Capillary Technologies Loses ₹32.7 Crore in Deepfake Cyber Banking Fraud

How Did Capillary Technologies Become a Victim of a Deepfake Cyber Fraud? Capillary Technologies, a customer loyalty and engagement platform, has disclosed that one of its recently acquired overseas step down subsidiaries suffered a sophisticated deepfake enabled banking fraud, resulting in the unauthorised transfer of approximately €3 million (around ₹32.7 crore). In a regulatory filing, […]