India Warns of AI-Driven Cyber-Attacks Targeting Financial Firms

India's cyber security team warned that a sophisticated AI-driven threat actor dubbed "Crafty Falcon" is exploiting incomplete security measures to gain repeated access to sensitive systems at financial firms, having already targeted non-banking financial companies, digital lenders, fintech firms and crypto platforms across India. The warning states the attacks exploit gaps in security controls to repeatedly re-enter compromised systems.

India's cyber security team has warned that financial firms are under attack by a sophisticated AI-driven threat, dubbed "Crafty Falcon", that's exploiting incomplete security measures to gain repeated access to sensitive systems. The threat actor has already targeted non-banking financial companies, digital lenders, fintech firms, and crypto platforms across the country.