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Canadian Regulator Warns Banks of AI-Driven Cyber Threats and Phishing Attacks

2026-07-13 | CAN | hazard | economic
Our take

Canada's banking regulator warned banks about one specific model by name. When the regulator starts naming models, some vendor conversation has already failed.

The facts

Canada's banking regulator, OSFI, warned major financial institutions about Anthropic's Claude Mythos AI model, citing its role in advanced phishing attacks and increased cyber threats. Attackers used Claude's Mythos persona to craft convincing emails, causing financial losses in the tens of millions of dollars to Canadian banks.

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