CERT-In warns NBFCs and fintech firms of AI-driven attacks
The Indian Computer Emergency Response Team has flagged a significant escalation in AI-assisted attacks against non-banking financial corporations, digital lenders, payment aggregators, cryptocurrency exchanges and virtual asset providers. The 'CRAFTY FALCON' campaign uses machine intelligence to survey targets at machine speed and exploits victim payment and disbursement APIs to move funds. Attackers have also stolen cryptocurrency wallet keys and targeted merchant settlement APIs. CERT-In has classified the threat as immediate and continuing, with evidence of repeated attacks against the same organizations.
Key points
- AI-driven campaign 'CRAFTY FALCON' actively targets Indian BFSI entities
- Attackers exploit payment APIs and steal cryptocurrency wallet keys
- Threat shows significant escalation with repeated targeting of same victims
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