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Threat actor targets Indian fintechs on weekends when defenders aren’t watching

Simon Sharwood
Friday at 01:17
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Threat actor targets Indian fintechs on weekends when defenders aren’t watching

India’s Computer Emergency Response Team has warned the nation’s financial services industry of a “significant escalation” in attacks by what it describes as an “AI-assisted financial threat actor” that has re-targeted victims after they flubbed remediation efforts.CERT-IN first detected the attacks in October and issued advisory in which it warned digital lending platforms, fintech entities, payment service providers, and wallet operators that attackers were targeting internet-facing applications, exposed APIs and privileged endpoints. If the attackers found a way in, they tried to use payment APIs to steal money.On Thursday, the CERT published an update in which it said it continues to hear of successful attacks, including...

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