The Reserve Bank of India (RBI) is actively engaging with global regulators and financial institutions to evaluate the risks associated with Anthropic's new artificial intelligence model, Mythos. According to sources, preliminary assessments indicate that Mythos may pose significant cybersecurity threats by accelerating the discovery and exploitation of software vulnerabilities. Regulators across Asia, Europe, and the United States have issued warnings to banks to review their defenses and preparedness against potential threats from this AI model. In Japan, the financial watchdog is set to meet with banks, while Australia's central bank is monitoring developments related to Mythos. The RBI has held discussions with counterparts at the U.S. Federal Reserve and the Bank of England regarding these risks. Additionally, the National Payments Corporation of India (NPCI) is attempting to secure early access to Mythos to identify vulnerabilities before a broader rollout. However, access to Mythos is limited to a select few organizations in the U.S., complicating efforts for Indian institutions. The RBI is also preparing guidelines for banks partnering with advanced AI models, ensuring compliance with India's data localization regulations, which mandate that transaction data be stored on servers within the country.