Recently, when Kapil Raj returned from a business trip abroad, he was shocked to know his credit card had been misused. "Your card has been compromised," informed his bank. They asked Raj to......
Illustration: Uttam Ghosh/Rediff.com From launching campaigns like 'RahoCyberSafe' and 'Vigil Aunty' to urging their customers to buy retail cyber insurance policies, banks are taking......
The Reserve Bank of India (RBI) recently said no entity in the card transaction or payment chain, apart from the card issuers and card networks, will be allowed to store sensitive user data from......
Air India's passenger service system provider SITA faced a sophisticated cyberattack in February this year leading to leak of personal data of 4.5 million passengers -- which included passengers of......
The RBI is not willing to ease its stance on tokenisation, insisting that payment facilitators cannot store customer card details. Illustration: Dominic Xavier/Rediff.com The payments industry is......