India Warns Banks Over Powerful AI Threat As Anthropic’s Mythos Raises Cybersecurity Fears

Brief By CNBCTV18 / 11:00 AM on 08 May 2026

Department of Financial Services Secretary M Nagaraju urged banks to prepare for potential risks if Anthropic’s AI model Mythos launches in India. He advised financial institutions to strengthen cybersecurity systems, invest in advanced cyber capabilities and build stronger safeguards. Mythos has sparked global concern because of its reported ability to identify software vulnerabilities, raising fears over large-scale cyber threats and digital security breaches.