Indian Financial Institutions See Spike in Deepfake-Based Fraud Attempts, Seqrite Predicts 2026 Trend
As India’s financial ecosystem becomes increasingly digital and real-time, a new class of threat is beginning to take shape. Deepfake-enabled fraud, powered by artificial intelligence, is emerging as a high-impact attack vector targeting financial institutions, customers, and transaction ecosystems.
Amidst this, Seqrite, the enterprise security arm of Quick Heal Technologies Limited, a global provider of cybersecurity solutions, highlights a growing trend of AI-driven impersonation attacks that leverage synthetic voice, video, and identity manipulation to bypass traditional verification mechanisms.
Unlike conventional fraud attempts, deepfake-based attacks are designed to exploit trust at scale. Attackers can mimic executives, relationship managers, or customers with high accuracy, enabling fraudulent authorisations, account takeovers, and real-time payment manipulation. These attacks are particularly effective in environments where speed of transaction often outweighs verification depth.
Insights from the India Cyber Threat Report 2026, developed by Seqrite Labs, reinforce the urgency of this shift. Between October 2024...
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