Banks in US Are Working to Gird Against AI Attacks, Bessent Says

Treasury Secretary Scott Bessent said US financial and technology companies are “working on their resiliency” against artificial intelligence threats, including concerns that AI could be deployed to hack into bank accounts.

“We’re going to make sure that things stay safe,” Bessent said on Fox News’ Sunday Morning Futures.

Bessent and Federal Reserve Chair Jerome Powell held short-notice talks with Wall Street leaders in Washington in April to discuss concerns that Anthropic PBC’s latest artificial intelligence model will set off an era of greater cyber risk.

Read More: Bessent Urgently Summons Bank CEOs Over Anthropic’s New AI

“What we’ve ...