The Indian Cyber Crime Coordination Centre (I4C) has cautioned banks, non-banking financial companies (NBFCs) and fintech firms about a growing trend of financially motivated cyberattacks involving artificial intelligence agents.

In an advisory issued to financial institutions, I4C, which functions under the Union Ministry of Home Affairs, has asked them to urgently implement the measures prescribed in the advisories issued by the Indian Computer Emergency Response Team (CERT-In).

The advisory was issued after the National Cybercrime Threat Analysis Unit of I4C and CERT-In, under the Ministry of Electronics and Information Technology, observed a growing trend of cyber frauds involving cyberattacks on banks, NBFCs and fintech companies.

Financial institutions have also been asked to align their security controls with CERT-In’s May 2026 blueprint for reducing exposure and defending against AI-assisted vulnerability exploitation in digital infrastructure, as well as the cybersecurity frameworks prescribed by their respective sectoral regulators.

Financial institutions have been urged to report such incidents to CERT-In within six hours of detecting them. Banks and NBFCs are also required to report incidents to the Reserve Bank of India through its DAKSH portal within the same timeframe.