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Nirmala Sitharaman warns banks over AI Mythos risks to financial data security

India
Published on 24 April 2026
Nirmala Sitharaman warns banks over AI Mythos risks to financial data security

A foreign AI system raised alarms about data exposure

Finance Minister Nirmala Sitharaman met bank heads to assess Artificial Intelligence risks after concerns tied to Anthropic’s Mythos model and its possible effects on financial system data security. Banks were urged to act early to protect infrastructure and customer information. Officials are now evaluating how widespread the threat could be and what safeguards are needed.

  • Sitharaman met bank leaders to review AI risks
  • Anthropic’s Mythos model triggered concerns on data security
  • Banks are being pushed to strengthen preemptive safeguards
  • Officials are assessing the scale of potential impact
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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