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India to surpass UK as second-most targeted country for payment card fraud, says report

Updated : April 18, 2019 08:04 PM IST

A rapidly growing middle class population opting to use cards for purchases and rising internet penetration make India an attractive target for cyber criminals.
A combination of lucrative targets and insufficient defense measures make many Indian institutions attractive to hackers.
On the brighter side, 93 percent of surveyed Indian companies are increasing their security spending.
India to surpass UK as second-most targeted country for payment card fraud, says report

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