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Business Summary

Cert-In warns banks, fintech firms of AI-driven fund transfer fraud

India's cybersecurity watchdog has flagged an escalating AI-powered campaign targeting banks, NBFCs and fintech firms, with attackers exploiting payment APIs to carry out unauthorised fund transfers

By Storywire Newsdesk Published
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Cert-In warns banks, fintech firms of AI-driven fund transfer fraud
Cert-In warns banks, fintech firms of AI-driven fund transfer fraud — image via Business Standard — Credit: Business Standard

Attributed summary

India's cybersecurity watchdog has flagged an escalating AI-powered campaign targeting banks, NBFCs and fintech firms, with attackers exploiting payment APIs to carry out unauthorised fund transfers

Read the original report — Business Standard

Storywire publishes attributed summaries for discoverability. Full reporting remains with the original publisher — we do not republish restricted full text.

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