India's PNB hikes cybersecurity spend as AI models including Anthropic’s Mythos raise risks

India's Punjab National Bank (PNB) is increasing its cybersecurity spend due to rising risks from AI models, including Anthropic's Mythos. The bank aims to enhance its defenses against potential cyber threats. This move comes as AI-powered attacks are becoming more sophisticated, posing significant risks to financial institutions. PNB's decision reflects the growing need for robust cybersecurity measures in the banking sector.