Anonymity of bank accounts by UPI is a concern to Trading company. #50p
— Pradyot H Adavi (@PradyotHAdavi) January 25, 2017
Given the popularity and usage of wallets, credit and debit cards, Netbanking, IMPS, NEFT (and the upcoming UPI, AEPS), what are the key security challenges and concerns?
The goal of this Birds of a Feather (BOF) session is primarily how to take a preventive approach to security, as against a reactive approach.
This session will cover the following:
1. Concrete steps to take in order to secure transactions and data on cards, wallets, Netbanking, IMPS and NEFT.
2. Mapping various stakeholders in these payment networks to understand which parts are most vulnerable and why.
3. In what instances are security threats and attacks beyond control? For e.g., the debit card PIN security hazard in October 2016.
4. What resources and support groups are available to reach out to for securing your payment products, startups and platforms?