To combat the surge in digital payment frauds, major Indian banks are collaborating with the RBI to develop the Digital Payment Intelligenc...

A Reserve Bank report highlights the surge in cyber frauds amid increasing digital transactions, urging regulated entities to raise awarene...

According to the FBI, US citizens in the age group of 60 and above lost $3.1 billion to cyber fraud in 2022, an 84% increase from 2021. The...

A meeting chaired by the Financial Services Secretary also deliberated on how to ensure better coordination among various agencies to check...

The government is taking steps to combat cyber fraud in the financial sector by blocking IMEI and imposing withdrawal limits on suspicious ...

To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financia...

The Finance Ministry has called a meeting to discuss steps to combat digital payment fraud and cyber security issues. The meeting, chaired ...

"Banks've taken lesser than what is normally an average time to detect these kinds of frauds," Finance Minister Nirmala Sitharaman said.

The technology will help organizations meet the RBI advisory on preventing internet retail banking fraud in India, the company, backed by F...

The analysis of these statistics shows that in the second quarter, the number of fraud cases reported in SBI reduced by just nine, while th...

As per data maintained by the National Crime Record Bureau (NCRB), total 5693, 9622 and 11592 cybercrime cases were registered in 2013, 201...

CBI Director favoured "strong action with surgical precision" to check banking frauds which has led to accumulation of NPA worth Rs 2.22 la...

Today, assessing, improving, and monitoring fraud risks are key elements of an effective internal control structure.

In 2013, a total of 28,481 Indian websites were hacked by various hacker groups spread across the globe. The number of hacking incidents we...

Data processed by MCA21 project will also be shared with RBI & Central Statistical Office for enabling estimation of the macro-economic agg...

Reserve Bank Governor D Subbarao today said mobile banking should be driven by banks, not telecom operators, considering money laundering a...

The non-banking finance companies (NBFCs) are set to face stringent reporting norms by the Reserve Bank of India.