Bank frauds up almost 300% in last two years, digital frauds up 708%: RBI
The number of frauds in the banking sector went up to 36,075 in 2023-24 year-on-year, but the amount involved reduced by 46.7 per…
By web-post | 2 minutes read
Google and CSA Singapore combat Android fraud with new pilot
Google has launched a pilot program aimed at enhancing financial fraud protection for Android users in Singapore. According to a…
By web-post | 2 minutes read
Pharma giant Alkem Laboratories faces security breach, Rs 52 Crores at stake
Pharmaceutical giant Alkem Laboratories has confirmed that a cybersecurity incident led to a fraudulent transfer of Rs 52 crore…
By web-post | 2 minutes read
Banks should fortify cyber security as fraud cases rise: RBI
The RBI has said that the banks should focus on fortifying cyber security and prevention of cyber frauds to safeguard their…
By web-post | 2 minutes read
American Express tests biometrics waters with SafeKey
American Express is adding facial and fingerprint recognition to its SafeKey technology via a new pilot program aimed at…
By web-post | 2 minutes read
Europol sounds alarm about criminal use of ChatGPT
EU police force Europol has warned about the potential misuse of artificial intelligence-powered chatbot ChatGPT in phishing…
By web-post | 2 minutes read
Over R75 million fraudulently deducted from SA private security workers' salaries - unions
Trade unions in the private security sector in South Africa allege that employers continue to swindle workers. They claim that in…
By web-post | 2 minutes read
Hyderabad police advise PSUs to implement cyber security measures
The Hyderabad police have urged government agencies to practise cyber hygiene and implement cyber security measures to prevent…
By web-post | 2 minutes read
Report reveals increased security risk for Instagram users
With the social media user base growing daily, social media account hacks are becoming increasingly common. However, user…
By web-post | 2 minutes read
Tamil Nadu cyber security on high alert as phishing attacks rise
Tamil Nadu Generation and Distribution Company (Tangedco) has recently cautioned the public against fraudulent messages stating…
By web-post | 2 minutes read
Karnataka to launch cyber security policy
IT/BT and Science and Technology Minister C N Ashwath Narayan has announced that the government will launch a cyber security…
By web-post | 1 minute read
Singapore to tighten digital banking security
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) are introducing more measures to…
By web-post | 2 minutes read
