25 publishers · first seen Tue, 03 Nov 2026 00:01 UTC · updated Thu, 05 Nov 2026 05:24 UTC
India's cybersecurity agency, CERT-In, has warned that hackers are using AI tools to target the finance sector, leading to unauthorized fund transfers. The group, known as 'CRAFTY FALCON,' exploits vulnerabilities in payment systems and APIs to execute attacks at machine speed. The campaign affects various financial entities, including NBFCs, fintech firms, and cryptocurrency exchanges. CERT-In advises financial institutions to enhance their monitoring and security measures, including setting transaction limits and isolating affected systems. The agency has not disclosed specific organizations affected or the financial impact of these attacks.
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