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

*fintech · news · 2026-05-03 · CNBC TV18*

## Key points

- Public sector banks in India plan to significantly increase IT spending due to Claude Mythos risks.
- Anthropic's Claude Mythos AI has demonstrated unprecedented skill in detecting and exploiting cybersecurity weaknesses.
- The time between public vulnerability disclosure and weaponisation has shrunk from 19 days to under 72 hours.
- A government panel led by SBI Chairman C S Setty will assess AI-related risks and mitigation strategies.
- Anthropic's Project Glasswing granted 12 tech companies access to Mythos to identify critical software vulnerabilities.

**Companies:** Anthropic, Punjab & Sind Bank, UCO Bank, SBI (State Bank of India), 63SATS Cybertech Limited
**Countries:** India, United States

[Read the full story on CNBC TV18](https://www.cnbctv18.com/economy/public-sector-banks-looks-to-scale-up-it-spend-in-view-of-cyber-threat-posed-by-anthropic-mythos-ws-l-19897601.htm)

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