Philippines government accelerates digital IDs

MONDAY, 12 JUNE 2023

Philippines government accelerates digital IDs

Financial fraud related to the country’s unique biometric identifier Aadhaar is rising rapidly in India.

According to Hindustan Times reports, Indian Parliament members have forwarded a request to India’s Prime Minister asking him to direct the Finance Ministry and the IT Ministry to look into the issue.

Cybercriminals have been exploiting the county’s Aadhaar Enabled Payment System (AePS), a bank-led payment platform that allows all Aadhaar card holders to transact using a unique identification number.

The scams involve cloning people’s Aadhaar-linked biometrics by using silicon fingerprints and unauthorized biometric devices and using them to steal money from their bank accounts.


#people #finance #india