I4C Warns Banks and NBFCs of AI-Powered Cyberattacks
The Indian Cyber Crime Coordination Centre (I4C) has alerted banks, NBFCs, and fintech firms about AI-powered cyberattacks that allow hackers to perform fraudulent transactions rapidly. The agency reported multi-crore unauthorized fund transfers and urged financial institutions to enhance API security. It also directed them to report cyber incidents to CERT-In and RBI within six hours.
Economic Times·



