From Livemint
Center-Right Owned by HT Media Ltd.Mint Primer | From SBI to Binance: why even the biggest financial platforms are under cyber siege
What's behind this
The Indian Computer Emergency Response Team (CERT‑In) has issued a fresh warning to banks, non‑banking finance companies, fintech firms and other financial institutions after a sharp rise in cyber attacks that involve unauthorized fund transfers. The agency says threat actors are using an artificial‑intelligence‑powered campaign called “Crafty Falcon,” employing automated tools to target the sector. CERT‑In cautions that these AI‑driven attacks are escalating nationwide.
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What each side is saying
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Today’s financial ecosystems are interconnected, making them vulnerable at multiple points.
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Today’s financial ecosystems are interconnected, making them vulnerable at multiple points.
