Passwordless authentication is a paradigm shift from the conventional reliance on passwords for accessing digital services. This innovative approach eliminates the need for users to remember and input passwords, instead relying on alternative authentication factors. Here is what exactly passwordless authentication is.
The promise of quick financial gains has lured many into the web of deception. Cybersecurity, a vital aspect of Information Technology, plays a pivotal role in safeguarding personal data. Despite significant investments by tech firms in security measures such as fingerprint and facial recognition, criminals are evolving their tactics to dupe people.
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The government is taking steps to combat cyber fraud in the financial sector by blocking IMEI and imposing withdrawal limits on suspicious accounts. Representatives from RBI, TRAI, NPCI, and the Ministry of Information Technology discussed the need to address inert and mule bank accounts, which are often used in fraudulent activities.