CERT-In flags China-Linked AI cyberattacks on Indian banks: Hackers exploit holidays, low-monitoring windows

The Indian Computer Emergency Response Team (CERT-In), the country’s cybersecurity agency, has issued a warning about a series of cyberattacks using AI technologies. The attacks could target financial institutions, including non-banking lenders (NBL), fintech firms and cryptocurrency exchanges.

The agency on Wednesday, November 4, highlighted a hacking group known as ‘Crafty Falcon’ and four AIs that are claimed to be used to automate attacks on financial institutions in India, Reuters reported.