Scott Besson

What we've had in the past month was a step change in the power of one large language model, but we're going to see it from the other AI companies.

What we've had in the past month was a step change in the power of one large language model, but we're going to see it from the other AI companies.

What we are determined to do is work with our AI companies to allow them to continue innovate, but our charge to the U.S.

What we are determined to do is work with our AI companies to allow them to continue innovate, but our charge to the U.S.

government is maintaining safety.

government is maintaining safety.

And there is a very important calculus here between innovation and safety.

And there is a very important calculus here between innovation and safety.

And at the U.S.

And at the U.S.

government, we're going to make sure that things stay safe.

government, we're going to make sure that things stay safe.

Exactly.

Exactly.

Besson appeared on Fox News saying financial institutions must actively strengthen defenses in the wake of rapidly advancing AI.

He emphasized that recent developments represent a, quote, step change in large language model capabilities and stressed the need for the U.S.

to stay ahead while balancing innovation with security.

When asked if Americans should worry about AI hacking their bank accounts, he replied bluntly, quote, you should.

The concern stems from AI systems like Anthropic's Mythos model, which identifies thousands of serious vulnerabilities across widely used software, highlighting a twofold reality.

Banks and security teams can deploy these tools to detect and fix weaknesses, but hackers can also exploit them to accelerate attacks.