The Growing Risk of Rogue AI in Banking

About this episode

Penny Crosman discusses the risks associated with rogue AI in the banking sector and the challenges banks face in adopting AI technologies.

Penny Crosman, executive editor for technology at American Banker , talks about the growing risk of "rogue AI" in banking and why generative and agentic AI have changed the stakes for the industry. She discusses how banks are trying to balance the pressure to adopt AI quickly with the need to control operational, reputational, and cyber risks, including the threat of cascading errors and increasingly powerful models like Anthropic's Mythos.

People in this episode

Guest: Penny Crosman

Topics covered

• rogue AI
• banking
• generative AI
• operational risks
• cyber risks
• reputational risks

Keywords

• rogue AI
• banking
• generative AI
• operational risks
• cybersecurity
• reputational risks
• cascading errors

Mentioned in this episode

Organizations: American Banker

Products: Anthropic's Mythos