← Back to News
Crypto

India warns AI-powered hackers targeting crypto exchanges at ‘machine speed’

India’s cybersecurity agency says a threat actor is escalating an AI-assisted hacking campaign targeting crypto exchanges and other financial firms.

Cointelegraph•

India’s cybersecurity agency says a threat actor is escalating an AI-assisted hacking campaign targeting crypto exchanges and other financial firms.

India’s national cybersecurity agency warned that an AI-assisted threat actor has escalated its attacks on cryptocurrency exchanges and other financial businesses, stealing wallet keys and siphoning funds.

The Indian Computer Emergency Response Team (CERT-In) on Wednesday designated the threat actor as “CRAFTY FALCON,” in an update to a campaign it first warned about in October. The latest advisory has now explicitly identified crypto exchanges among affected businesses and detailed the use of AI attack tools.

According to CERT-In, attackers exploited vulnerable applications and exposed testing environments, using shared credentials and access tokens to move into production systems. They also targeted cloud infrastructure to deploy malicious files.