AI Risks
Soon after Anthropic-Mythos ruckus, Sitharaman meets PSU bks on AI risks
This story was originally published at 16:28 IST on 23 April 2026
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NEW DELHI - Within days of the controversy blowing up about the security concerns from Claude Mythos Preview, a highly advanced artificial intelligence model developed by the US-based Anthropic PBC, Finance Minister Nirmala Sitharaman Thursday chaired a meeting with chiefs of public sector bank, discussing the risks and measures needed to deal with artificial intelligence. "Discussed various risks of Artificial Intelligence on the financial sector," sources aware of the development said.
Sitharaman urged PSU banks to take preemptive measures to secure their systems, data and money of customers, sources said. The meeting was attended by top officials of all state-owned banks, officials from Reserve Bank of India, and information and technology ministry.
Anthropic, a US-based artificial intelligence company, said that unauthorised access was made on its new model Mythos, which is deemed too dangerous for public release. The company had chosen to restrict access to the new model to select partners because of its unprecedented ability to autonomously detect and exploit software vulnerabilities.
According to a senior finance ministry official, the ministry and the RBI are currently studying the extent of risks that the Indian financial sector faces from this breach. According to reports, Anthropic said that Mythos can outperform humans at cyber-security tasks, finding and exploiting thousands of bugs--including 27-year-old vulnerabilities--in major operating systems and web browsers.
An unauthorised access to Mythos opens the opportunity for exploitation of its power and India is taking a holistic view of its implications on the financial system, including on the payments system. So far, our systems are secure and there is no need for undue worrying, the official said. The Reserve Bank of India is also doing due diligence at its end to ensure India's financial sector is secure. End
Reported by Priyasmita Dutta and Sagar Sen
Edited by Akul Nishant Akhoury
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