Friday, 24 March, 2023

India rapidly changing into a global Ransomware Capital, warns NPCI CEO

<p>With cases of Cyberattacks increasing every day, India was labeled to be becoming the Ransomware capital of the world, said Dilip Asbe, the CEO of NPCI. The only way to reduce these attacks is to tokenise all payment mechanisms, he said. While tokenisation will reduce the risk to almost zero for card payments, it may cause friction amongst consumers in the short term, he elaborated.<br /> <br /> <br /> &nbsp;</p>