RBI red flags unsecure ATMs: This is your liability if you are defrauded
Monday, June 25, 2018 IST
Despite repeated warnings by RBI, banks have still not made their ATMs full secure and skimming-proof thereby exposing you to the risk of fraud. So here's what you can do if your card gets skimmed and you lose money. In a circular issued yesterday, the central bank has pointed out that banks have not taken steps to secure ATMs running on old software despite being warned about these in April, 2017.
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