Crime & Law · India
Bank of Baroda CEO Highlights Rising Cyber Fraud, Calls for Increased Bank Investment
The Chief Executive Officer of Bank of Baroda has stated that cyber fraud is a real and growing threat to customers. He emphasized the need for banks to increase their investment in security tools to combat this rise. Additionally, the CEO highlighted the importance of improving digital literacy among customers to protect them from fraudulent activities. This statement comes amidst concerns about the increasing prevalence of cyber fraud impacting bank clients.
How outlets across the spectrum covered it
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- Centre (2): Business Standard, Business Today