-PTI MUMBAI: Reserve Bank will soon come out with final guidelines on customer protection which would limit customers liability in case of unauthorised electronic banking transactions, RBI deputy governor S S Mundra said on Tuesday. Last year in August, RBI had issued draft circular on limiting liability of customers in case on fraudulent banking transactions, resulting in debits to their accounts or cards. RBI had asked comments and suggestions on the same. "Based...

-The Times of India MUMBAI: Cyberspace security experts are worried about the risk to customers using Aadhaar numbers and one-time passwords for authentication of financial transactions after it was revealed that a large cache of Aadhaar numbers had become public. Bengaluru-based think tank, Centre for Internet and Society (CIS), has published a report highlighting how 13.5 crore Aadhaar accounts have been exposed by government departments. The report, by Amber Sinha and Srinivas Kodali,...

-The Economic Times NEW DELHI: The next time you queue up at the ATM for cash—an experience that has become increasingly onerous since demonetisation— it’s not just the long wait that should worry you. There’s a high probability the cash dispenser runs on software Microsoft stopped supporting more than two years back, thus making it vulnerable to hackers. Card details could be stolen—as they indeed were earlier this year--even as you...

-PTI NEW DELHI: With the usage of micro-ATMs and POS counters witnessing a sharp surge post demonetisation, the country's premier Cyber Security agency CERT-In has cautioned customers, bankers and traders against skimming and malware attacks on these systems and asked them to adopt high-end encryption to plug possible breaches. The CERT-In, nodal agency to combat hacking, phishing attacks and to fortify security-related defences of the Indian Internet domain, has issued two specific...

-The Hindu The Management Information System of MGNREGA is a way to providing data on implementation. But to achieve complete transparency it has to overcome several shortcomings The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is not only a pioneering livelihood security programme but also a great example of proactive disclosure of information through its Management Information System (MIS). It is the first transaction-based real-time system for any public works programme...