Use UPI for banking? Be wary of crooks who will cheat you out of your money

According to a media report, loopholes in the UPI app have been exploited by cyber criminals

The Unified Payments Interface (UPI) may not be as safe as the government has said it is. Citing police sources, Mail Today on Tuesday reported that criminals were exploiting loopholes in the UPI mobile app to steal money from banking customers. 

Digital security concerns have assumed greater importance as the Modi government steers India towards a less-cash, digital economy. The UPI, being one of the foundation stones of such an endeavour, needs to be airtight when it comes to security. However, according to the report, cops say that the new trend among cybercriminals is to fraudulently withdraw