Financial frauds have seen a spike thanks to digital payment: Ajit Doval

News Network
September 18, 2020

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Thiruvananthapuram, Sept 18: Asking citizens to be cautious while being online, National Security Adviser (NSA) Ajit Doval said on Friday financial frauds have seen an exponential increase due to greater dependence on digital payment platforms following the Covid-19 pandemic.

He also said the Centre was coming up with the National cybersecurity strategy-2020 which envisions the safe, secured, trusted, resilient and vibrant cyberspace for India's prosperity.

He was delivering a lecture on Cybersecurity virtually at the COCONXIII-2020, data privacy and hacking conference hosted by the Kerala Police and the Society for the Policing of Cyberspace and Information Security Research Association. According to him, there is a change in the work environment that has been brought upon by the pandemic.

"There is a greater dependence on digital payment platform due to reduced cash handling and greater data sharing is happening online and presence on social media has also increased.

While we are able to manage our affairs online to a certain extent, malicious actors also found in it, a new opportunity," Doval said.

Doval said there was an increase of 500 per cent in cybercrimes due to limited awareness and cyber hygiene.

"Financial frauds have seen an exponential increase due to greater dependence on digital payment platforms.

The adversaries are tempted to exploit the crisis situation through various misinformation, fake news etc.

The huge cyber data floating in the cyberspace is a gold mine for extracting information that can undermine the privacy of our citizens..," Doval said.

He cautioned citizens while being online and said a responsible approach should be there while using the internet. The NSA complimented the state government and the Kerala police for the initiative. Inaugurating the conference, Kerala Governor Arif Mohammed Khan said with the increased reliance on the internet becoming a permanent feature of people's lives due to Covid-19, citizens need to be extra cautious while being online.

This edition of the conference was on the virtual platform this year due to the pandemic scenario.

"Various types of cybercrimes are happening in our country and it's high time that we take proper precautions against such crimes...," Khan said. Senior police officials, including state police chief Loknath Behera, participated on the first day of the two-day conference.

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News Network
October 17,2020

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Bhubaneswar, Oct 17: Soyeb Aftab, who topped the NEET on Friday with a perfect score of 720, credited his parents for the success, saying he never expected to bag the first rank in the medical entrance exam even though he was optimistic.

Mr. Aftab, the son of homemaker Sultan Razia and Sheik Mohammad Abbas who owns a small business, said it was his mother who motivated him to aspire for becoming a doctor.

“I will like to give all the credit to my mother who motivated me to aspire for being a doctor and stood by me all along,” he said.

Mr. Aftab, 18, said his father extended all the financial support but it was his mother who spent her maximum time supporting him on his studies.

He said that he moved to the coaching hub of Kota in Rajasthan after the class 12 board exam to prepare for the National Eligibility and Entrance Test (NEET).

“My mother and younger sister accompanied me to Kota and made all the arrangements for the

The Rourkela boy said most of his time during the day was spent at the coaching class.

“I studied for only three hours in the night initially, and eventually increased the time as the examination approached,” he said.

Mr. Aftab, who scored a perfect 720 out of 720 in the exam, said, “I am absolutely happy. There is no doctor in my family. I would like to study in AIIMS-New Delhi.”

“All the credit goes to my mother and father,” he said, reacting to his score.

Mr. Aftab said that he was confident of getting a place in the top 50 after verifying the answer key of all the questions but never expected to top the exam.

Mr. Aftab and Delhi’s Akansha Singh scored 720 out of 720 marks but the Odisha boy was ranked first and Singh second as per the National Testing Agency’s tie-breaking policy, officials said.

The tie-breaking policy takes into account factors such as age, subject-wise marks and number of incorrect answers, they said.

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News Network
October 27,2020

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Chennai, Oct 27: Chengalpattu Police today arrested actor Khushbu Sundar and a few BJP cadre near Muttukadu while she was on her way to Chidambaram to take part in the agitation organised by the BJP to protest the remarks of VCK president Thol Thirumavalavan on women quoting Manusmrithi.

The police had denied permission for the agitation at Chidambaram yesterday. Just after the arrest of Khushbu, BJP State general secretary KT Raghavan was arrested near Athur tollgate near Melmaruvathur. Police said both have been arrested as a preventive measure and would be released soon.

Speaking to media persons, a senior police officer said, "The arrest was a preventive measure given the pandemic situation. We had to avoid the mass gathering of people in Chidambaram to stop the spread of the virus. The detained members will be released before evening"

Just after her arrest, Khushbu tweeted: "Arrested.. been taken in police van. we will fight till our last breath for the dignity of women. H'ble PM @narendramodi ji has always spoken about the safety of women and we walk on his path. We will never bow down to the atrocities of few elements out there. BHARAT MATA KI JAI!"

In her second tweet, she targetted the VCK: "Cowards #VCK. Dont rejoice. Its your failure. Arrested bcoz they know we are a force to reckon with. We will not bow down. @narendramodi Ji shall take every step to ensure the respectability of every daughter of this soil. Darpoks VCK, respecting a woman is alien to you."

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Agencies
October 21,2020

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New Delhi, Oct 21: Canara Bank has written off bad loans worth thousands of crores of rupees and recovered paltry amounts from big defaulters. According to a report in Money Life, like other PSBs, Canara Bank also refused to share this information as well as names of defaulters under the Right to Information (RTI) Act. 

As per the report, data shared by Pune-based RTI activist Vivek Velankar shows that during the past eight-year period from FY12-13 to FY19-20, Canara Bank wrote off a total of Rs 47,310 crore while recovering just 19 per cent or Rs 8,901 crore from defaulters. 

The report said Canara Bank too used vague reasons of privacy for not sharing information like names of big defaulters with a bad loan of Rs 100 crore and above. 

In the reply to the RTI, the bank says, "Information sought is the personal information of the concerned and if disclosed would invade the privacy of those concerned and its disclosure does not have any relationship with public interest or activity and is exempted under section 8(1)(j) of the RTI Act." 

Velankar, who is also president of the Sajag Nagrik Manch, asks, "When a common borrower defaults, the same banks publish his name and all details through advertisements in newspapers. Then why do they want to keep names of big defaulters hidden under the privacy cause? Why doesn't the 'privacy' clause apply while publicising names of common borrowers?" 

In several judgements, the Central Information Commission (CIC) had ruled that to qualify for the exemption under section 8(1)(j) of the RTI Act, the information must satisfy certain criteria, such as personal information and public interest. 

The report said ordinarily, the adjective 'personal' is attributed to that which applies to an individual and not to an institution or a corporate. Therefore, it flows that 'personal' cannot be related to institutions, organisations or corporates, especially publicly listed entities with a large shareholding of retail investors. 

Hence, Section 8(1)(j) of the RTI Act cannot be applied when the information concerns institutions, organisations or corporates.

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