COMMON SENSE SIMPLIFIED: ATM PIN GOES PUBLIC:
The government of late has resorted to recovery work by enacting statutes that will protect customers’ interest. Some lukewarm regulations were enacted under Information Technology Act, 2000 to monitor over the online financial fraudulent, and later on Reserve Bank of India introduced guidelines in 2001 emphasizing the consumer data confidentiality could not alleviate their security related fears to a large extent.
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