# Public sector banks are bracing up to increase IT spending in order to secure their systems, safeguard customer data, and protect monetary resources.

*genai · news · 2026-05-03 · NDTV Profit*

## Key points

- Indian public sector banks plan significant IT spending increases to defend against Claude Mythos AI threats.
- Anthropic's Claude Mythos preview discovered thousands of major vulnerabilities across all major operating systems and browsers.
- Banks' current cybersecurity response cycles lag behind rapidly shrinking vulnerability exploitation windows, now under 72 hours.
- A government panel led by SBI Chairman C S Setty was formed to assess and mitigate Mythos-related AI risks.

**Companies:** Microsoft, Amazon, Punjabi & Sind Bank, UCO Bank, 63SATS Cybertech Limited
**Countries:** India, United States

[Read the full story on NDTV Profit](https://www.ndtvprofit.com/business/public-sector-banks-to-step-up-it-spending-over-data-security-concerns-from-anthropics-claude-mythos-11442621)

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