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India Raises Alarm Over Rising AI-Driven Cyber Threats Targeting Financial Institutions

India Raises Alarm Over Rising AI-Driven Cyber Threats Targeting Financial Institutions

AI-driven cyberattacks in focus, India's cybercrime agency warns financial institutions
AI-driven cyberattacks in focus, India's cybercrime agency warns financial institutions

India's cybercrime agency warned financial firms of AI-driven cyberattacks causing rapid compromises, prompting calls for stricter safeguards and compliance.

AI agents could put India's financial sector at risk, cybercrime agency warns
AI agents could put India's financial sector at risk, cybercrime agency warns

India's cybercrime agency has warned financial institutions of AI-assisted attacks that could compromise IT systems and automate fraudulent fund transfers at machine speed.

CERT-In warns hackers are using AI to target banks and financial institutions
CERT-In warns hackers are using AI to target banks and financial institutions

In a critical advisory issued on Wednesday, India’s cybersecurity agency, CERT-In, has warned that hackers are targeting India’s finance sector with the help of AI tools. The group, designated as...

India flags Chinese-linked AI tools in hacking campaign against financial firms
India flags Chinese-linked AI tools in hacking campaign against financial firms

India's cybersecurity agency named the hacking group behind a wave of AI-driven attacks on financial firms and identified its tools, at least two of them linked to China, adding India to a growing...

RBI intensifies scrutiny on banks amid rising cyber fraud incidents involving AI and vulnerabilities

Growing cyber incidents have prompted heightened scrutiny of Indian banks and fintech companies regarding their cybersecurity measures. The Reserve Bank of India and cybersecurity agencies issued...

India cybercrime agency warns financial firms on AI attacks
India cybercrime agency warns financial firms on AI attacks

"These attacks are financially motivated and are being carried out with the help of Artificial Intelligence (AI) agents leading to machine speed compromise," the Indian Cybercrime Coordination...

Central cyber security agency warns banks, fintech firms of frauds through AI agents
Central cyber security agency warns banks, fintech firms of frauds through AI agents

Central cyber security agency warns banks, fintech firms of frauds through AI agents

AI-based cyber threat executing unauthorised fund transfers from banking firms: Cert-In
AI-based cyber threat executing unauthorised fund transfers from banking firms: Cert-In

The Indian Computer Emergency Response Team (Cert-In) has named the incident "Crafty Falcon", which uses publicly available AI tools to execute complete attack chains autonomously at machine speed...

AI turns cyber threat into boardroom crisis
AI turns cyber threat into boardroom crisis

In India, State Bank of India disclosed that 375,000 customer records had been leaked on the dark web, while vulnerabilities in eMudhra’s digital certificate keys exposed websites to potential...

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