Are My Deposits Safe? What Customers Should Know About Mythos

Short answer: most customers are protected by deposit insurance and bank reimbursement policies, but vigilance matters. Here’s what to do now.

Immediate steps for customers

• Keep devices and apps updated with the latest security patches.
• Enable multi-factor authentication for banking logins.
• Beware of phishing by email or SMS asking for credentials.

What banks will likely do

Banks are rushing to plug vulnerabilities and expand monitoring. Regulators are also raising awareness and may mandate reporting and resilience exercises.

For technical teams: see our checklist and explainer.