RBI in talks with banks, global regulators to review Mythos risks
MUMBAI, April 23 -- India's central bank is in talks with global regulators, Indian lenders and government officials to understand the potential risks posed by Anthropic's new artificial intelligence model Mythos, three people said.
The Reserve Bank of India's (RBI) preliminary assessment-just like that of global regulators-suggests Mythos could pose cybersecurity risks by accelerating the discovery and exploitation of software vulnerabilities, the people, all familiar with the RBI's thinking, said.
Regulators in Asia, Europe and the US have warned banks to review defences and preparedness. In Japan, the financial watchdog will meet banks this week, while the Australian central bank said it is monitoring Mythos-related developments. RBI officials have over the past fortnight held consultations on Mythos-related risks with counterparts at the US Federal Reserve and the Bank of England in particular, according to one of the people.
The RBI may seek direct engagement with Anthropic, the people said. "Globally, we are discussing with other countries and other regulators on what are the developments and what safeguards need to be taken," one of the people said.
The National Payments Corporation of India (NPCI) is trying to secure early access to Mythos alongside a small number of banks, to identify vulnerabilities and "day-zero" cyber risks ahead of any broader rollout, this person said. However, such access may not be forthcoming as Anthropic's Mythos systems is hosted on strictly-controlled servers in the U.S. and running tests on local data in foreign jurisdictions could prove challenging, said a fourth person aware of the matter.
Email requests for comment sent to RBI and NPCI were not immediately answered....
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