Get latest articles and stories on Business at LatestLY. The need for encryption was underscored by some of India s top cybersecurity experts, and former law enforcement officers at the launch of the joint study by The Dialogue and DeepStrat on National Security implications of weakening encryption, released at an event held on January 12, 2022. Business News | Former Law Enforcement Officers and Security Experts Highlight the National Security Challenges of Weakening Encryption.
The need for encryption was underscored by some of India’s top cybersecurity experts, and former law enforcement officers at the launch of the joint study by The Dialogue and DeepStrat on National Security implications of weakening encryption, released at an event held on January 12, 2022.
Understanding the Encryption Debate in India carnegieindia.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carnegieindia.org Daily Mail and Mail on Sunday newspapers.
Hundreds of mobile lending apps have mushroomed in India as smartphone use surged and the government encouraged digitisation in banking, with financial technology (fintech) firms rushing to fill the gap in access to loans. Reuters
As the founder of a consumer rights non-profit in India, Karnav Shah is used to seeing sharp practices and disgruntled customers. But even he has been surprised by the sheer volume of complaints against digital lenders in recent years.
While most of the grievances are about unauthorised lending platforms misusing borrowers’ data or harassing them for missed payments, others relate to high interest rates or loan requests that were rejected without explanation, Shah said.
Some users have found that these apps have high lending rates, aggressive recovery methods and serious data breaches. Their algorithms also exclude women and other minorities.