https://www.taxtmi.com/news?id=27017 Cybersecurity in the financial services sector and mitigation of online financial frauds focused on coordinated measures: real-time coordination among police, banks and financial intermediaries to track and block defrauded funds; faster alert-response from banks; appointment of regional/state nodal officers; a central registry for merchant onboarding and standardised KYC; and onboarding more financial institutions onto the Citizen Financial Cyber Fraud Reporting and Management System for consolidated reporting. en-us Wed, 29 Nov 2023 09:55:14 +0530 Wed, 29 Nov 2023 09:55:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27017 Cybersecurity in the financial services sector and mitigation of online financial frauds focused on coordinated measures: real-time coordination among police, banks and financial intermediaries to track and block defrauded funds; faster alert-response from banks; appointment of regional/state nodal officers; a central registry for merchant onboarding and standardised KYC; and onboarding more financial institutions onto the Citizen Financial Cyber Fraud Reporting and Management System for consolidated reporting. News - Wed, 29 Nov 2023 09:55:14 +0530 https://www.taxtmi.com/news?id=27017