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ICICI Bank, Vodafone Idea Fined in SIM Swap Fraud

ICICI Bank, Vodafone Idea Fined ₹1.19 Crore for Lapses Enabling SIM-Swap Cyber Fraud

In a significant ruling exposing critical weaknesses in India’s digital security framework, the Adjudicating Officer of Gujarat has imposed penalties totalling ₹1.19 crore on ICICI Bank and Vodafone Idea Limited after finding both institutions negligent in a SIM-swap fraud that...

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