EEPC India organises its first ever workshop on cyber hacks

With cyber hacks targeting cross-border online remittances , the engineering exporters’ apex body, EEPC India has started sensitising and training exporters’ to safeguard their money transfers, in close cooperation with the cyber experts from police and forensic institutions.

In its first ever event, the EEPC India organised a workshop and conference in Kolkata on Thursday, bringing face to face the cyber and forensic science experts and exporters.

Addressing the meeting, EEPC India Chairman Mr Ravi Sehgal said, “We at EEPC India do receive cases where exporters’ accounts are hacked or we get complaints from exporters for non-receipt of remittances for cross border transactions.”

Experts from Kolkata Police, Central Forensic Science Laboratory and ICICI Bank participated in the workshop.

Mr Sehgal said India was ranked third worldwide, next to US and China, as a source of malicious activity in 2015. Cyber crime cases across India rose 44% between 2013 and 2017. Online banking fraud has been the most common cyber crime across India in 2017, with 2095 such cases reported, underscoring the need for stronger digital policy even as the government makes a push for going cashless.

The RBI has registered a total of 12,520 cases of frauds involving credit cards during the quarter April – September 2017.

While different steps have been taken by the Centre and the states to check cyber crime, more and constant vigil needs to be kept on this threat, which can have serious consequences for the economy, the EEPC India chairman said.


Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.