From India TV
Right Owned by Independent News ServiceAI-driven cyberattacks could put banks at risk of multi-crore fraud, Indian agencies warn
What's behind this
On November 5, India’s Computer Emergency Response Team (CERT‑In) issued a fresh warning to banks, non‑banking finance companies, fintech firms and cryptocurrency exchanges after a sharp rise in unauthorized fund transfers linked to the AI‑driven hacking group Crafty Falcon. The agency said the attackers use artificial‑intelligence‑powered tools that can operate quickly, often exploiting holidays and periods of low monitoring. CERT‑In flagged the campaign as a critical threat to the financial sector and urged institutions to strengthen defenses against the escalating attacks.
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India's cyber security agencies have flagged a growing trend of financially motivated cyber attacks targeting banks, non-banking financial companies (NBFCs) and fintech firms. The National Cybercrime Threat Analysis Unit (NCTAU) of the Indian Cyber Crime Coordination Centre (I4C), along with CERT-In…
— India TV
RSS excerpt
India's cyber security agencies have flagged a growing trend of financially motivated cyber attacks targeting banks, non-banking financial companies (NBFCs) and fintech firms. The National Cybercrime Threat Analysis Unit (NCTAU) of the Indian Cyber Crime Coordination Centre (I4C), along with CERT-In…