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FM says banks prepared for tech risks, calls for upgrades amid Mythos challenge

Union Finance Minister Nirmala Sitharaman on Friday (April 24) said banks need to continuously upgrade systems, strengthen cybersecurity and enhance customer protection to deal with risks, including “Mythos,” an advanced artificial intelligence model that has raised concerns in financial and technology circles. Speaking at an event in Maharashtra, Sitharaman said artificial intelligence comes with its … Read more

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