Consider the following statements: 1. Union Bank of India has become the first Indian bank to integrate Clari5's National Cybercrime Reporting Portal. 2. This integration aims to improve fraud prevention and complaint management. 3. The system was developed solely by the Reserve Bank of India. Mark the correct statement from the above using the codes given below:
Only 3
Why in the News?
"PNB First Indian Bank to Implement Cybercrime Reporting System”
Statement 1: incorrect
Union Bank of India did not implement Clari5’s National Cybercrime Reporting Portal integration. Instead, Punjab National Bank (PNB) became the first Indian bank to integrate the solution, advancing cybercrime complaint management across banking channels.
Statement 2: correct
The integration of Clari5’s National Cybercrime Reporting Portal aims to improve fraud prevention and complaint management. By automating real-time processing of cybercrime complaints, it enhances the security and efficiency of retail banking services, including Internet, Mobile Banking, and ATMs.
Statement 3: incorrect
The system was not solely developed by the Reserve Bank of India. It was created by Clari5 in collaboration with the Indian Cyber Crime Coordination Centre (I4C) to strengthen the cybersecurity framework and assist in addressing cybercrime incidents in the banking sector.
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Consider the following statements:
1. Union Bank of India has become the first Indian bank to integrate Clari5's National Cybercrime Reporting Portal.
2. This integration aims to improve fraud prevention and complaint management.
3. The system was developed solely by the Reserve Bank of India.
Mark the correct statement from the above using the codes given below:
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Consider the following statements:
1. Union Bank of India has become the first Indian bank to integrate Clari5's National Cybercrime Reporting Portal.
2. This integration aims to improve fraud prevention and complaint management.
3. The system was developed solely by the Reserve Bank of India.
Mark the correct statement from the above using the codes given below:
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