AI Cyberattacks Put Indian Fintechs on Alert
A government advisory says criminals are using AI to run cyberattacks on financial firms in India, and the threat is still active. It warns banks, financial services and insurance companies to treat it as an immediate and continuing danger. The advisory targets firms that handle people's money and data.
Quick glossaryGovernment body, BFSI, Fintech
- Government body
- The official Indian agency that issued the warning, as the story describes it without naming it.
- BFSI
- Banking, financial services and insurance: the sectors that handle people's money and policies for customers.
- Fintech
- Short for financial technology, meaning apps and companies that offer money services over the internet.
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