Bank of America assigns 4,000 people to fix vulnerabilities found by AI models

What happened

Bank of America hired 1,000 outside contractors to work alongside 3,000 employees fixing software vulnerabilities uncovered by AI models including Anthropic's Mythos, CNBC reports. CEO Brian Moynihan said the teams have worked together since the second quarter. The bank spent a few hundred million dollars in the third quarter on software work and anti-money-laundering requirements combined, without disclosing patching costs separately.

The story so far

Bank of America has assigned 3,000 employees and hired 1,000 outside contractors to fix software vulnerabilities uncovered by AI models, including Anthropic’s Mythos, CNBC reported. CEO Brian Moynihan said the teams have been working together since the second quarter. The bank spent a few hundred million dollars in the third quarter on software work and anti-money-laundering requirements combined; that figure was not a separate total for vulnerability patching.

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