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Financial frauds in India rose 65% between 2021 and 2022: Finance Ministry
National Payment Corporation of India informed the Parliamentary Committee that, on average 2,000 customers are impacted by cyber frauds in India every month
How RBI has empowered card customers with an additional layer of security
The option to switch on and off international or online usage gives an additional layer of security
Maharashtra tops in ATM frauds, Delhi, Tamil Nadu, Karnataka follow
In Maharashtra, people lost Rs 4.8 crore to bank fraud, while in Delhi people lost Rs 2.9 crore
RBI alarmed by ATM frauds; asks banks to implement strict security measures
RBI has directed banks to implement anti-skimming and whitelisting solutions by March 2019
