City saw a steep rise in credit card fraud cases in 2014, say police


Source: National Cyber Security – Produced By Gregory Evans

According to Mumbai police’s records, there has been a steep rise in credit card fraud cases registered across the city last year. The data shows that 183 cases were registered in 2014 as opposed to a mere 32 that were registered in 2013. The detection rate in 2014 was at a lowly 12 per cent with only 22 of 183 cases being solved. Incidentally detection rate in 2013 was 62.5 per cent. The Mumbai Police have claimed that spurt in the credit card frauds in Mumbai is primarily due to the boom of e-commerce websites. “This crime coincides with the increase of credit card usage online. Its a trend that we have observed and are probing. Currently there are numerous websites and some that are exceedingly popular. The dependency of the consumer has shifted from cash to pay by credit or debit cards, as that is the mode of payment for all purchases online,” said Dhananjay Kulkarni, deputy commissioner of police (detection) A senior cyber official shared that not all transactions made online on these e-commerce websites are secure. “When we type our password for Gmail, the main Goggle servers receives the password in a scrambled order that is their […]

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