The number of cyber crimes in India could touch 3,00,000 in 2015
Since payment alternatives such as UPI, e-wallets and USSD - based mobile banking through different platforms are directly or indirectly linked to the user's bank account one needs to be extra careful to keep hackers at bay, explains Adhil Shetty, CEO, BankBazaar.
Risks are increasing with 55 times increase in such transactions over the past three years, says a Assocham-PwC report
'Even if your phone goes missing for 15 minutes, be warned.' With e-wallets playing a larger role in transactions, these precautions are a must.
For stolen data, India had sought information about its taxpayers who had secret bank accounts in HSBC Geneva.
Delhi Police Crime Branch raided the office of a petrochemical co.
All you want to know about claiming insurance for your damaged vehicle after an accident.
As many as 641 customers across 19 banks have been duped of Rs 1.3 crore using stolen debit card data
Did you know that your home insurance covers valuables in bank locker?
Rediff Labs investigates the issue of child drug abuse in India in an attempt to quantify the seriousness of the issue.
Crime Branch of Delhi Police has recently filed a chargesheet.
Heralding an end to its banking secrecy wall, Switzerland will now share bank account and other details with foreign countries, including India, even without prior intimation to concerned persons and on the basis of queries emanating from stolen data.
A tiny Scottish island has been rocked by its first crime in about five decades -- a theft from its only shop.
In case of exchange, the automobile company offers the wholesale price on the old car, which can be 10-12 per cent lesser than the retail price.
Increasing instances of theft and break downs means you could easily lose expensive items.
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'
Does Abhijit Banerjee's Nobel Prize help India reduce extreme poverty, asks Rajeev Srinivasan.
By the time the security failure is discovered and fixed, the damage is already done. A CIO survey by Forcepoint and Frost & Sullivan found that 69 per cent of Indian organisations were at risk of data breach. Whenever there is data breach, there is a potential disaster waiting to happen.
Hackers broke into two card processing companies, raising the balances and withdrawal limits on accounts that were then exploited in coordinated ATM withdrawals around the world.
Union Finance Minister P Chidambaram's proposal about setting up an all-women bank -- first suggested in this year's budget -- received much acclaim.The proposed bank will lend mostly to women and women- run businesses, support women self-help groups and women's livelihood, Chidambaram had said.
Indian companies lose over Rs 6 crore (Rs 60 million) annually to data breaches resulting from system glitches, human errors and malicious attacks, security software maker Symantec said.
IIM-B, professor R Vaidyanathan talks to Shobha Warrier about black money, Mudra Bank and Jaitley's Budget.
With the cunning of a master thief, author Mohsin Hamid has stolen the form of a self-improvement guide with chapter heads that alternate between the mundane and the cynical
Twenty-six per cent of members who responded to an annual survey said their proprietary data or trade secrets had been compromised or stolen from their China operations, the American Chamber of Commerce in China report said.
Reduce the credit limit on your card if you do not use it. Most banks have this facility, and the original limit can be restored if you need it.
"We ran a clean bid. I know that others did not, and I have shared what I know with the authorities," the Football Federation Australia (FFA) chairman wrote.
To become an algorithmic trader, you need three things: Knowledge of financial markets, quantitative skills, and coding skills, suggests Nitesh Khandelwal.
'The history of Moody's India ratings tells its own story,' points out T N Ninan.
Installing good anti-theft devices can reduce your premium by 2-3%.
Reliance has no illegal Swiss Bank accounts.
The Alto received this title in 2010 and retained it for the following year as well, however in 2012, the top spot was stolen by VW Gol which is a sort of Brazil's Alto.
'Has the Supreme court even remotely said that PM Modi is not chowkidar?'
If the credit card is not used judiciously, it can cause havoc with one's personal finances, warns Sarbajeet K Sen.
At a time when services are rapidly digitising in India, enterprises are witnessing a rise in cases of sensitive data exposure risks and breaches.
Industry data suggest that we lose more than 10,300 hours a year retrieving lost passwords, making new ones or talking to call centre representatives about those. And it gets much worse if a password is stolen and misused.
India-born US Attorney for the Southern District of New York Preet Bharara said while 11 individuals were arrested in the US, another 13 were arrested in the UK, Bosnia, Bulgaria, Norway and Germany in the largest coordinated international law enforcement action in history directed at the 'carding' crimes -- offences.
She said then defence minister Manohar Parrikar had replied to the letter asking the official to remain 'calm' as everything was 'alright'.
The central bank asked lenders to specify potential risks as low, moderate, high and very high
The global study covered 17 countries.
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