PhonePe, Razorpay Race To Enhance Cyber Security Amid AI Threats | FP Explains

In this video, Firstpost explains why India's biggest digital payments companies, including PhonePe, Razorpay, Cashfree and PayU, are strengthening their cybersecurity defences. The move follows a wave of cyberattacks targeting around 20 Indian financial institutions, with hackers using stolen credentials and AI-assisted tools to exploit vulnerabilities. As UPI transactions hit record levels, fintech companies are turning to artificial intelligence, automated threat detection and tighter…