UK banks blocked from cyber AI tool Mythos get offer from rival OpenAI

OpenAI has offered nine major UK banks access to its cyber security AI tool GPT-5.5 Cyber, as its fierce rival Anthropic has blocked them in previews of its version, Claude Mythos.

Both tools are designed to find hidden security weaknesses in digital systems and can outperform humans at some hacking and cyber-security tasks.

Mythos caused a stir when it was announced in April, with Anthropic claiming it had found a weakness in one legacy system which had remained hidden for nearly 30 years.

Some finance ministers, central bankers and financiers have since expressed serious concerns about it , fearing the model could undermine the security of all financial systems.

The AI Security Institute, which has tested both Anthropic's Mythos and OpenAI's GPT-5.5 Cyber, said in its report that they reached "a similar level of performance" in the tasks it set them.

Last week Bank of England governor Andrew Bailey warned that UK banks were still unable to access Mythos to test the security of their own digital systems and apps.

Former UK Chancellor George Osborne, who is now a senior executive at OpenAI, told the BBC that Bailey had not contacted him directly. He said his firm did not want to "hide [5.5 Cyber] away or keep it to ourselves" but confirmed that, like Mythos, it would not become available to all.

"The key things with these tools is that they need to be in the hands of the right people," he said.