HC receives complaints from Paytm against telecom companies over phishing activity
By MYBRANDBOOK
Paytm has moved the Delhi High Court alleging that telecom service providers are not blocking fraudsters who are defrauding its customers by "phishing" activities over the various mobile networks.
Paytm has claimed that millions of its customers have been defrauded by the phishing activities over the mobile networks and the failure of the telecom companies to prevent the same has "caused financial and reputational loss" to it for which it has sought damages of Rs 100 crore from them.
Phishing is a cybercrime where people are contacted by email, phone calls or text messages by someone posing as a legitimate representative of an organisation to lure them to part with their sensitive data, including banking and credit card details and passwords.
Paytm, in its petition, has contended that the telecom majors -- Airtel, Reliance Jio, BSNL, MTNL and Vodafone -- are violating their obligations under the Telecom Commercial Communications Customer Preferences Regulations (TCCCPR) 2018 which was notified by the Telecom Regulatory Authority of India (TRAI) to curb problem of unsolicited commercial communications.
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
The latest version of X helps prevent deepfakes on social medi
To combat deepfakes and shallowfakes, Elon Musk revealed a new update t...
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
VVDN TECHNOLOGIES
SAFE SECURITY SERVICES PVT. LTD.
STERLITE TECHNOLOGIES LTD.
MICROTEK INTERNATIONAL PVT. LTD.
Technology Icons Of India 2023: Rajendra Singh Pawar
Rajendra Singh Pawar is an entrepreneur and businessperson who founded...
Technology Icons Of India 2023: Amit Chadha
. An influential leader in the engineering services industry for over ...
Technology Icons Of India 2023: Josh Foulger
Josh is the Country Head of India and MD of Bharat FIH Ltd (A Foxconn ...
BBNL empowering rural India digitally
BBNL provide high speed digital connectivity to Rural India at afforda...
ITI Limited widening its focus area
ITI Limited is a public sector undertaking company, has manufacturing ...
C-DAC keeps India ahead in IT & Electronics R&D space
Centre for Development of Advanced Computing (C-DAC) is the premier R&...
BEETEL TELETECH LTD.
: Beetel is one of the oldest and most reputed brands in the Industry,...
Crayon Software Experts India Pvt Ltd
Crayon helps its customers build the commercial and technical foundati...
R P TECH INDIA
R P Tech is recognized for its diverse products portfolio, value-add...