May 12, 2026

banks

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How Google may have confirmed Anthropic’s Mythos fears that sent shock waves across banks and financial institutions

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Google’s Threat Intelligence Group (GTIG) recently revealed that it successfully blocked a massive cyberattack where criminals used artificial intelligence (AI) to discover and weaponise a previously unknown software flaw. Google’s message is clear: The era of the ‘AI-powered hacker’ has officially arrived. The discovery effectively confirms the “doomsday” warnings issued just weeks ago by AI…

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Redefine affordable housing parameters, banks tell govt; ‘rising ticket sizes, interest costs need to be considered’

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MUMBAI: Banks have asked govt to review the definition of affordable housing by revising property value and size thresholds to reflect inflation and changing requirements, as rising ticket sizes and interest costs render existing limits less relevant.“We are the market leaders in housing finance and our home loan portfolio has grown by 13.7%. Our average…

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AI risk warning: Banks must prepare for cyber threats from advanced models like Mythos, says DFS Secretary Nagaraju

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Financial Services Secretary M Nagaraju on Thursday warned banks and financial institutions to strengthen cyber security systems and operational resilience, cautioning that advanced artificial intelligence models such as Anthropic’s “Mythos” could pose serious risks to the banking sector if released publicly, PTI reported.Addressing the Indian Banks’ Association (IBA) conference on Risk Management in Mumbai, Nagaraju…

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Trump sanctions impact: China wants banks to pause new loans to sanctioned refiners

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Meanwhile, the US Treasury Secretary Scott Bessent said that America had sent warning letters to two Chinese banks. (AI image) Amid Trump’s sanctions, China’s financial regulator has reportedly instructed the country’s biggest banks to temporarily halt fresh lending to five refineries that have been targeted by recent US sanctions over their links to Iranian crude…

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Anthropic CEO Dario Amodei, whose Mythos AI model has sent shock waves across banks and financial institutions says has a message for US companies: You have months, as China is …

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Dario Amodei, CEO of AI giant Anthropic has now issued a stark warning to the US companies, banks, and government agencies. Amodei said that all these institutions only have a narrow window of time to fix tens of thousands of software vulnerabilities uncovered by the company’s latest AI model, Mythos. According to a report by…

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After 20,000-plus layoffs, how Oracle’s ‘promise’ to Sam Altman is hurting banks across America, including JPMorgan

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Oracle may be facing a bank-debt “problem” due to its deal with the maker of ChatGPT, OpenAI. This comes as American banks struggle to absorb the scale of financing tied to Oracle’s data centre expansion plans. According to a recent report by The Wall Street Journal, the issue stems from a $300 billion agreement between…

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The Parmigiano vault: How Italy’s ‘cheese banks’ power a 4 billion euro industry

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What are the most valuable assets for a country — gold, silver, currency? In Emilia-Romagna, northern Italy, the answer looks far less conventional. Here, vast climate-controlled warehouses store one of the region’s most unusual forms of wealth: hundreds of thousands of wheels of Parmigiano Reggiano cheese, slowly ageing and quietly getting more valuable over timeTo…

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