Cyber criminals are using apps and young women to trap people through mobile phone calls and video chats.
FIFA said on Wednesday it had fired General Secretary Jerome Valcke, once one of the global soccer body's most powerful figures, amid alleged corruption involving World Cup ticket sales.
With this, India joins 60 other countries that collect PNR details of international passengers.
Indian companies lost around $53 million (about Rs 328 crore) due to phishing scams with the country facing over 3,750 attacks in July-September this year, making it the fourth most attacked nation globally.
An Indian-origin conman was on Wednesday found guilty of murdering a millionaire oil executive in her central London flat to fund his gambling habits. Rakesh Bhayani from Wembley in north-west London was convicted at the Old Bailey court in London for the murder of Carole Waugh, who had disappeared from her Marylebone flat in May 2012.
While making online purchases, the cardholder will have to use this second verification apart from the card verification value number, which is the main saftey parameter used presently. As per the RBI guidelines, customers will have to register their cards from tomorrow onwards with the respective merchants--Visa or Master Card and create a security password.
The number of cyber crimes in India could touch 3,00,000 in 2015
The Indian financial system's asset quality improved despite the pandemic, but it could be due to special dispensations by the regulator, and banks would likely see increased stress on their books once the schemes expire. According to the annual trend and progress report of the Reserve Bank of India (RBI) released on Tuesday, the data available for this financial year so far indicate that banks' bad debts have moderated while provision coverage ratios (PCRs), capital buffers as well as profitability indicators have improved relative to pre-pandemic levels.
Besides the young techies and nerds who indulge in hacking for fun and as a challenge to break into important and tightly secured sites, crime syndicates are on the prowl to steal passwords, account details and personal information to indulge in illegal money transfers, ATM withdrawals and other damaging activities.
Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.
'Every man in the hot seat needs trusted cops to grind their axe with political opponents.' 'And that's what explains Waze's importance; him investigating the fake TRP scandal, his arrest of TV journalist Arnab Goswami, and heading the investigation into the Antilia bomb scare case.'
Do not trust any incoming phone calls or mails that ask you to install any file or programme, warns Niranjan Upadhye, general manager-fraud risk management, Worldline India.
If there is a morality tale here, it is that debt and death spare no king.
Do not share your passwords or personal information with anyone.
Every online user must put these additional security layer in place to prevent theft of their online identities and vital information like user IDs and passwords
A specialised force with 1,000 personnel to be formed in the state for the same.
One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.
In an attempt to acquire consumers, banks have been providing a lot of technology-enabled services, which used to be offered free.
With cyber criminals becoming savvier by the day, learning how to safeguard yourself is imperative.
If Sebi and RBI remain quiet about this brazenly illegal activity, will someone in the finance ministry or the NITI Aayog take a closer look, asks Debashis Basu.
Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.
Be cautious when purchasing from little-known Web sites.
If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.
At times, banks violate all banking norms, resulting in a customer's accounts wiped clean through illegal ATM withdrawals.
Thomas Ninad's bank account was defrauded of Rs 14 lakh under mysterious circumstances.
Digitisation is changing the banking business. This shift has resulted in a change in banking job profiles.
Inoperative accounts are those accounts where contributions are not made for more than 36 months. The Employees Provident Fund Organisation has stopped crediting interest in these inoperative accounts.
This is likely to put a brake on the fast pace at which Aadhaar cards have been issued so far to more than 400 million people.
Like Air India, there have been recent cyber attacks on some major airlines, including one in Canada, and a global airlines alliance
The Indian-American community in the New York-New Jersey-Connecticut tristate area is being targeted by telephone fraudsters.
Going to the bank and using your passbook to find out your bank balance while still available and widely used, technological innovations have brought your bank at your fingertips.
Two Indian brothers are among four men who have been indicted by a US federal court on charges of providing material support to slain Al Qaeda leader Anwar al-Awlaki, prosecutors said.
Obscenity, cheating and sexual exploitation are India's leading cyber crimes, reports Chaitanya Mallapur.
Digital-pay companies see 10x growth spurt after demonetisation, report Ayan Pramanik & Shine Jacob/Business Standard from Bengaluru.
The RBI view comes within a fortnight of the sectoral regulator FMC in a report stating that the promoter Shah and promoter company Financial Technologies are not eligible to run the crippled exchange, an order challenged by the group in the Bombay High Court.
Salaried individuals may not need to file revised returns as they have only one source of income and there are lesser chances of erring while filing returns
Cyber thieves have been using RBI logos to send out mails to cheat customers
India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.
The much-awaited event is finally over. And here is what you need to know about it!
These trips can be as short as a month to 45 days.
