New Delhi, Nov. 5 -- The Indian Computer Emergency Response Team (CERT-In) has warned of escalating AI-driven cyberattacks on financial institutions, with hackers increasingly exploiting their own payment infrastructure to initiate unauthorized transactions.

In an advisory issued on 4 November, CERT-In identified the threat actor as "Crafty Falcon" and classified the campaign as critical. The warning coincides with the agency's new AI Security Auditing Guidelines, which establish a risk-based framework for assessing the security of artificial intelligence systems.

Mint explains.

Craft Falcon is an AI-assisted financial threat actor identified by CERT-In's Computer Security Incident Response Team-Finance (CSIRT-Fin). Its targets include...