menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cyber Crime News

>

How does Z...
source image

Minis

1y

read

1k

img
dot

Image Credit: Minis

How does Zerodha ensure safety of users from cyber fraud in AI era? Nithin Kamath unveils the secret formula

  • 2FA (Two-Factor Authentication) is crucial to reduce cyber fraud risk, adding an extra layer of security through methods like biometric authorization and time-based codes.
  • Zerodha ensures employee safety with mandatory 2FA for internal systems, strict role-based access, and the use of Linux desktops to minimize vulnerabilities.
  • Zero cyber risk is not possible, as hacks often exploit human weaknesses, but constant vigilance, good technology, and awareness can mitigate fraud.
  • "The Anatomy of Fraud 2023" report by Bureau indicates that account-related fraud constitutes 65% of financial fraud cases, with 55% of digital payment frauds in India being UPI-related.

Read Full Article

like

12 Likes

For uninterrupted reading, download the app