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Visa Open-Sources AI Cyber Defense Amid Rising AI-Powered Threats
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CNBC TV18•29-09-2026, 21:18
Visa Open-Sources AI Cyber Defense Amid Rising AI-Powered Threats
- •Visa open-sourced its AI-powered cyber defense system after experiencing "humbling" vulnerabilities exposed by AI models like Anthropic's Mythos.
- •Rajat Taneja, Visa's President of Technology, highlighted the growing threat of autonomous cyberattacks and future quantum-computing risks.
- •The company views recent AI agent attacks, such as on Hugging Face, as a "trailer" for more serious future threats, emphasizing the need for agentic defenses against agentic adversaries.
- •Visa processes approximately $15 trillion in payments annually, making its security crucial for the global financial system.
- •Taneja warned that future cyberattacks will be adaptive and continuously learning, rendering current human-centric defenses ineffective, and also noted the long-term threat of quantum computing to encryption standards.
Key Questions Answered
Visa open-sourced part of its cyber defence system following humbling lessons from vulnerabilities exposed by AI models like Anthropic's Mythos, as the company prepares for autonomous cyberattacks and quantum-computing threats.
Industry estimates suggest that roughly a third of online commerce, which is close to $3.1 trillion in transactions, could run through AI agents by the year 2030.
Rajat Taneja highlighted the longer-term challenge posed by quantum computing, noting that Shor's algorithm could eventually enable powerful quantum computers to break current encryption standards underpinning global commerce.
