Data Leaks and Cyber Fraud Raise Questions Over Banking Security
Growing incidents of data leaks, cyber fraud and unauthorised transactions are raising concerns about the security of customers’ money and
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CYBER FRAUD
SBI Cracks Down on Dormant Accounts to Curb Cyber Frauds
State Bank of India (SBI) is tightening controls on inoperative savings accounts with zero balances to reduce the risk of
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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
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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
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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
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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
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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
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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
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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
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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
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