In a recent meeting led by Finance Minister Nirmala Sitharaman in New Delhi, India is prioritizing the establishment of a robust mechanism for real-time threat intelligence sharing among banks and cybersecurity agencies, particularly in light of emerging threats from artificial intelligence (AI) technologies. Sitharaman, alongside Union Electronics and Information Technology Minister Ashwini Vaishnaw, discussed the unprecedented nature of threats posed by AI models, which could potentially weaponize software vulnerabilities. She urged the Indian Banks' Association (IBA) to develop a coordinated response mechanism and advised banks to hire top cybersecurity professionals to enhance their defenses. Banks are also required to report any suspicious cyber incidents to the Indian Computer Emergency Response Team (CERT-In) immediately. The meeting included officials from the Reserve Bank of India (RBI) and the National Payments Corporation of India, highlighting the collaborative effort needed to address these challenges. Concerns surrounding the Claude Mythos AI model, which has shown capabilities that could outperform humans in hacking tasks, further underscore the urgency for enhanced cybersecurity measures within the financial sector.