How Hunto AI Protects This Regulated Indian Fintech (₹200 Cr+)
Industry
Fintech (Payments, FX, Prepaid Cards)
Employees
450+
Solutions used
Attack Surface Monitoring, Brand Monitoring
Location
India
About Customer
A payments and forex services provider in India (450+ employees; ₹200 Cr+ revenue), a 28-year-old, BSE-listed and RBI-regulated financial services company.
It operates forex and outward remittance services, and runs API-driven prepaid/co-branded card programmes (Rupay/UPI), along with money transfer and travel-adjacent services.Its licences include Authorised Dealer (AD-II) Forex and Prepaid Payment Instruments (PPI), positioning it in the flow of high-volume, digital transactions and partner ecosystems.
Why does this matters for cybersecurity:
PPI & cross-border FX workflows depend on third-party rails, issuer/acquirer integrations, cloud vendors, agents and franchise networks, expanding the external attack surface and brand-impersonation risks across web, mobile, social and domain infrastructure.
Five frameworks, zero room for error
Transcorp International Limited (TIL) is a 28-year-old, BSE-listed and RBI-regulated financial services company. It operates forex and outward remittance services, and runs API-driven prepaid/co-branded card programmes (Rupay/UPI), along with money transfer and travel-adjacent services.Its licences include Authorised Dealer (AD-II) Forex and Prepaid Payment Instruments (PPI), positioning it in the flow of high-volume, digital transactions and partner ecosystems.
Problem Statement and Challenges Faced
Like many Indian fintechs scaling digital issuance and remittances, Transcorp needed to tighten external threat visibility and evidence compliance across evolving RBI/SEBI norms:
RBI’s IT Governance & Outsourcing expectations (April 2023): Boards and CISOs must demonstrate governance over third-party/ cloud providers, security baselines, source-code escrow where relevant, straight-through processing (STP) controls, and auditable change management.
Legacy Cyber Security Framework (2016) & ongoing updates: Banks/REs must keep technology risk management and cyber-fraud controls current as threats evolve.
SEBI’s Cybersecurity & Cyber Resilience Framework (CSCRF) (Aug 20, 2024) & subsequent clarifications/extensions (Dec 31, 2024; Mar 28, 2025): For market-linked/regulated entities and partners, mandates cover governance, monitoring, incident response and periodic reporting—affecting any fintech interfacing with brokers/market infra or capital-markets services.
Specific pain points we addressed
Like many Indian fintechs scaling digital issuance and remittances, Transcorp needed to tighten external threat visibility and evidence compliance across evolving RBI/SEBI norms:
RBI’s IT Governance & Outsourcing expectations (April 2023): Boards and CISOs must demonstrate governance over third-party/ cloud providers, security baselines, source-code escrow where relevant, straight-through processing (STP) controls, and auditable change management. RBI Docs+1
Legacy Cyber Security Framework (2016) & ongoing updates: Banks/REs must keep technology risk management and cyber-fraud controls current as threats evolve. Reserve Bank of India
SEBI’s Cybersecurity & Cyber Resilience Framework (CSCRF) (Aug 20, 2024) & subsequent clarifications/extensions (Dec 31, 2024; Mar 28, 2025): For market-linked/regulated entities and partners, mandates cover governance, monitoring, incident response and periodic reporting—affecting any fintech interfacing with brokers/market infra or capital-markets services. Securities and Exchange Board of India+2NSE Archives+2
Business
Revenue exposure: Fraud/impersonation can depress load/usage on prepaid cards and remittance funnels; downtime on public assets impacts onboarding and KYC flows.
Regulatory risk: Findings in RBI/SEBI inspections (e.g., gaps in third-party oversight, weak external monitoring) translate into observations, directives, or penalties. RBI Docs+1
Hunto AI Solution
Our 100% autonomous, agentic external-threat detection AI continuously discovers, scores and mitigates exposures across your internet-facing footprint and brand surface.
What we deployed for Transcorp
RBI/SEBI-aligned gap check (Weeks 0-2)
Rapid gap analysis against RBI IT Governance & Outsourcing expectations (control ownership, STP integrity, vendor oversight, code escrow posture) and SEBI CSCRF reporting/monitoring primitives where applicable.
Outcome: Prioritised backlog of external exposures mapped to control references (e.g., asset inventory, vulnerability remediation SLAs, takedown workflows). RBI Docs+2Reserve Bank of India+2
Attack Surface Monitoring (ASM) (Go-live in Week 2)
- Autonomous asset discovery: Our agents enumerate domains, subdomains, IPs, cloud buckets, WAF/CDN edges, public code mentions and third-party panels tied to Transcorp’s brands and programmes.
- Risk scoring & compliance tags: Misconfigurations (TLS/DMARC gaps, open indexes, weak headers), exposed test/UAT artifacts, expired certs, default panels, leaked keys, and shadow APIs are flagged with evidence trails suitable for audits (RBI ITGRC/Outsourcing). RBI Docs+1
- Continuous verification: Agents re-crawl and re-test to confirm remediation and maintain an evidence-grade change history.
Brand Monitoring (Parallel launch in Week 2)
Look-alike domain & app hunting: Fuzzy matching for IDN homographs and app store clones; early alerts for phishing kits and fake landing pages used to harvest PII/OTP/UPI handles.
Social & marketplace sweep: Detection of impersonation handles and mule-recruitment posts; automated takedown packages (WHOIS, registrar, host, platform evidence) accelerate removal.
Customer-safety overlays: Safe-link banners and “official channel” verification guides for CX teams to reduce fraud conversion during live campaigns.
Operationalisation & Training (Weeks 3-4)
Playbooks: RBI/SEBI-aligned incident playbooks (intake → triage → escalation → takedown → closure) with board-level dashboards for oversight.
Team enablement: Short modules for risk owners (IT, Marketing, Agency partners) to reduce time-to-fix and avoid re-introducing risks during launches.
Ongoing Support & Reporting
Quarterly compliance packs: Evidence-ready exports mapping our controls to RBI ITGRC/Outsourcing clauses and SEBI CSCRF sections, plus metrics for audits/management committees. RBI Docs+2Reserve Bank of India+2
Impact
Why this maps cleanly to RBI/SEBI expectations
Governance & Outsourcing (RBI, Apr 2023): External monitoring, vendor visibility, escrow/ change-control evidence and STP integrity all feature in our ASM evidence packs and audit exports. RBI Docs+1
Cyber Resilience (SEBI CSCRF, Aug 2024 + clarifications/extension): Our continuous monitoring, incident/takedown workflows and periodic reporting align with CSCRF’s monitoring and response expectations for regulated interfaces/partners. Securities and Exchange Board of India+2NSE Archives+2
Digital Payments Security (context): As India strengthens authentication norms and fraud-prevention (e.g., risk-based checks alongside 2FA in new RBI directions), external threat telemetry becomes a front-line signal to adjust customer communications and controls. Reuters+1
Why this maps cleanly to RBI/SEBI expectations
Governance & Outsourcing (RBI, Apr 2023): External monitoring, vendor visibility, escrow/ change-control evidence and STP integrity all feature in our ASM evidence packs and audit exports. RBI Docs+1
Cyber Resilience (SEBI CSCRF, Aug 2024 + clarifications/extension): Our continuous monitoring, incident/takedown workflows and periodic reporting align with CSCRF’s monitoring and response expectations for regulated interfaces/partners. Securities and Exchange Board of India+2NSE Archives+2
Digital Payments Security (context): As India strengthens authentication norms and fraud-prevention (e.g., risk-based checks alongside 2FA in new RBI directions), external threat telemetry becomes a front-line signal to adjust customer communications and controls. Reuters+1
About Hunto AI
Hunto AI is a specialised cybersecurity partner for Indian banks, NBFCs, cooperative institutions and fast-scaling fintechs. Our agentic, autonomous threat detection platform quantifies external cyber risk, accelerates RBI/SEBI audit-readiness, and protects brand and revenue with minimal operational overhead.
Broadly, Hunto AI helps you quantify threats, mitigate them, and stay compliant. We offer:
- Advanced Threat Intelligence & takedown services (fraud kit tracking, marketplace scans)
- Cloud posture & API exposure discovery
- Phishing simulation & secure-by-design launch reviews for marketing/partner teams
- Zero-Trust advisory and Third-Party Risk evidence packs
Quantify your cyber risk with Hunto AI’s 100% autonomous, agentic external-threat monitoring.
Book a 30-minute walkthrough to see your live Attack Surface Map and a Brand Abuse Snapshot for your domains—no integration required.