Home News Government Acts Tough To Prevent Cybercrime By Incoming International Calls Showing Indian Numbers; CHECK HERE These calls appear to be originating within India but are being made by cyber-criminals operating from abroad. Representational image Cybercrime And Financial Frauds: There has been a rising number of reports that scammers and fraudsters are making international … Read more
For Indian regulators seeking to crack down on potential fraud in the financial sector, Paytm may just be the beginning.India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group Corp. While the Paytm case … Read more
The government has taken action against approximately 1.4 lakh mobile numbers implicated in cyber crime as a measure to curb digital financial frauds, it was announced during a meeting chaired by financial services secretary Vivek Joshi on cybersecurity in the financial sector. “The department of telecommunications (DoT) analysed 35 lakh Principal Entities (PEs) sending bulk … Read more
NEW DELHI: Govt is taking strict action against mobile operators due to growing menace of unending pesky calls and financial frauds. Telecom regulator Trai has imposed a fine of Rs 110 crore as a “financial disincentive” on operators. And, an amount of nearly Rs 1,000 crore, that was siphoned off by cyber criminals, has been … Read more