Topic : basics of cyber security;
6. With cyber frauds in India on the rise, voice biometrics technology can help financial institutions provide higher levels of protection for customers and data. Elaborate.
Difficulty level: Easy
Reference: The Hindu
Why the question:
Bank and cyber frauds in India are on the rise. According to data by the Reserve Bank of India, frauds have cost the country an estimated ₹100 crore a day over the last seven years. The frauds reported in 2021-22 were 23.69% higher than in the previous year (9,103 cases reported compared to 7,359 in 2020-21), although there was a decline in the amount involved.
Directive word:
Elaborate – Give a detailed account as to how and why it occurred, or what is the context. You must be defining key terms wherever appropriate and substantiate with relevant associated facts.
Structure of the answer:
Introduction:
Begin by defining the voice biometrics technology.
Body:
First, write about the various types of cyber crimes affecting India – Distributed Denial-of-Service (DDoS) Attacks, Botnets, Identity Theft, Cyber stalking, Phishing etc. and measures required to tackle them.
Next, write about as to how the voice biometrics technology works and how it can help the country combat the cyber crimes and improve cyber security.
Conclusion:
Conclude by writing a way forward.
