OTP scams accounted for over one-fourth of all cyber frauds.
Cyberabad police apprehended nine individuals for allegedly operating an international fake call centre that defrauded Australian citizens of millions of rupees over two years.
'India is a big market for StanC, and it is also fastest growing economy in the world.'
Here's what you must know about the new rule, its implications, and whether it affects taxpayers' rights and privacy.
Goa has the highest number of people who could 'search the Internet for information and can send or receive e-mails and can perform online banking transactions'.
Four tips to enjoy a secured online banking experience.
According to Trend Micro's January-March, 2014 Threat Round Up, as law enforcement agencies are slowly being ramped up, cyber criminals are adding more layers to ensure anonymity to conceal their identities to avoid arrest.
Trend Micro's Security Roundup Report says there's been a huge jump in unauthorised access to your personal data; familiarity with prevention tools a must.
If anyone would have asked me 10 years back to transfer even Rs100 online, I would have refused. More than the money, I was concerned about my credentials being stolen! However, online banking has undergone a tremendous change since then.
'Save the entire chain of e-mail exchanges so that you have documented evidence to show you informed the bank about the issue.'
The 'severely' spreading virus of the Trojan family has been detected conducting its clandestine operations at the point of sale counters placed at retail terminals after the RBI made it mandatory in December last year for debit cards holders to punch in their PIN every time they make a purchase.
Bank account holders are no longer required to visit their bank branches to update 'know your customer' (KYC) details provided they have already submitted valid documents and not changed their address, the RBI has said. Instead, if there is no change in KYC information, they can submit a self-declaration through email-id, registered mobile number, ATMs, or any other digital channels. Following up on Reserve Bank Governor Shaktikanta Das stating that banks should not insist on branch visits for KYC updation, the central bank on Thursday issued guidelines for the same.
Cruelty by the husband (or his relatives) accounted for about 40 per cent of these cases. Delhi reported the highest number of cases of crimes against women (12,552) followed by Mumbai with over 5,000 cases.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
Despite a complex interface, online banking is fast gaining acceptance.
Responding to a question, he said, "It may also deal with fake news, though there is no specific mention in this regard."
Police in Guiyang, capital of southwest China's Guizhou Province, arrested Song Chenglin from northeast China's Harbin city.
'With a solid investment programme and sustainable development strategy, India can exceed 7 per cent growth per year, or a doubling of high-quality national income within a decade.'
There has been a 45 per cent growth in 'active internet users' in rural India since 2019, according a study by Nielsen, a global company for audience measurement, data and analytics. The Bharat 2.0 Internet report said that female active internet users grew by 61 per cent since 2019. The report said that India has 646 million active Internet users aged 2 years and above as of December 2021. Rural India has 352 million internet users--almost 20 per cent higher than urban.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.
Opposition members in the Lok Sabha on Monday blamed the Bharatiya Janata Party-led central government's policies for the price rise and accused it of ignoring the plight of common people, saying kitchens will soon "see a lockdown" if the Centre does not take corrective measures.
Of the 2,562 customer complaints received between January 2020 and March 2021, a majority relate to illegal apps. At least two dozen suicide cases have been reported, perpetrated by the harassment by loan app operators, points out Tamal Bandyopadhyay.
Instead of relying on technology that is not in their control, businesses should stop using SMS based OTPs and start using other software-based or hardware-based token authentication, which are in their control, says Venkata Satish Guttula.
India recorded 50,035 cases of cyber crime in 2020, an 11.8 per cent surge in such offences over the previous year, according to the National Crime Records Bureau (NCRB) data. The Reserve Bank of India (RBI) last week once again cautioned bank customers of fraud, including those in Know-Your-Customer (KYC) cases. In fact, certain frauds have become more prevalent than others, and being aware of them is the first step towards protect yourself. Mayur Joshi, chief executive officer, Indiaforensic.com, a company engaged in the prevention, detection, and investigation of frauds says, "It is necessary to learn, to read about these scams."
Umesh Sachdev's startup produces software allows people to interact with their phones in local languages.
Chief Information Security Officer (CISO) of HDFC Bank, Sameer J Ratolikar, will answer all your queries about secure banking in an online chat with readers on April 27, between 2 pm and 3 pm.
'I should be able both to post a joke or comment about a political leader and not worry it will land me in jail, as well as check my personal online bank account, and not worry it will be stolen,' Peter Warren Singer, author of a new book on the subject, tells Rediff.com's Vicky Nanjappa.
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
Basic precautionary tips to save you from online and credir card fraudsters
Today you can view your tax credit online, pay taxes online, file your return online, track the processing status in real time and also get the refund online directly credited to your bank account. You don't need to stand in queues anymore or or be at the mercy of the bureaucracy.
Global payment services major, Western Union, has tied-up with State Bank of India to enable international direct cash-to-account transfers.
The hacking, which extensively comprised information of 68,000 corporate login credentials and online banking sites, was discovered in late January, according to US-based computer security firm NetWitness.
Sample this. Five cyber-thieves, allegedly part of a network that hacked into the account of a Noida businessman, were nabbed today for a Rs 1.66 crore (Rs 16.6-million) cyber hack. They used Internet banking to transfer the money from the businessman's account with the Punjab National Bank's Noida branch to their own account.
Every fifth phishing attack registered between May 2012 and late April 2013 targeted users of banks and other financial organisations.
What is phishing and how does it threaten your online identity? Find out!
The RBI cracked down on offshore foreign exchange trading by Indians through online trading websites.
The Reserve Bank has cautioned the public not to fall prey to spurious offers made by a fake website in its name offering savings accounts.
Sidin Sunny Vadukut explores the wacky, wonderful world of modern banking.
Customers can electronically transfer money instantly to more than 1,000 branches of banks across India.
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