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India Warns of AI-Powered Attacks on Crypto Exchanges

India Warns of AI-Powered Attacks on Crypto Exchanges

An escalating cyber campaign is exposing crypto exchanges and financial firms to AI-assisted attacks designed to bypass security controls and drain funds.

India’s national cybersecurity agency has warned that an AI-assisted hacking campaign targeting cryptocurrency exchanges and other financial institutions is escalating, with attackers stealing wallet keys and draining funds. In its latest advisory, the Indian Computer Emergency Response Team (CERT-In) identified the threat actor as ‘CRAFTY FALCON’, updating an earlier warning issued in October to explicitly include cryptocurrency exchanges among the affected businesses.

According to CERT-In, the attackers use AI to identify…

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