The Finance Ministry has sounded the alarm over emerging cybersecurity threats linked to cutting-edge artificial intelligence, convening a high-level meeting with top banking executives on April 23. Finance Minister Nirmala Sitharaman led discussions focused on assessing risks associated with Anthropic’s reportedly powerful “Cloud Mythos” model.

According to officials familiar with the meeting, the AI system is being described as one of the most advanced in the cybersecurity domain, raising concerns about its potential misuse. Its capabilities are believed to be so sophisticated that unrestricted public access could significantly lower the barrier for executing complex cyberattacks.

Banking leaders were asked to evaluate vulnerabilities across digital infrastructure, with particular emphasis on safeguarding financial networks from AI-driven threats. The meeting also explored the need for stronger regulatory frameworks and real-time threat monitoring systems.

The development signals a growing recognition within the government that next-generation AI tools, while transformative, may also introduce systemic risks to financial stability if left unchecked. Policymakers are now weighing the balance between innovation and security as AI capabilities rapidly evolve.