I4C Warns Banks and Fintechs About AI-Led Cyberattacks
India's cyber crime agency I4C has warned banks, non-banking financial companies and fintech startups about cyberattacks that use AI. The warning comes as such attacks keep growing. Firms in the money sector are being urged to take the threat seriously and strengthen their defences.
Quick glossaryIndian Cyber Crime Coordination Centre, non-banking financial companies, fintech
- Indian Cyber Crime Coordination Centre
- India's government centre that coordinates the fight against cybercrime, working with police and other agencies.
- non-banking financial companies
- Non-banking financial companies are lenders that offer loans and credit but cannot take regular bank deposits.
- fintech
- Fintech startups use new technology to offer money services such as payments, loans and investing, often through apps.
Burning Potato score: 68%