RESERVE Bank Governor Shaktikanta Das has warned banks against mule accounts and asked them to set up their security measures against such accounts so as to curb digital frauds.
Addressing the heads of public and private sector banks here at the Mint Road headquarters, as part of the RBI'S continuing engagements with the top management of the regulated entities, the governor said there is "a need for banks to ensure robust cybersecurity controls and effectively manage third-party risks... banks must step up efforts against 'mule accounts' and intensify customer awareness and education initiatives, among other measures, to curb digital frauds."
Denne historien er fra July 04, 2024-utgaven av The New Indian Express.
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Denne historien er fra July 04, 2024-utgaven av The New Indian Express.
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