Global Banks Scramble After AI Tool Exposes Cyber Weaknesses

Banks and regulators are accelerating cyber defenses after an AI-driven vulnerability discovery tool (Mythos) exposed previously unknown banking-system flaws; the report also covers the Canvas platform data theft (~3.5 TB) with possible extortion, an AI-generated zero-day that bypassed two-factor authentication, Ghostwriter phishing campaigns targeting Ukrainian entities, supply-chain impacts from a TanStack incident affecting OpenAI employee devices, and the takedown of the Crimenetwork criminal marketplace.