Monday, April 21, 2014

Indian Banks Arming Themselves To Fight the Rise in Cyber Crime

..........Addressing the annual conference ‘ITS Enabling The Digital World’ in Pune recently, G Gopalakrishna, Executive Director, Reserve Bank of India (RBI) pointed out that banks are not doing enough to create awareness amongst customers. In an age of EMV pins and Aadhaar (biometric validation), a lot is at stake. He urged banks to form risk management committees on the board levels in order to identify and specialise in tackling possible frauds.............

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