Bank of America brought on 1,000 outside contractors to work alongside 3,000 internal employees to patch software vulnerabilities. The massive remediation effort was triggered by advanced cybersecurity scans from AI models like Anthropic’s Mythos. CEO Brian Moynihan disclosed that third-quarter compliance and software repair costs reached “a couple hundred million dollars plus.” The bank expects these patching expenses to decrease over time as core security pipelines stabilize and vulnerabilities are sealed. The disclosures highlight the immense operational and financial burden companies face when securing systems against next-generation AI agents.

Full report : BofA spend millions in money and resources to patch proprietary and vendor software flaws exposed by AI models like Mythos.