Anthropic has pulled back access to its Mythos AI model after the company’s internal security testers found it could identify ...
OpenAI is finalizing a model with advanced cybersecurity capabilities that it plans to release only to a small set of ...
Boards formally treat model risk as important, but in practice many banks treat it as a compliance box-ticking exercise that only attracts senior attention when something visibly breaks or a regulator ...
Recently, the UK Government called upon key regulators—including the ICO, FCA, and Bank of England (which incorporates the PRA)—to outline their strategic approach to Artificial Intelligence (AI). In ...
Market risk is the potential for losses in securities due to fluctuations in market factors like interest rates, currency values, FX/commodity spot rates, and equity prices. An inefficient or ...
Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...
OpenAI ( OPENAI) is finalizing a model with advanced cybersecurity capabilities that it plans to release only to a small set ...