Tag Archives: Digital wallets

Demonetisation: Beware of the shoulder surfing hacking technique when using banking applications

Apple pay being used on the iPhone. Image: REUTERS/Damir Sagolj Hacking does not always involve technical wizardry with an understanding of networks, vulnerabilities and exploits. The weakest links in the security chain are invariably humans, and humans are  much easier to hack than machines. There are various physical hacking techniques. One example is social engineering, where people are… Read More »

Demonetisation: Here’s how India could transform itself into a digital economy

With the 8 November demonetisation announcement by Prime Minister Narendra Modirendering 86 percent of cash in circulation (Rs 500 and Rs 1000 notes) as illegal tender, the probability of a major shift to electronic means – cheques, bank transfers, plastic use (debit, credit), e-wallets is major. Supporting the move, Finance Minister Arun Jaitley urged Indians to switch to digital methods… Read More »