TechnologyPhoto: Business StandardCert-In Warns Banks and Fintechs of AI-Driven Fund Transfer Fraud
India's cybersecurity agency Cert-In has issued a warning to banks and fintech firms about a rising AI-assisted cyber threat named "Crafty Falcon." This campaign uses publicly available AI tools to autonomously execute unauthorized fund transfers at machine speed. The advisory updates a previous October 9 warning and highlights ongoing attacks targeting BFSI entities, including NBFCs and fintech companies.
Business Standard·



