AI sharpens cat-and-mouse hacking battle as companies strengthen defences

What's behind this

CERT-In has issued a fresh warning to banks, non‑banking finance companies, fintech firms and cryptocurrency exchanges after a rise in AI‑driven cyber attacks linked to unauthorised fund transfers. The agency identified the hacking group Crafty Falcon as behind the attacks, noting that the perpetrators exploit holidays and periods of low monitoring. The warning highlights escalating threats to the Indian financial sector and urges institutions to strengthen security measures.

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