthropic’s newest mannequin — the Mythos preview introduced by the AI agency final week — as a part of its broader effort to reap the advantages of AI whereas defending towards dangerous actors wielding the identical expertise.
“AI’s made it worse, it is made it tougher,” Dimon instructed analysts on the financial institution’s earnings name Tuesday morning. “It does create extra vulnerabilities, and perhaps down the highway, higher methods to strengthen your self too.”
When requested by a reporter about Mythos, Dimon appeared to check with Anthropic’s warning that the mannequin had already discovered 1000’s of vulnerabilities in company software program.
“I believe you learn precisely what’s it,” Dimon stated. “It exhibits much more vulnerabilities should be fastened.”
The remarks reveal how synthetic intelligence, a expertise welcomed by companies as a productiveness boon, has additionally morphed right into a severe risk by giving dangerous actors new methods to hack into expertise methods. Final week, Treasury Secretary Scott Bessent summoned financial institution CEOs to a gathering to debate the dangers posed by Mythos.
JPMorgan, the world’s largest financial institution by market cap, has for years invested closely to remain forward of threats, with devoted groups and fixed coordination with authorities companies, Dimon stated.
“We spend some huge cash. We have prime specialists. We’re in fixed contact with the federal government,” he stated. “It is a full-time job, and we’re doing it on a regular basis.”
‘Assault mode’
Nonetheless, the CEO warned that dangers prolong past any single establishment, given the interconnected nature of the monetary system.
“That does not imply every little thing that banks depend on is that nicely protected,” Dimon stated. “Banks… are hooked up to exchanges and all these different issues that create different layers of threat.”
JPMorgan Chief Monetary Officer Jeremy Barnum stated the trade has lengthy been conscious that AI cuts each methods in cybersecurity.
“These instruments could make it simpler to seek out vulnerabilities, however then additionally probably be deployed by dangerous actors in assault mode,” Barnum stated on the earnings name. Current advances from Anthropic and others have merely intensified an current development, he stated.
Dimon additionally stated that whereas superior AI instruments are necessary, old-school cybersecurity practices stay important.
“Loads of it’s hygiene… how do you defend your knowledge? How do you defend your networks, your routers, your {hardware}, altering your passcode?” he stated. “Doing all these issues proper dramatically reduces the danger.”
Goldman Sachs CEO David Solomon stated Monday throughout an earnings name that his financial institution was testing Mythos, although he declined to remark additional.
