Bank of England Governor Andrew Bailey delivered a blunt message in Reykjavík. British banks still cannot access Anthropic’s advanced AI model designed to hunt software vulnerabilities. The tool, known as Mythos, promises to uncover bugs faster than human experts. Yet concerns over its power have delayed rollout. Bailey made the comments during an interview with Bloomberg Television on the sidelines of a conference. He noted that banks continue testing defenses with other models while access to this one remains blocked. The delay stems partly from Glasswing phase two. That initiative has been in development for about six weeks. Bailey suggested it has become entangled with processes under the current U.S. administration. “Given our concerns about the risks involved in this it is really important there is access,” he said. The remark highlights tension between innovation and control. One side sees potential for stronger defenses. The other fears what happens when such capability lands in the wrong hands.…