AI MISUSE RISKS
UCO Bank sees no MSME stress from US tariffs, Iran war
The public sector bank's chief executive, Ashwani Kumar, told ET that its loan portfolio performance behaviour is healthy on a year-on-year basis. The bank's special mention accounts in the MSME portfolio having exposure of ₹1 crore and above reduced to 1.05% of the MSME loan book in March, at ₹487 crore, as against ₹582 crore in December 2025, he said.
Alphabet investors push for safeguards on use of its cloud, AI tech
Investors are demanding answers from Alphabet regarding its technology and cloud services used by governments for surveillance. A group managing over a trillion dollars has written to the company seeking a meeting. They are concerned about the lack of strict controls on intervention in high-risk contexts. Alphabet previously opposed a shareholder resolution for a report, citing existing disclosures and frameworks.
Families of Canadian mass shooting victims sue OpenAI, CEO Altman in US court
Lawsuits have been filed in a US court against OpenAI and its CEO Sam Altman. The suits claim the company knew about a shooter's violent plans eight months before a deadly attack in Tumbler Ridge, British Columbia. Relatives of the nine victims, including children, allege OpenAI failed to alert police. This inaction, they claim, was to protect its business interests.
FM Nirmala Sitharaman meets heads of banks on AI risks following concerns over Anthropic's Mythos
Finance Minister Nirmala Sitharaman met with bank leaders to address Artificial Intelligence risks. Concerns arose from Anthropic's Mythos AI model and its potential impact on financial system data security. Banks are urged to implement preemptive measures to safeguard systems and customer data. Officials are studying the extent of these risks.
FM Sitharaman, IT minister Vaishnaw meet bankers over looming Claude Mythos; push for faster intel sharing
India is building a strong system for banks and agencies to share threat information instantly. This aims to quickly identify new dangers from artificial intelligence. Finance Minister Nirmala Sitharaman met with banks and IT officials to discuss these risks. The focus is on vigilance and better coordination.
FM Sitharaman says Indian banks must build new defences as AI threats grow, West Asia crisis watched closely
Indian banks face new artificial intelligence cyber threats. Finance Minister Nirmala Sitharaman urged a proactive approach. Banks will collaborate to identify vulnerabilities and adopt new technologies. AI itself may be used to combat AI-driven attacks. This initiative aims to strengthen cybersecurity defenses.
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Courtroom clash starts today: Elon Musk takes on Sam Altman — what’s at stake in the OpenAI lawsuit
Elon Musk vs Sam Altman court case: what’s at stake in the OpenAI lawsuit - The Musk vs Altman trial over OpenAI nonprofit conversion begins with a massive $852 billion valuation under scrutiny. Jury selection starts in California this week. The case tests if OpenAI broke its nonprofit promise. Elon Musk claims leadership shifted to profit after raising trust-based funding. He seeks up to $150 billion in damages. A 2017 note from Greg Brockman calling the plan “a lie” now drives the case. This trial could redefine AI governance, nonprofit law, and how tech companies scale power.
China’s DeepSeek V4 shocks with power and price — but is it moving too fast to survive?
The newly launched DeepSeek V4 is available in two variants: a high-end “Pro” model with 1.6 trillion parameters and a lighter “Flash” version built for efficiency. Both feature a one-million-token context window, marking a significant technical leap for handling longer and more complex prompts.
YouTube offers deepfake detection to Hollywood
YouTube is now offering Hollywood celebrities and entertainers a free deepfake detection tool to combat AI-driven impersonations. This expansion of their likeness protection technology aims to help artists identify and request removal of manipulated content, safeguarding their careers and public image in the face of advancing AI.
FM Nirmala Sitharaman meets heads of banks on AI risks following concerns over Anthropic's Mythos
Finance Minister Nirmala Sitharaman convened a meeting with bank heads to address Artificial Intelligence (AI) risks, particularly concerning Anthropic's Mythos model and its potential to compromise financial system data security. Banks have been urged to implement preemptive measures to safeguard their systems, customer data, and funds following discussions on AI's implications for the financial sector.
India's digital currency push targets its leaky welfare system
While India's early efforts are modest compared with those of China, where more than 200 million people use the e-yuan, the world's most populous nation could in theory become its biggest CBDC issuer if the system gains traction.
Latest shot on Anthropic’s Mythos—China’s cybersecurity giant Qihoo 360 finds 1,000 software vulnerabilities fast, raising global zero-day risks
China’s Qihoo 360 has flagged nearly 1,000 software vulnerabilities using AI in record time. This is a major cybersecurity shift. AI vulnerability scanning is now faster than ever. It is changing global cyber defense rules. The findings come soon after advances linked to Anthropic’s Mythos systems. The 360 Digital Security Group is using an AI-driven vulnerability discovery agent to scan software like Microsoft Office and modern AI frameworks. Experts warn of rising zero-day vulnerabilities and real-time exploit risks. Hackers can act faster now. Security teams must respond instantly.
Another Anthropic blunder? Did hackers get into its secret Mythos AI system—raising fresh fears about deeper security gaps and powerful cyberattack risks worldwide
Another Anthropic blunder? Reports say a small unauthorized group accessed the secret Mythos AI cybersecurity tool. That tool is built to detect vulnerabilities and simulate advanced cyberattacks. Access was not meant for public use. It was restricted and tightly controlled. Early findings point to a third-party vendor route, not a full system breach. No confirmed attacks yet. Still, the risk is serious. AI cybersecurity threats are rising fast. Even limited access can expose critical weaknesses. This incident raises big questions. Are AI safety controls strong enough? And can powerful cyber tools stay contained as global AI risks grow?
What do we know about Anthropic's Mythos amid rising concerns?
Anthropic unveiled Mythos, a powerful AI for cybersecurity. This advanced model can find thousands of software flaws. Concerns are rising that it could speed up cyberattacks. Governments and banks are discussing potential risks. The US plans to make a version available to federal agencies. Authorities in Britain and Europe are also assessing the impact.
China seeks to rein in risks from AI 'digital humans'
China is introducing new rules for its booming digital human industry. These AI avatars, which look and sound like real people, are used for various purposes. The government aims to prevent harm to children and maintain social stability. Regulations will ensure consent is obtained for creating digital likenesses.
Don't fear AI; it's only aid, not substitute: CJI Surya Kant
Chief Justice of India Surya Kant advised judicial officers to use Artificial Intelligence carefully. He stressed that AI should assist, not replace, human judgment in courts. Judges must remain independent and not be influenced by technology. AI offers efficiency gains but has limitations. Accuracy and authenticity are paramount. Justice remains a human endeavour.
A loan you never took; How PAN fraud is wrecking credit scores in India and what you should do to protect yourself
Indians are facing a new threat: PAN-based loan fraud. Criminals are using stolen PAN details to take out loans without consent. This is damaging credit scores and causing immense stress. Victims must act fast by reporting to lenders, police, and credit bureaus. Prevention through secure data sharing is key to safeguarding financial identity.
Claude Opus 4.7 released: Here’s what’s new in the latest version of Anthropic's flagship AI model
Anthropic on Thursday released Claude Opus 4.7, the latest upgrade in its flagship Opus AI model family. Users will now be able to delegate work that previously required close supervision to the AI assistant. The model demonstrates stronger instruction-following, higher consistency over extended workflows, and the ability to self-verify outputs before delivering results.
Sebi, DoT join forces to curb market frauds via real-time data sharing platform
Securities and Exchange Board of India and Department of Telecommunications signed an MoU to share real-time intelligence via Digital Intelligence Platform, enhancing fraud detection, telecom monitoring, and investor protection across India’s rapidly growing digital securities market ecosystem.
What is Anthropic's Mythos model and what does it do?
Anthropic Mythos AI model explained: Anthropic's powerful AI, Mythos, can uncover software vulnerabilities at an unprecedented scale, leading the company to withhold public release due to potential misuse by hackers. Instead, Anthropic is collaborating with major organizations through Project Glasswing to bolster defenses against rapidly evolving AI-driven cyber threats.
AI without safeguards can amplify existing weaknesses in financial sector: RBI DG
In a recent conference, Reserve Bank Deputy Governor Swaminathan J raised a red flag regarding the integration of AI in finance. He emphasized that, if left unchecked, AI could not only amplify existing challenges but also introduce unforeseen complications. On one hand, AI can transform customer interactions and enhance access to credit; on the other hand, it harbors potential pitfalls.
AI without safeguards can amplify existing weaknesses in financial sector: RBI deputy governor
Reserve Bank Deputy Governor Swaminathan J cautioned about AI in finance, saying that without proper safeguards, AI adoption can worsen existing issues and introduce new harms. While AI offers benefits like improved customer service and credit delivery, it also presents risks such as bias, opacity and data privacy concerns, he said.
Demis Hassabis: AI was meant to cure cancer, now it’s a commercial race
Talking to YouTuber Cleo Abram in a recent interview, the Google DeepMind CEO said his original motivation for entering AI was to harness the world’s data to tackle fundamental questions—about the nature of reality and consciousness, among others. But that long-term vision shifted dramatically with the arrival of ChatGPT in November 2022, the viral success of which reset the industry and accelerated the pace at which everyone now operates. Compounding the issue are the risks of AI that are still not fully known. These include its misuse by bad actors for harmful purposes.
Can Anthropic Mythos AI detect hidden financial cyber threats before attacks, and how Wall Street banks test next-gen cybersecurity defense systems today
Anthropic Mythos AI is now reshaping Wall Street cybersecurity at an unprecedented scale. Banks are testing this advanced AI to detect hidden financial cyber threats early. Reports show thousands of zero-day vulnerabilities already uncovered across major systems. This changes how financial institutions approach cyber risk and data protection. Mythos AI scans faster than any human team. It predicts attack paths before hackers act. That gives banks a critical time advantage. But fixing these flaws remains a challenge. Security teams face pressure to respond quickly. This shift signals a new era in AI-driven cybersecurity.
AI that finds and exploits bugs? Key facts about Anthropic’s new AI model Mythos raising red flags
Anthropic AI Claude Mythos Preview explained: Claude Mythos Preview, is raising cybersecurity alarms. The model can reportedly find, exploit, and chain software vulnerabilities, prompting Anthropic to restrict its release. Experts warn of significant implications as the technology develops, with controlled access granted to select organizations to bolster defenses.
Is Anthropic's Mythos model the most capable AI yet, what is Capybara, and why is this powerful system considered too dangerous to go public over advanced hacking risks?
Is Anthropic Mythos model the most capable AI yet? A powerful new AI has triggered global concern. Anthropic says its Mythos system has already found thousands of critical software vulnerabilities. This includes flaws across major operating systems and web browsers. The Anthropic Mythos model too dangerous debate is now trending across cybersecurity and AI search queries. The model can not only detect bugs but also build working exploits fast. Even non-experts can use it effectively. That changes everything. Anthropic has restricted access to a small group including Google and Microsoft.
IT cos slash US teams; D2C luggage brands hit turbulence
Happy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Dispatch.
Claude Mythos, Anthropic AI capable of hacking any software, joins forces with Google, Apple, AWS & more; Users’ personal data at risk?
Anthropic has launched Project Glasswing, a major industry collaboration with Apple, Google, Microsoft, NVIDIA and others, using its powerful new model Claude Mythos Preview to find and fix dangerous software vulnerabilities. The initiative aims to strengthen cybersecurity before advanced AI capabilities fall into the wrong hands.
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