Cybercrime Impact
Cybercrime has significant repercussions on individuals and society. It undermines trust in digital systems. Financial losses can be devastating for businesses and consumers. Personal data breaches lead to identity theft and privacy violations. The legal framework struggles to keep pace with evolving threats. Awareness and education are crucial in combating cybercrime. Collaboration between governments and tech firms is essential for effective solutions.
The Reserve Bank of India has launched an initiative to combat financial fraud. The Reserve Bank Innovation Hub...
December 7, 2024