Photo: Times Now

1Kosmos Launches 'SIM Binding' Block-ID Platform To Control Cyber Frauds

To stop cyber fraud, startup company 1Kosmos announced the launch of "SIM binding capabilities" on its Block-ID digital platform. The new technology will help organisations to control retail online frauds in compliance with the RBI advisory, in India. Sidharth Gandhi, CEO of 1Kosmos said, "With this new capability 1Kosmos Block-ID can curb a significant number of such cases". As per NCRB data, in 2020, the cyber fraud increased to 3.7%.

Fri, 17 Dec 2021 - 08:46 PM / by Varsha Joshi

Tags: 1Kosmos, Cyber Fraud, RBI, India, Digital Platform

Courtesy: The Economic Times