I4C Alerts Indian Banks and Fintechs to AI‑Driven Cyberattack Threats

The Indian Cyber Crime Coordination Centre warned banks, NBFCs and fintech startups that attackers are using AI agents to exploit unpatched software and misconfigured internet‑facing servers, enabling unauthorized transactions worth crores of rupees. The advisory, issued on November 3, highlighted risks to automated fund‑disbursement systems and payment APIs.

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Prioritize AI‑risk assessment features in your fintech products; regulators are flagging AI‑enabled fraud vectors now.

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