Mumbai, May 8 -- Department of Financial Services Secretary M Nagaraju has asked banks and financial institutions to strengthen cybersecurity systems and operational resilience.
He warned that advanced artificial intelligence models such as Claude and Anthropics Mythos could pose serious risks if deployed publicly in India.
Speaking at the Indian Banks Association Conference on Risk Management in Mumbai, Nagaraju said regulators were increasingly concerned about the ability of advanced AI systems to identify and potentially exploit vulnerabilities in banking infrastructure.
I hope the banking community is prepared well in case Mythos is released publicly in the country, TOI quotes him as saying.
Banks Asked To Strengthen Cyber Prep...