NEW YORK — JPMorgan Chase CEO Jamie Dimon is leading an effort to build a broader coalition of major corporations focused on addressing the cybersecurity and infrastructure risks posed by increasingly powerful artificial intelligence systems, according to a Reuters report.
Reuters reported that Dimon has personally contacted the CEOs of large U.S. banks, regional lenders and technology companies as part of an effort to expand participation in the Alliance for Critical Infrastructure, a group JPMorgan helped establish. Citing unnamed sources, Reuters said Dimon has reached out to leaders at more than 40 companies spanning financial services, energy, water, utilities, telecommunications, airlines, railroads and other technology-dependent critical infrastructure sectors.
Intensified Efforts
The initiative comes as governments and businesses intensify efforts to prepare for the growing cybersecurity threats associated with advanced AI models.
As CEO of the nation’s largest bank, Dimon’s views on economic, regulatory and technology issues are closely watched. Reuters reported he has been among a small group of corporate leaders warning publicly about the potential dangers posed by frontier AI systems.
In July, Dimon compared access to advanced AI to “giving ballistic missiles to individuals with Mythos,” referring to Anthropic’s AI model, according to Reuters. Banks are currently evaluating that model, although Reuters said those efforts are separate from the Alliance for Critical Infrastructure initiative.
The push also aligns with broader government efforts to strengthen AI-related cybersecurity defenses.
‘Gold Eagle’ Launches
Last month, the U.S. government launched Gold Eagle, a voluntary initiative that uses frontier AI capabilities to identify, verify and prioritize cybersecurity vulnerabilities, reduce duplicative security scanning and share actionable information with organizations responsible for protecting critical infrastructure.
International regulators have also raised concerns.
In July, both the European Systemic Risk Board and the Bank of England warned that advanced AI systems could create new cybersecurity risks for financial institutions. The organizations said frontier AI models are capable of identifying software vulnerabilities, generating functional exploits and carrying out cyberattacks more quickly and at greater scale than earlier generations of AI.
Cybersecurity experts have likewise warned that AI is accelerating the capabilities of fraudsters alongside those defending financial systems.
