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India Sets SBI-Led Panel to Counter Claude Mythos Cyber Risk to Banks

The move signals a shift to coordinated real-time defenses against AI-driven hacking risks.

Overview

  • The government on Friday named SBI chairman C S Setty to lead an Indian Banks’ Association panel that will map risks from Anthropic’s restricted Claude Mythos model and propose fixes.
  • Following Thursday’s high-level meeting chaired by Finance Minister Nirmala Sitharaman, banks were told to share threat intel in real time with CERT-In, report incidents immediately, and hire specialist cyber firms.
  • A senior finance ministry official said Indian systems remain secure for now as the Reserve Bank of India conducts due diligence on sector exposure and MeitY engages foreign governments and tech companies.
  • Anthropic says Mythos can find and chain serious software flaws across major operating systems and browsers, and the company is investigating a reported unauthorized preview access through a third-party vendor.
  • Officials signaled new investments across lenders in AI-assisted defense, faster patching, and network segmentation, with India also seeking a role in shaping cross-border rules for dual-use AI security.