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Paytm moves Delhi HC claiming telcos not stopping 'phishing' over networks

It has further contended that under the statutory regime it is the telecom companies responsibility to prevent such fraud and deter the fraudsters through blocking and/or financial disincentives

financial frauds, frauds, bank frauds
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The messages usually contain some link which when clicked installs a software on the phone allowing the fraudster to get the customer's financial account details stored on the device, the petition has said

BS Web TeamPTI New Delhi
One97 Communications Ltd, which runs the online payment platform Paytm, has moved the Delhi High Court alleging that telecom service providers are not blocking fraudsters who are defrauding its customers by "phishing" activities over the various mobile networks.
Paytm has claimed that millions of its customers have been defrauded by the phishing activities over the mobile networks and the failure of the telecom companies to prevent the same has "caused financial and reputational loss" to it for which it has sought damages of Rs 100 crore from them.
Phishing is a cybercrime where people are contacted by email, phone calls or text

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First Published: May 29 2020 | 10:19 PM IST

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