Tag: Credit Card

New research identifies common attributes of cybercrime networks, revealing how these groups function and work together to cause an estimated $445-600 billion of harm globally per year. “It’s not the ‘Tony Soprano mob boss type’ who’s ordering cybercrime against financial institutions,” says co-author Thomas Holt, professor of criminal justice at Michigan State University.

The Reserve Bank of India has proposed new rules to improve the safety features of debit cards and credit cards. While issuing and reissuing the debit and credit cards, banks must assure that all the debit cards and credit cards are permitted only for domestic purchases at ATMs and point of sale terminals, RBI said in an announcement.