Cybercrime Probe Bank Staff’s Role in Fraud Surge

Hyderabad Sees 24% Rise in Cybercrimes in 2023

Cybercrime officials are looking into the involvement of bank staff in the increasing number of fraud cases, where criminals use ‘mule accounts’ to deceive people. Recently, investigators discovered that fraudulent accounts, including current accounts, were being opened in banks in Hyderabad and across India. Basic verification processes were often ignored by bank employees, and large … Read more