Do you frequently make online payments? Beware, security lapse may result into huge losses

The cases of cyber attacks are on the rise as India takes a quantum jump towards a cashless or less-cash society, especially after demonetisation.

According to some recent data, there was a 330 per cent rise in UPI payments in 2018 over 2017, while about 388 per cent increase in mobile banking, about 244 per cent increase in mobile wallets and over 569 per cent increase in prepaid payment instruments (PPI) were recorded over the same period. Click here for Full Story