MUMBAI, May 2 -- Rapid advances in artificial intelligence (AI), including tools like Claude and emerging systems such as Mythos, are reshaping how banks assess cybersecurity risks, with the speed and scale of potential attacks emerging as a key concern, Kotak Mahindra Bank managing director and chief executive officer Ashok Vaswani said on Friday.
"If there is one thing that keeps me up at night, surely this is the one," Vaswani said at the bank's March quarter (Q4FY26) earnings conference, pointing to the pace at which AI-driven threats could evolve. "The nature of cyber risk is fundamentally changing. We have always been geared up to deal with cyber attacks at the speed of a human. Now we have to deal with cyber attacks at the speed o...
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