₹300 crore is 3 billion rupees. It is a media estimate, not a total confirmed by the RBI.
Confirmed victims
- Small Indian NBFCs (not named)
Attribution
- ARTEX basis
- Media say investigators linked some attacks to tools such as Artex. The role of the tool in each incident has not been established.
- Actor
- Not named.
- Same attacker?
- Whether it is the same as CRAFTY FALCON is not confirmed.
Figures and definitions
| Losses | About ₹300 crore over two months (Economic Times-affiliated reports); The 420 says 18 months |
|---|---|
| Cases | About 150 complaints or FIRs; another analysis gives 255 cases and about ₹72 crore; the two do not match |
Related events
Sources (2)
- 2026-10 Media NewsBytes AI attacks steal 300cr from India's small NBFCs
- 2026-10-29 Secondary OECD.AI AI-Powered Cyberattacks Cause Major Losses to Indian NBFCs