AI Shopping Agents Raise New Fraud and Payment Risks
As artificial intelligence agents begin taking a more active role in online shopping and payments, banks and financial institutions are
Read more
CYBER FRAUD
Bajaj Finance Launches Cyber Fraud Awareness Drive
Bajaj Finance has launched a financial literacy and cyber-fraud awareness programme in Odisha, focusing on helping consumers understand responsible financial
Read more
Kerala Police Partners with Banks to Combat Cyber Frauds
Kerala Police is preparing a joint action plan with banks to strengthen measures against rising cyber fraud incidents and improve
Read more
RBI Proposes New Digital Fraud Safeguards
The Reserve Bank of India has proposed four additional safety measures to strengthen customer protection and reduce losses arising from
Read more
SMS Scams in India Surge 146%
SMS-based scams and mobile banking fraud have risen sharply in India as criminals increasingly target customers through mobile channels and
Read more
PM Modi Highlights Digital Banking Safety Guidelines
Prime Minister Narendra Modi has outlined key dos and don’ts for digital banking users, emphasising vigilance around KYC updates, re-KYC
Read more
HDFC Bank Conducted Over 4000 Cyber Fraud Awareness Workshops in the Country
HDFC Bank, India’s leading private sector Bank, as a part of digital banking awareness drive, conducted series of cyber fraud
Read more
India’s FRI system prevents cyber fraud losses worth ₹660 crore in six months
India’s Financial Fraud Risk Indicator (FRI) system has successfully prevented cyber fraud losses amounting to nearly ₹660 crore within just
Read more
Scroll, Click, Scam: The Dark Side of Our Digital Footprint
Rujuta had just returned from a rejuvenating vacation, but an unsettling undercurrent lingered. Her phone buzzed incessantly with alerts of
Read more
RBI plans curbs on suspect bank accounts to fight cyber fraud
The Reserve Bank of India plans to soon change guidelines to permit banks to temporarily freeze accounts suspected of being
Read more