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SBI CYBER FRAUD
Insurers racing to ‘AI-proof’ systems as IRDAI flags risksIndian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven...- Beware! Finance Secretary Nagaraju warns banks about risk from MythosIndian financial authorities are alerting banks to the significant risks from advanced AI models. Secretary M Nagaraju highlighted the pote...
- How a Rs 20 electricity bill payment by an SBI customer led to the bank paying Rs 2.2 lakh in compensationA State Bank of India customer was defrauded of ₹1.99 lakh after attempting a ₹20 electricity bill payment. The National Consumer Disputes ...
- Will your SBI YONO app be blocked if you don’t update your Aadhaar? Check realityA viral WhatsApp message falsely claims SBI customers must download an APK to update Aadhaar KYC, warning of YONO app blockage. The PIB Fac...
- Fraudsters target SBI customers in mobile number change fraud; bank asks customers to stay alertSBI has alerted customers about a new fraud targeting pensioners, where scammers attempt to replace registered mobile numbers to intercept ...
- SBI will call you from these numbers: Check the numbers to avoid cyber fraudsThe Reserve Bank of India in January directed all banks and regulated entities (REs) to call customers only using phone numbers that begin ...
- SBI reward points scam: Govt alerts SBI customers about new scam asking users to download apk linksThe government's Press Information Bureau has issued a warning about a scam involving a fraudulent 'SBI Rewards' app. Users are urged not t...
- Delhi HC holds SBI accountable for cyber fraud, orders Rs 2.6 lakh refund, penalty, and compensation for victimDelhi High Court directed State Bank of India to return 2.6 lakh rupees. A man lost the money to cybercriminals. The court found SBI's resp...
- Govt teams up with SBI Cards, telcos to combat OTP fraudsThe Centre is trying a solution that will allow banks to track the registered address as well as geolocation of a customer and where an OTP...
- Govt disconnects 70 lakh mobile numbers involved in financial frauds: DFS SecretaryTo check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financia...
- Bank must refund money to customer for reported online fraud: CourtThe Navsari Consumer Disputes Redressal Commission (CDRC) has ordered the State Bank of India (SBI) to compensate a victim of UPI cyber fra...
- Government warns SBI customers not to reply to this fake messageA fake message is in circulation claiming that the customer's SBI account has been blocked.Individuals who have to raise any complaints can...
- Cyber chief's warning as hackers target PM's Covid fundTalking to ET Online, in a telephonic interview Lt Gen.Pant said, “In the past two months almost 4000 fraud portals related to Corona Virus...
- Internet companies team up to tackle e-fraudSeven leading internet companies are banding together to save their consumers from the rising menace of cyber frauds being carried out by d...
- SBI takes lead in blockchain, to use it to prevent fraudThe SBI's initiative, christened Bankchain, is in partnership with IBM, Microsoft, Skylark, KPMG and 10 commercial banks.
- Banks rush to buy cyber security cover as digital payments riseThere are various cyber insurance covers available in the country, but it is the cyber liability insurance which is in maximum demand for t...
- Surge in Debit card usage has banks on alert for fraudDemonetisation move has curbed cash in the circulation, a move that is seen bearing fruits over long run in terms of throttling unaccounted...
- Bank of Maharashtra customers face credit card fraud nowSince the regional bank does not have its own plastic money business, it has hired SBI Cards to sell cards to its customers.
- Banks still don't buy cyber fraud coversAll three banks have taken the mandatory 'bankers indemnity' insurance cover, they have not insured themselves against data breaches and cy...
- Mumbai Police rope in SBI for cyber crime awareness driveMumbai Police and the country's largest lender State Bank of India today jointly launched a cyber crime awareness campaign.
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