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Cyber fraud victims should be immediately compensated by financial institutions: Parliamentary panel

by AIP Online Bureau | Aug 2, 2023 | Banking & Bancassurance, Indian News, Risk Management, Technology

“What we have suggested is if the consumer files a complaint that they have been the victim of cyber crime fraud, then they should automatically get the money back into their accounts. Up to a certain limit of course. The onus should be on the financial institutions...

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