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  • News From Press Government mulls insurance cover for digital transaction frauds

    Government mulls insurance cover for digital transaction frauds

    Source: Economic Times Jul 22, 2017

    The government is "very seriously" considering the recommendations of the Chandrababu Naidu committee on digital payment security, including insurance cover for the victims of fraudulent digital transactions, a union minister said on Friday.

    In response to a question by Samajwadi Party MP Naresh Agrawal, Union Electronics and Information Technology Minister Ravi Shankar Prasad told the Rajya Sabha that the number of digital transactions in the country was rising and hence the concern for their security.

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