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BANK ATM FRAUD
Time for India to focus on business of business, says Uday KotakUday Kotak, Founder and Director of Kotak Mahindra Bank, emphasized that it is time for India to focus on the business of business now that...- Can you use UPI abroad? Here’s what Indian travellers must know about charges, limits and security risksIndian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While ...
- Bengaluru techie quit his Rs 30 lakh job to chase a dangerous dream, only to end up being arrestedDelhi Police have arrested a 31-year-old Bengaluru-based software engineer, Ravi Rathore, for allegedly running a fake online trading racke...
- 'They said it was for tax and fees': Senior citizen spends Rs 64 lakh to 'recover' old insurance funds, ends up with a police notice for criminal activity insteadA 62-year-old senior citizen from Navi Mumbai was cheated of Rs 64 lakh over four years by cyber fraudsters who posed as officials from the...
- Public sector banks told to take quantum leap in encryption for added securityIndian banks are preparing for a quantum computing future. The finance ministry has asked public sector banks to explore quantum-resistant ...
- What’s behind the bitcoin ATM crackdown? Rising crypto ATM fraud and growing risks are forcing strict 60-day shutdown orders across the U.S.What’s behind the bitcoin ATM crackdown? Rising bitcoin ATM and crypto ATM fraud risks are driving strict 60-day shutdown orders across the...
- SBI ATM fraud: Customer to get full refund with 10% interest from State Bank of India, orders Delhi State Consumer CommissionAfter an 11-year legal battle, an SBI customer has won a case against the bank for fraudulent ATM withdrawals. The Delhi State Consumer Com...
- Some ATMs to retract cash to tackle fake shutter overlay fraud: RBIThe Reserve Bank of India is partially reactivating ATM cash retraction, a feature disabled in 2012 due to fraud. This move combats a new "...
- This ATM fraud can clean out the money in your bank account; how the scam happens, tips to stay safeATM fraudsters target victims by trapping cards, tricking them into revealing PINs, and stealing money. Recent arrests shed light on their ...
- Victim of ATM card fraud? SBI to issue refunds to affected customersCases of using cloned ATMCards have been reported in Delhi. There appears to be a possible compromise at an ATM of another bank. Affected S...
- Net banking & card frauds up 50%, Delhi is ATM con capitalThe numbers of ATM frauds in public sector banks were, however, more revealing. While State Bank of India, with over 58,000 ATMs across Ind...
- You may not be able to use ATM twice a day if banks have their wayThe report says that the banks want to allow just one transaction per a certain period, say 12 hours.
- ATM ‘fraud’ hits 40 customers at PNB branch in DelhiThe customers got “failed transaction” reports after their withdrawal attempts. Six customers have complained to police.
- ATM Skimming: Read this to save yourself from the new ATM fraud78 customers of leading public and private sector banks have allegedly lost over Rs 20 lakh.
- 25% ATMs of public sector banks may be vulnerable to fraudATMs run by PSBs may be vulnerable to frauds as 74% of cash dispensers are running on outdated software.
- Cyber fraud: Banks shouldn’t be able to get away with itThe shocking part of this whole affair is that during those six weeks, no thinking seems to have been done on causing the minimum inconveni...
- ATM fraud: How to withdraw cash, but keep bank balance intactThese tricks are old hat when compared to the latest ATM fraud that has taken Bengaluru by storm due to its ingeniously effortless techniqu...
- Crores swindled from banks as fraudsters exploit design flaw in ATMsThe technique involves withdrawing money from an ATM, taking out a part of the currency notes it throws up & letting the machine swallow th...
- ATM frauds getting more sophisticated: ExpertsFraudsters use special devices like skimmers, duplicate ATMs, to withdraw stacks of money from ATMs. Day in pics | Guarding credit card | E...
- For fraudsters, ATM is indeed all time money!Not just net banking and credit cards, even ATMs are emerging as soft targets with fraudsters constantly evolving their techniques. Weekend...
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