When risk itself begins to drift: Reading the Mythos moment for Indian finance
India's Finance Minister Nirmala Sitharaman convened a meeting with bank chiefs to discuss the cybersecurity implications of Anthropic's advanced AI model, Mythos. The meeting advised banks to take pre-emptive measures and develop a coordinated institutional response to potential risks.
India's Finance Minister Nirmala Sitharaman met with bank chiefs, IT Minister, RBI, NPCI, and CERT-In to discuss the cybersecurity implications of Anthropic's AI model, Mythos. The meeting advised banks to take pre-emptive measures and develop a coordinated response. Mythos demonstrated strong capabilities in finding and exploiting software vulnerabilities during testing. The RBI and Finance Ministry are studying the risk to the domestic financial sector. Indian banks processed over 700 million transactions daily without incident during the meeting. The event highlighted the migration of financial-sector exposures from known risks to uncertainty.
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