Jamie Dimon, chief govt officer of JPMorgan Chase & Co., proper, departs the US Capitol in Washington, DC, US, on Wednesday, Feb. 25, 2026.
Graeme Sloan | Bloomberg | Getty Photographs
JPMorgan Chase CEO Jamie Dimon stated Tuesday that whereas synthetic intelligence instruments may ultimately 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 unhealthy actors wielding the identical expertise.
“AI’s made it worse, it is made it more durable,” Dimon informed 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 seek advice from Anthropic’s warning that the mannequin had already discovered 1000’s of vulnerabilities in company software program.
“I feel you learn precisely what’s it,” Dimon stated. “It exhibits much more vulnerabilities have to 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 unhealthy actors new methods to hack into expertise programs. 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 got 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 lengthen past any single establishment, given the interconnected nature of the monetary system.
“That does not imply all the things that banks depend on is that properly 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 business has lengthy been conscious that AI cuts each methods in cybersecurity.
“These instruments could make it simpler to search out vulnerabilities, however then additionally probably be deployed by unhealthy actors in assault mode,” Barnum stated on the earnings name. Latest advances from Anthropic and others have merely intensified an present pattern, he stated.
Dimon additionally stated that whereas superior AI instruments are essential, old-school cybersecurity practices stay important.
“Quite a lot of it’s hygiene… how do you shield your information? How do you shield 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.