Author: Anil Roy, Partner, Forensic and Investigative Services
“Indians will use digital instruments to make payments worth US$ 500 bn by 2020, contributing to 15% of the country’s GDP”, according to a study by Google and BCG.
Connectivity and technology has eased the burden of daily chores. Gone are the days of rushing to banks before 4 PM in the sultry afternoons or standing in long lines to deposit cheques and make withdrawals. Now it’s time to make way for the cashless economy as we move towards a cashless society. This move brings with it a host of opportunities for cybercriminals.