From December 1st, 2013 onwards, the Reserve Bank of India has made it mandatory for debit card holders to use their ATM PIN for carrying out debit card transactions at any retail store. To put this system into place, all banks were instructed by the RBI to upgrade their Point of Sale (PoS) infrastructure. The […]
Over the last few days it has come to light that a global syndicate has been skimming Indian credit card users for the last 2 months. Several cases have been reported where people’s credit card bills and registered mobile numbers have shown fraudulent and unauthorized transactions. It is believed that the total unauthorized transactions so […]
Cyber criminals and malicious scammers are constantly at work to devise new ways to steal confidential user data. Unfortunately, such attacks are not just restricted to the Internet. A recently discovered spate of attacks enables scammers to steal credit/debit card details and these methods are increasingly carried out in the physical world. In brief, here […]