AI threat to bank accounts, government issues alert, don’t panic

Cyber ​​Attack: Amidst the rapidly increasing cyber threats in the country, Finance Minister Nirmala Sitharaman recently called an important meeting, in which heads of many big banks participated. The main objective of this meeting was to understand the potential cyber security threats associated with Anthropic’s Claude Mythos AI model.

The Finance Ministry has described this threat as not normal but unprecedented. IT Minister Ashwini Vaishnav was also present in the meeting. The government clearly says that to deal with this new threat, more vigilance, stronger preparation and better coordination between all the institutions is necessary.

What is Claude Mythos AI, why is there increased concern?

Claude Mythos is considered to be Anthropic’s most powerful AI model so far. According to the company, it is so advanced in cyber security that it cannot be released to the general public.

It has been told that this AI has discovered thousands of security vulnerabilities which humans could not catch for years. Some of these vulnerabilities are even 27 years old, which were present in major operating systems and web browsers. In such a situation, if this technology falls into wrong hands, it can be used for major cyber attacks.

Why the threat remains despite limited access

However, Anthropic has currently limited the access of this AI to only select companies, which include Amazon, Microsoft and Google. But according to reports, some unauthorized users have also been successful in accessing this system. This is the biggest cause of concern because cyber security weaknesses can be misused.

The world is also alert, not just India

This threat is not limited to India only. The US government has also become alert about this AI model and has discussed it with Wall Street banks. Not only this, The White House is also considering the use of this technology so that cyber security can be further strengthened.

India’s preparation: Banking system is being strengthened

The Government of India is planning to prepare a strong framework to deal with this threat. Its objective is to identify cyber attacks in time and take immediate action. In the meeting, the Finance Minister instructed banks to strengthen their IT systems and ensure security of customer data. Also, emphasis was laid on sharing threat information in real-time.

Also read: Now there will be no hassle of OTP, there will be big relief from fraud, Google’s new system

emphasis on working together

The Finance Ministry has advised to create better coordination between banks, Indian Computer Emergency Response Team and other agencies. Apart from this, the Indian Banks’ Association has also been asked to prepare a system that can respond immediately to any cyber threat.

RBI and government are investigating in depth

According to reports, the Finance Ministry and the Reserve Bank of India are studying how much threat Claude Mythos AI could pose to the Indian financial sector. Big decisions can be taken on this in the coming time.

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