AI-based defence must for bks to counter cyber threats - Barclays India head
This story was originally published at 18:37 IST on 11 May 2026
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NEW DELHI – Indian banks will have to upgrade their technology architecture and build artificial intelligence-based defence mechanisms to counter emerging cyber threats, Barclays India Chief Executive Officer and Managing Director Praveen Kumar said Monday. "With things like Anthropic's Mythos coming in, which will potentially exploit weaknesses of underlying systems...How do you move to a much more consistent underlying technology architecture which will then keep the bank safe," he said, addressing the Annual Business Summit 2026, organised by the Confederation of Indian Industry.
This comes against the backdrop of security concerns from Claude Mythos Preview, a highly advanced artificial intelligence model developed by the US-based Anthropic PBC. "Most of the banks have tons of legacy infrastructure, old code, many different versions of software and so on," he said.
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.
"These days if you have missiles coming in your way, you have to counter them with missiles from your side. You cannot fire with the traditional weapons. So if AI is kind of launching an attack on your enterprise, you got to have AI insight to counter that," Kumar said. End
Reported by Sagar Sen
Edited by Avishek Dutta
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