Searched for
BIOMETRIC DATA FRAUD
SIDBI backing is a ‘huge stamp of credibility’ for Cedar Hill Capital: Sahil AnandSIDBI’s backing of Cedar Hill Capital’s fund marks a strong vote of confidence in its strategy of investing in AI-first enterprise FinTech,...
Bank of Baroda data breached: Is your account in danger? 7 things you can do to protect your accountBank of Baroda confirmed a data breach originating from a compromised employee email account. The lender insists its core banking systems r...
AI notetakers promise easy meeting recaps, but some professionals question their useAI notetakers offer convenience but pose significant data privacy risks. These tools convert all spoken words into searchable data, potenti...
New DHS rule could require DNA from every immigration applicant, regardless of ageThe Department of Homeland Security has proposed a new rule mandating biometric data collection, including DNA, for all immigration benefit...
Digital payments eye sharper success rates as biometrics, passkeys replace OTPsOne-time passwords (OTPs), the default second factor of authentication, have been prone to delivery issues, often leading to transaction fa...
UIDAI signs five-year R&D deal with Indian Statistical Institute on AadhaarThe five-year research and development agreement focuses on data-driven innovations, including improving biometric liveness detection and m...
UPI payment without PIN: Is NPCI considering face recognition and biometrics for authorising transactions?NPCI is reportedly considering enabling UPI payments via face ID or biometrics, potentially eliminating the need for PINs. This move aims t...
Inside India's e-Passport: What it is, how does it work, and why does it matterThe Indian government has introduced e-passports to enhance security and modernize international travel documents. These biometric passport...
Synthetic identity attacks and account takeover attacks see the highest growth in the BFSI sectorA research report by Experian highlights a significant rise in synthetic identity attacks and account takeover attacks within the Financial...
RBI to further strengthen security features of AePS to curb fraudsThe Reserve Bank of India announces plans to bolster security measures for the Aadhaar-enabled payment system (AePS) to combat fraud risks....
RBI to streamline Aadhar-enabled payment system, introduce additional risk management measuresRight now, there is no two factor authentication for Aadhar enabled payments, which is risky and the cause for many frauds. The customer ca...
What's KYC fraud and how to stay safe from this scamFraudsters are continuously finding new ways to bypass these checks and steal personal information or engage in criminal activities.
SBI, Bengaluru Police Commissioner, Kolkata police warn about this Aadhaar fraud; 2 ways to lock Aadhaar biometricsAadhaar biometrics: The fraud does not require SMS or OTP authentication, which is much more concerning. According to the reports, the Indi...
Scammers targeting Aadhaar payment system to drain bank accounts: Here is how to lock Aadhaar onlineBeware! Scammers are exploiting vulnerabilities in the Aadhaar-enabled Payment System (AePS) to empty bank accounts without SMS or OTP auth...
Fintechs bank on AI liveness tests to reduce AePS frauds“The software update is happening and should be completed very soon. Once it gets implemented across all biometric devices, it will be easi...
Can scamsters hack your bank account if they have your Aadhaar number?An Aadhaar number is linked with a host of financial services and an individual may fear that scamsters may hack their bank account, etc an...
Aadhaar card fraud: Follow this tip to prevent misuse