Visa open-sources AI-powered cyber defense system after vulnerabilities exposed

Visa: Visa is a leading global payments technology company facilitating electronic transactions between consumers, merchants, and financial institutions. In this news, the company has open-sourced elements of its AI-powered cyber defense system after AI models exposed vulnerabilities, as it prepares for agentic cyberattacks and quantum threats. Rajat Taneja: Rajat Taneja is President of Technology at Visa, where he oversees technology strategy, product engineering, and global infrastructure. He has highlighted the need for agentic defenses against AI-driven threats and discussed open-sourcing the company's vulnerability management harness following tests with models like Anthropic's Mythos. AI Cyber Risks: European financial regulators have warned that frontier AI models significantly heighten systemic cyber risks to the financial system through faster vulnerability discovery and autonomous attack capabilities. Quantum Computing: European banking, insurance, and securities authorities recently cautioned that quantum computing threats to encryption in payments and other systems could materialize before the technology has viable commercial applications. Industry Collaboration: Payments and financial firms are partnering on AI-assisted security projects and open-source tools to build agentic defenses against evolving cyber threats.