AI PHISHING ATTACKS
Binance hack exposes limits of crypto exchanges’ emergency shutdown controls
Binance is calling it a “sophisticated, multi-stage campaign” and “not a single isolated breach or a simple phishing incident.”
From SBI to Binance, how financial institutions are becoming cyberattack targets
Recent incidents involving cryptocurrency exchange Binance and Indian public sector lender State Bank of India (SBI) have once again put the spotlight on the issue. While Binance reported a security breach involving unauthorised cryptocurrency withdrawals estimated at around $6.3 billion, SBI is investigating a suspected data leak involving nearly 3,900 customer records.
Kaspersky flags QR code payment scams as a key cyber risk for Indians travelling to Indonesia
As more Indian tourists move to Indonesia, Kaspersky's cybersecurity experts are sounding the alarm on rising online threats. They point out that travellers should be particularly careful about things like fake QR codes and phishing attacks, which are becoming more common. It's crucial for tourists to stay vigilant to protect themselves from these digital dangers.
Largescale cyberattacks test the limits of insurance cover
While businesses rush to enhance their cyber insurance cover, the incidents have triggered a debate over whether existing policies adequately cover emerging cyber risks. The biggest question insurers are policyholders seem to be confronting is: who pays when a vulnerability exposes thousands of organisations to the same threat?
AI-powered cyberattacks siphon ₹300 crore from small NBFCs in two months
Recent cyberattacks have inflicted an estimated loss of ₹300 crore on Indian NBFC, with around 150 fraud cases reported. Focus has shifted towards identifying Chinese hacking platforms and AI toolkit involvement in these incidents. Exploiting operational weaknesses, these cybercriminals persistently launch their attacks, leading to urgent calls for NBFCs to bolster their cybersecurity frameworks to fend off further threats and safeguard their operations.
Japanese companies compensate users as cyberattacks buffet economy
GMO Internet Group said customers would be compensated for losses stemming from unauthorised access following a cyberattack on its foreign exchange trading service, and all customers would receive 5,000 yen ($32) as "an initial gesture of good faith," CEO Masatoshi Kumagai said in a blog post on Sunday.
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What is a PHP vulnerability? Security flaws prompt shutdowns of major websites amid global cybersecurity response
Two critical vulnerabilities in PHP have prompted the shutdown of several websites across multiple countries. Cybersecurity teams are actively working to secure these potentially affected systems using emergency fixes provided by the PHP Foundation. Major organizations, including Wikimedia and government sites in Finland and the Netherlands, have taken precautions. Researchers utilized artificial intelligence to identify these security flaws, showcasing both its benefits and risks.

PNB cautions customers of AI-led cyberattacks amid surging frauds
Punjab National Bank has alerted its customers about the escalating threat of AI-generated cyberattacks. These advanced phishing techniques employ AI voice cloning to trick individuals into hastily carrying out transactions. The bank strongly encourages customers to stay vigilant, ensuring they verify communications through reliable sources. Emphasizing the need for good digital practices, the bank reminds customers that cybersecurity is a joint effort.

South Korea, Japan buffeted by hacks as AI lowers bar for cybercriminals
Nine South Korean banks and two mega-churches are probing cyberattacks that may have involved AI tools, while Japanese companies including Daiwa Securities, SoftBank Corp and the Lawson convenience store chain have been hit by a recent surge in cyber incidents.

Proofpoint doubles down on India amid rising cybercrimes, calls AI agents the new insider risk
Proofpoint is stepping up its India focus as AI adoption accelerates and cyber threats become more sophisticated. In an interview with ET, Bikramdeep Singh discusses the growing risks from autonomous AI agents, the shift towards intent-based threat detection, rising data security concerns and the need for greater enterprise controls. He also outlines Proofpoint’s India expansion, including plans to hire more than 200 engineers.

Death of the ‘obvious scam’: How AI is making cyberattacks look like normal emails
AI is making cyberattacks harder to detect as attackers use legitimate accounts, real conversations and familiar business workflows to evade traditional warning signs. At Proofpoint Protect 2026, executives discussed how agentic AI could automate attacks and why security must shift from checking access permissions to understanding intent. With AI adoption accelerating in India, Proofpoint is also expanding its local investments.

How Anthropic disrupted bioweapons research efforts, Russian hacking, Chinese Claude misuse
A growing number of illegal hacking attempts by rogue AI agents along with concerns over the technology's risks voiced by industry insiders have increased the pressure on leading pioneers in the field, raising the prospect of more regulation.

State-backed hackers are using Claude for espionage, surveillance and military operations: Anthropic
State-backed groups are now using artificial intelligence for cyber espionage and surveillance. Suspected Russian actors employed AI in a cyber espionage operation targeting over twenty organisations. Iranian actors utilised AI for reconnaissance and tool development against military infrastructure. AI is increasingly automating complex tasks, making operations faster and cheaper.

The more AI banks deploy, the bigger the cyber battlefield gets
Indian banks and fintech firms face growing AI-powered cyber threats. Attackers use AI to find vulnerabilities faster than before. Financial institutions are deploying AI to detect and respond to these evolving threats. This creates a new cybersecurity arms race for the sector. Banks must also manage new risks from AI agents accessing sensitive data.

AI fuels low-value cybercrimes, use of 'salami slicing'
The rise of low-value cybercrimes is alarming, as scammers increasingly focus on individuals rather than systems. Driven by AI and the digital economy, tactics like 'salami slicing' have become prevalent. Across India, fake utility scams and enticing investment schemes are rampant. Notably, although there are more cases with lower individual losses, formal bank fraud is leaning towards fewer but significantly higher-value incidents.

ET WLF 2026: Tech Inc calls for stronger AI governance to offset cyber threats
Indian businesses must enhance artificial intelligence governance for expanding cyber threats. Autonomous agents are increasingly used by attackers and defenders in cybersecurity operations. Organizations need to understand AI agent deployment and establish necessary guardrails. Cybersecurity budgets must grow alongside AI investments to address evolving risks. AI research suggests understanding model design is crucial for preventing unintended behaviors.

SilverFox hackers use fake Claude apps to target companies in Asia: Kaspersky
Cybersecurity group SilverFox is exploiting artificial intelligence across Asia Pacific. They distribute fake Claude AI applications for various operating systems. Kaspersky researchers identified SilverFox as a highly active threat group in the region. This group targets manufacturing, IT, healthcare, and finance sectors with sophisticated attacks.

North Korean hacking group builds AI tools for cyberattacks, report says
The cybersecurity firm, Genians, said it found evidence that the North Korean-linked group Kimsuky had set up tools for running and managing AI models locally, including Ollama, GPT4All and Msty, alongside document search technology known as retrieval augmented generation (RAG).

CrimeGPT comes knocking: Illegal AI services make cybercrimes cheaper and faster
Illegal AI services are making cybercrimes cheaper and faster. The threat is escalating as state actors and rogue networks weaponise frontier tech, writes Himanshi Lohchab.

AI making phishing harder to spot even for the tech savvy: CERT-In chief
Sanjay Bahl says AI has amplified existing cyber threats, underscoring the need for stronger cyber hygiene, continuous monitoring and regular security drills.

India Inc's email security gaps leave top firms vulnerable to attacks: Survey
The study analysed the 2025 Fortune 100 India companies, including Reliance Industries, TCS, Wipro and State Bank of India, to assess their adoption of Domain-based Message Authentication, Reporting and Conformance (DMARC), an email authentication standard that helps verify whether an email claiming to come from a company is genuine. The analysis was conducted in June 2026.

'Vibe hacking’: A new type of cybercrime is on the rise, warn cybersecurity experts
Cybersecurity experts are warning of "vibe hacking," a new AI-driven cybercrime where criminals automate and scale digital attacks. Specialized AI tools, some costing as little as $100, are being used for data theft and extortion, with AI significantly lowering the barrier for cybercriminals and enabling sophisticated attacks at unprecedented speed.

Just one slip and even Nithin Kamath got fooled. How an AI-generated mail hacked Zerodha founder's X account
Zerodha co-founder Nithin Kamath fell victim to a phishing attack, highlighting how AI-powered scams can bypass technical safeguards. A single click on a malicious link granted hackers brief access to his X account, though 2FA prevented further compromise. This incident underscores the critical need for human vigilance alongside robust cybersecurity measures.

Anthropic thwarts hacker attempts to misuse Claude AI for cybercrime
Anthropic has blocked hackers from misusing its Claude AI to create phishing emails, malicious code, and influence campaigns. The company shared findings to raise awareness of AI-related cybercrime risks Anthropic said it follows strict safety practices, including regular testing and outside reviews, and plans to keep publishing reports when it finds major threats.

Gmail under attack: Here’s why you shouldn’t switch to another email provider
With 2.5 billion users, Gmail is not the only target of these attacks, but it is the largest. Microsoft’s Outlook is another target.

AI written personalized emails from your loved ones could be a big scam; Gmail, Outlook, and Apple Mail do not have adequate defenses to stop this, here's why
Recent reports have revealed that Artificial Intelligence (AI) written personalized emails have eventually become a major tool for exploiting and are becoming increasingly difficult to recognize as fraudulent. Adding on to that, Apple Mail, Outlook and Gmail have also asserted that there are not enough defenses to stop what is going on.

Gmail users targeted by AI-driven phishing attacks
Google's anti-scam alliance is struggling to protect Gmail users from AI-driven scams. Cases like Sam Mitrovic's highlight how scammers use realistic AI calls and fake notifications to trick users. Co-founder of Y Combinator Gary Tan also warned about these scams. Google collaborates with global organizations to combat these threats.

Phishing attacks up 50%, education sector most targeted: Report
Phishing is a technique that attempts to acquire sensitive data, such as bank account numbers, through a fraudulent solicitation in email or on a web site, in which the perpetrator masquerades as a legitimate business or reputable person.
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