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UPI transformed India but not immune to cybercrime; requires safeguards: Kerala High Court | #cybercrime | #computerhacker

“Like in many good initiatives, there are chinks in the armour; Charlatans commit Cyber Crimes and create byzantine maze of accounts, through which ill-gotten wealth is moved and parked,” the Court said.

The Kerala High Court recently flagged certain security concerns associated with India’s Unified Payment Interface (UPI) system. [Dr. Sajeer v Reserve Bank of India & Anr.]

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