Thursday, November 8, 2012

ATM Frauds Prevention In India

Reserve Bank of India (RBI) has recently released the Report of its Working Group on Securing Card Present Transaction that covers ATM Security and Credit Card Security issues as well. RBI has also recommended Cyber Security Due Diligence for Banks of India. One chief reason for this growth is that Banks in India are not serious about Cyber Security and they are not following the Recommendations of RBI. ATM frauds can be tackled by using Techno Legal Methods alone and neither Legal nor Technical Measures is sufficient in itself.

See Cyber Crimes Investigation Centre Of India for more.