There have been reports of customers losing lakhs of rupees from their bank accounts through the UPI app, some security experts say. The cautionary notice was issued in the wake of a rising number of fraudulent transactions using the Unified Payments Interface real-time payment system platform. ISMG obtained a copy of the circular from a banker who received it. RBI's cybersecurity and IT examination cell issued the warning in a confidential circular to banks. See Also: Live Webinar | New Phishing Benchmarks Unlocked: Is Your Organization Ahead of the Curve in 2023
The Reserve Bank of India has warned banks that fraudsters are using the 'AnyDesk' remote access application to pave the way to potentially wiping out a customer's bank account.
