![]() ![]() Indian citizens have lost more than Rs 200 crores ($28 million) in cases related to SIM swap fraud. According to Indian laws, it seems banks and cellular operators are not responsible for his loss. He was informed that he’s not entitled to any compensation. What’s even more worrying is the case of a pensioner in Delhi who had ₹25 lakh or $35,000 stolen from his bank account. If a leader of the tech industry can be so easily hacked, how safe is an ordinary layman? If your money is gone, it may be gone forever The recent hack of Twitter CEO Jack Dorsey’s Twitter account using a SIM swap fraud has me worried.
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