Sebi cautions market players on risks from AI tools like Mythos; sets up task force
Markets regulator Sebi on Tuesday issued an advisory cautioning regulated entities against emerging risks from advanced artificial intelligence (AI) tools used for vulnerability detection, including Anthropic's AI model Mythos.
Markets regulator Sebi on Tuesday issued an advisory cautioning regulated entities against emerging risks from advanced artificial intelligence (AI) tools used for vulnerability detection, including Anthropic's AI model Mythos.
To address these concerns, Sebi has constituted a task force named cyber-suraksha.ai, comprising representatives from market infrastructure institutions (MIIs), qualified registrar and transfer agents (QRTAs), regulated entities and other stakeholders.
In a circular, Sebi said the rapid evolution of AI-driven tools capable of identifying system vulnerabilities at scale could expose financial institutions to heightened cybersecurity risks, including potential exploitation of weaknesses, data confidentiality concerns and issues related to the reliability of outputs.
