
Executives at Anthropic, OpenAI, and other artificial intelligence companies are privately preparing for the political and regulatory fallout from a potential catastrophic AI-related incident, an unnamed insider claims.
An Axios report cites industry insiders who believe a major event could occur within the next six to 12 months, possibly involving a cyberattack that disrupts financial services, internet connectivity, or essential utilities.
That timeline is an assessment attributed to unnamed sources, not a verified forecast, as companies routinely plan for worst-case scenarios, and preparing for a crisis does not mean executives consider it inevitable.
OpenAI has explicitly said its preparedness exercises cover a range of possible events rather than treating catastrophe as a certainty.
Nevertheless, Axios reports that some people inside the AI industry are concerned that a serious incident could transform public opinion and prompt lawmakers to impose restrictions that companies are already considering how to influence.
AI Companies Are Gaming Out Catastrophic Scenarios
According to Axios, senior executives and researchers are privately examining how the industry might respond if an AI-related incident caused substantial real-world harm.
Scenarios reportedly include an autonomous swarm of agents escaping containment during internal testing or malicious actors finding unexpected ways to exploit publicly available models.
SCOOP: Top executives at Anthropic, OpenAI and other AI companies are privately gaming out scenarios for a public and political revolt after a catastrophic AI event. https://t.co/SC1Wur2dS0
— Axios (@axios) October 9, 2026
One possible consequence would be a major cyberattack affecting access to banking services, the internet, or essential infrastructure. Such an event could bring the risks associated with increasingly capable AI systems into sharp public focus, placing technology leaders under pressure to explain what safeguards were in place and whether the damage could have been prevented.
OpenAI offered an important qualification to the report's account of its preparations.
A company spokesperson told Axios, 'OpenAI conducts preparedness exercises where teams discuss and work through a range of potential scenarios.' The spokesperson added that these scenarios 'are not treated as inevitable, but are meant to help us prepare for a variety of circumstances.'
Anthropic declined to comment, according to Axios.
The report also considers the potential political consequences of a catastrophic incident.
OpenAI Chief Executive Sam Altman and Anthropic chief executive Dario Amodei could face scrutiny, while President Donald Trump could encounter criticism over his administration's approach to AI regulation.
However, it's worth noting that these are prospective outcomes described in the reporting, not established consequences of an event that has yet to occur.
Cyberattacks Raise Questions About AI-Assisted Crime
A reported campaign targeting South Korean financial organisations offers a more concrete example of how AI tools may feature in cybercrime.
CrowdStrike described the activity in a report published on 7 October 2026, identifying the use of its reported technical capabilities alongside multiple AI tools and large language models.
Last week some of South Korea's biggest banks were hit by a cyberattack. Thanks to a report from CrowdStrike tonight, we now know the entire hack may have been done by a single person. He used a combined stack of an open-source AI penetration tool named ARTEX, DeepSeek… pic.twitter.com/54wn5e7Nyh
— Andrew Curran (@AndrewCurran_) October 8, 2026
According to CrowdStrike's findings, the campaign involved the ARTEX AI penetration-testing tool and several models, including DeepSeek, GLM and Claude Code. The activity targeted financial organisations, with breaches at two banks reported in coverage of the incident.
The identity of the person behind the campaign has not been publicly confirmed.
CrowdStrike assessed the threat actor as likely Chinese-speaking and financially motivated, but that assessment does not establish the perpetrator's nationality or identity. The full extent of the breaches and the amount of information stolen also remained unconfirmed in reporting by Yonhap News Agency.
CrowdStrike further reported that recovered session histories showed the attacker using Claude Code to explore where stolen data could be sold.
That detail suggests AI tools may have assisted activity after the data theft, but it does not mean Claude Code independently carried out the attack or that DeepSeek alone was responsible.
Nor does the reported campaign establish that AI caused a widespread outage of banking services. It is evidence cited in the discussion of AI-assisted cybercrime, not proof that a catastrophic AI event is inevitable.
AI Companies Want To Shape the Response Before a Crisis
Axios reports that private preparations also involve red-teaming and efforts to educate members of Congress about AI risks.
The industry's reported concern is that a major incident could rapidly change the political calculation, making proposals that currently struggle to gain support more attractive to lawmakers.
Some of the possible responses discussed include pausing advanced AI development, banning superintelligence, or requiring a kill switch for advanced systems.
These are proposals under debate, not enacted US policy. The practicality of a universal kill switch is contested, particularly because AI models can be distributed across different systems and open-weight models can be downloaded and used outside the control of their original developers.
The political forecasts in the report require similar caution.
Axios' sources anticipate that Democrats could push for tougher restrictions after the midterm elections, but the timing, scope, and success of any legislation remain uncertain. Even a change in congressional control would not guarantee agreement within the party or across Washington.
There are economic considerations, too.
AI infrastructure is increasingly intertwined with broader economic activity, and slowing its development could carry costs. At the same time, a major incident could intensify demands for safeguards, creating pressure on lawmakers to act before the technical and economic consequences of their decisions are fully understood.
Whether a future AI-related crisis would produce a comparable response remains an open question, as does the central prediction from unnamed industry insiders that a major incident could occur within the next six to 12 months.




