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PIN SKIMMING PROTECTION
Kaspersky predicts top cybercrime trends for 2020In 2019, the firm noticed that criminals were carrying out targeted attacks on financial institutions like banks. This is set to increase i...
Digital fraud is via Internet or OS, we avoid those: Karl P Kilb III, CEO BoloroFraudsters are coming in through malware, SIM swap, exploiting loopholes in the systems.
Credit, debit card frauds and how you can avoid themFind out the ways in which credit or debit card scams take place and the steps you can take to prevent identity theft and fraudulent transa...
If you have this SBI ATM card, you will have to get it replaced. Check details hereSBI has urged the account holders, who have magstripe debit cards to shift to EMV chip debit cards by December 31st.
How your financial data can get stolenWhile banks usually ask for verification, the rule is applicable only when the account holder calls the bank and not the other way round.
RBI red flags unsecure ATMs: This is your liability if you are defraudedThe RBI has again pointed out that banks have not taken steps to secure ATMs running on old software despite being warned about these a yea...
What Raghuram Rajan did to protect customers like youRaghuram Rajan did not usher in just headline-grabbing macro measures for banking, he also took steps to protect the layman’s interests as ...
RBI Instructs Banks to shift to chip based models of cards to reduce theftThe Reserve Bank of India has instructed banks to shift from magnetic stripe based ATM and debit cards to EMV chip and Pin based model of c...
SBI's new debit cards to have EMV chip & pin securityCountry's largest lender SBI will issue EMV chip and pin based debit cards to its new customers to ensure enhanced secure transactions.
Russian software virus ' Tyupkin' forces ATMs into maintenance mode and spew cashA Russian teenaged hacker's tentacles are suspected to have reached deep into India after some people were discovered trying to rob ATMs in...
Safeguard your cards against fraudsYou could opt to protect your cards through insurance policy and standalone card protection companies but ensure you read the fineprint to ...
RBI to banks: Only chip, PIN based debit/credit cards from SeptemberThe Reserve Bank asked banks to issue only chip-based and PIN enabled debit and credit cards from September, a move aimed at protecting cus...
Five things to know about contactless credit and debit cardsContactless credit and debit cards allows communication between NFC-enabled objects at a minimum distance of 4 centimetres.
Adopt Aadhaar authentication for card-based transactions: RBIThe Reserve Bank today advised banks that they may adopt Aadhaar as additional authentication or move to EMV chip and pin technology.
Will chip-based cards succeed in reducing credit card fraud?The RBI’s new directive to banks to switch to chip-based cards from December this year is aimed at reducing credit card fraud. Find out all...
How to avoid online identity theftIn today’s cyber world, where most of your personal information is online, it’s easy for fraudsters to steal and misuse it.
- How to keep your debit and credit card secure
There are various layers to card security and many ways that banks use to protect you from fraud.