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 mentioned Tuesday that whereas synthetic intelligence instruments might ultimately assist corporations defend themselves from cyberattacks, they’re first making them extra susceptible.
Dimon mentioned 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 know-how.
“AI’s made it worse, it is made it tougher,” Dimon advised 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 consult 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 mentioned. “It reveals much more vulnerabilities should be fastened.”
The remarks reveal how synthetic intelligence, a know-how welcomed by companies as a productiveness boon, has additionally morphed right into a critical menace by giving unhealthy actors new methods to hack into know-how techniques. 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 mentioned.
“We spend some huge cash. We have high specialists. We’re in fixed contact with the federal government,” he mentioned. “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 pieces that banks depend on is that nicely protected,” Dimon mentioned. “Banks… are connected to exchanges and all these different issues that create different layers of danger.”
JPMorgan Chief Monetary Officer Jeremy Barnum mentioned the business has lengthy been conscious that AI cuts each methods in cybersecurity.
“These instruments could make it simpler to seek out vulnerabilities, however then additionally doubtlessly be deployed by unhealthy actors in assault mode,” Barnum mentioned on the earnings name. Latest advances from Anthropic and others have merely intensified an present pattern, he mentioned.
Dimon additionally mentioned that whereas superior AI instruments are essential, 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 mentioned. “Doing all these issues proper dramatically reduces the chance.”
Goldman Sachs CEO David Solomon mentioned Monday throughout an earnings name that his financial institution was testing Mythos, although he declined to remark additional.
