Risks associated by Linking bank a/c to Aadhaar

VARINDIA
இதில் ப்ரசூரிக்கப்பட்டது : Oct 30, 2023
187 பார்வைகள்

Linking a bank account to an Aadhaar number can offer several benefits, such as simplifying the KYC (Know Your Customer) process and facilitating direct benefit transfers from the government. However, there are also certain potential risks associated with this practice.

Aadhaar is a centralized database that stores a vast amount of personal information, including demographic details and biometric data. If this database was to be compromised, it could lead to widespread data breaches and identity theft. Malicious actors could potentially use stolen Aadhaar data to impersonate individuals, access their bank accounts, and commit financial fraud.

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Risks associated by Linking bank a/c to Aadhaar

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