From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.From SBI to Binance, how financial institutions are becoming cyberattack targets
What's behind this
India's cybersecurity agency CERT-In has warned that a hacking group called Crafty Falcon, linked to China, is using AI-driven tools to attack banks, non‑bank lenders, fintech firms and cryptocurrency exchanges. The group is reported to exploit holidays and periods of low monitoring to breach these financial institutions. CERT-In issued an advisory on Wednesday detailing the campaign and urging heightened vigilance across the sector.
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Recent incidents involving cryptocurrency exchange Binance and Indian public sector lender State Bank of India (SBI) have once again put the spotlight on the issue. While Binance reported a security breach involving unauthorised cryptocurrency withdrawals estimated at around $6.3 billion, SBI is…
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Recent incidents involving cryptocurrency exchange Binance and Indian public sector lender State Bank of India (SBI) have once again put the spotlight on the issue. While Binance reported a security breach involving unauthorised cryptocurrency withdrawals estimated at around $6.3 billion, SBI is…
