{
  "id": 18239242,
  "title": "Cert-In, I4C warn financial firms of AI-driven cyberattacks, unauthorised fund transfers",
  "url": "https://urgent.news/2026/11/05/cert-in-i4c-warn-financial-firms-of-ai-driven-cyberattacks",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-05T03:17:00.000Z",
  "source": {
    "name": "Hindustan Times",
    "slug": "hindustan-times",
    "url": "https://www.hindustantimes.com/india-news/certin-i4c-warn-financial-firms-of-ai-driven-cyberattacks-unauthorised-fund-transfers-101793848576741.html"
  },
  "original_language": "en",
  "account": "The Indian Computer Emergency Response Team (Cert-In) and the Indian Cyber Crime Coordination Centre (I4C) have issued two advisories to banks, non-banking financial companies (NBFCs) and fintech firms, warning of AI-driven cyberattacks leading to unauthorized fund transfers. These attacks exploit unpatched software and incorrectly configured internet-facing servers to gain access to financial institutions' systems. Attackers then target automated fund-disbursement systems and application programming interfaces (APIs) to move the stolen money quickly through various channels. The attackers also delete records to hinder investigations. Cert-In's November 4 advisory identified the threat actor as \"CRAFTY FALCON\" and described the use of publicly available AI-based offensive security tools, such as ARTEX, PentAGI, Cairn, and CyberStrikeAI, which can generate customized attack scripts and carry out multi-stage attacks with minimal human intervention. Both advisories urge institutions to implement stricter security measures, including daily and per-transaction limits, enhanced monitoring of cloud systems, and immediate reporting of cyber incidents to the appropriate authorities.",
  "summary": "The money transferred to mule accounts across banks is quickly moved or withdrawn through IMPS and NEFT",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "SiliconANGLE",
        "title": "Research prediction: Shift from digital banking to AI-driven finance will transform financial services in 2027",
        "url": "https://urgent.news/2026/11/04/research-prediction-shift-from-digital-banking-to-ai-driven-finance",
        "published": "2026-11-04T20:40:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}