by AIP Online Bureau | May 7, 2026 | Banking & Bancassurance, Indian News, Risk Management, Technology
Referring to cyber security concerns, he said Anthropic Mythos AI model has advanced capabilities to identify and potentially exploit systems, and added that it has raised alarm bells among regulators because of the vulnerabilities in legacy banking technology...
by AIP Online Bureau | Apr 24, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Nirmala Sitharaman,Union Finance Minister There will be a lot of interaction among banks over the next few weeks to understand the threats and also look at the areas where additional investments will be required, Sitharaman said. She said all this while, the system...
by AIP Online Bureau | Apr 22, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
The Reserve Bank of India’s preliminary assessment – just like that of global regulators – suggests Mythos could pose cybersecurity risks by accelerating the discovery and exploitation of software vulnerabilities, the sources, all familiar with the...
by AIP Online Bureau | Apr 20, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Regulation, Risk Management, Trends, Facts
Singapore’s financial regulator is urging banks to plug holes, while South Korea’s government agencies have met to review and discuss how to respond to the risks. In Australia, authorities expect lenders to be vigilant to ensure clients aren’t put at risk by...
by AIP Online Bureau | Apr 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Wall Street banks have started testing Mythos internally after the Trump administration this week warned executives they should take the model seriously and deploy its capabilities to detect vulnerabilities. Anthropic’s Mythos, a new AI model the company and...
