{"id":3998,"date":"2025-02-08T07:22:53","date_gmt":"2025-02-08T07:22:53","guid":{"rendered":"https:\/\/fusionmindlabs.com\/blogs\/et-ciso-online-transactions-to-require-2nd-authentication-factor\/"},"modified":"2025-02-08T07:22:53","modified_gmt":"2025-02-08T07:22:53","slug":"et-ciso-online-transactions-to-require-2nd-authentication-factor","status":"publish","type":"post","link":"https:\/\/fusionmindlabs.com\/blogs\/et-ciso-online-transactions-to-require-2nd-authentication-factor\/","title":{"rendered":"ET CISO: Online transactions to require 2nd authentication factor"},"content":{"rendered":"\n<br \/><!-- Display video article in news article for the custom next story --><\/p>\n<p><!-- Modifying the body placing embeds,promoslots,related etc.--><\/p>\n<p>The <a id=\"6354335\" type=\"General\" weightage=\"20\" keywordseo=\"Reserve-Bank-of-India\" source=\"Orion\" class=\"news-keywords\" href=\"https:\/\/ciso.economictimes.indiatimes.com\/tag\/reserve+bank+of+india\" rel=\"nofollow noopener\" target=\"_blank\">Reserve Bank of India<\/a> (<a id=\"30067\" type=\"General\" weightage=\"20\" keywordseo=\"RBI\" source=\"Orion\" class=\"news-keywords\" href=\"https:\/\/ciso.economictimes.indiatimes.com\/tag\/rbi\" rel=\"nofollow noopener\" target=\"_blank\">RBI<\/a>) has announced the introduction of additional factors of authentication for international digital payments made to offshore merchants who are enabled to undertake such transactions.<\/p>\n<p>Sanjay Malhotra, governor, RBI, said &#8220;The rapid digitalisation of financial services has brought convenience and efficiency but has also increased exposure to cyber threats and digital risks, which are getting sophisticated day by day.&#8221;<\/p>\n<h2>Enabling Additional Factor of authentication in cross-border Card Not Present transactions<\/h2>\n<p>RBI said: &#8220;Introduction of Additional Factor of Authentication (AFA) for digital payments has enhanced the safety of transactions which, in turn, provided confidence to customers to adopt digital payments. This requirement, however, is mandatory for&#8230; updates<\/li>\n<li>Save your favourite articles<\/li>\n<ul>\n<\/ul>\n<div class=\"app-store-container desktop-view\">\n    <a href=\"https:\/\/ciso.economictimes.indiatimes.com\/app\" title=\"\" aria-label=\"Play Store\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n        <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"20\" height=\"20\" src=\"https:\/\/st.etb2bimg.com\/Themes\/Release\/theme4\/images\/icons\/icon-g-play.png\" alt=\"\"\/><br \/>\n    <\/a><br \/>\n    <a href=\"https:\/\/ciso.economictimes.indiatimes.com\/app\" title=\"App Store\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n        <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"20\" height=\"20\" src=\"https:\/\/st.etb2bimg.com\/Themes\/Release\/theme4\/images\/icons\/icon-app-store.png\" alt=\"\"\/><br \/>\n    <\/a>\n<\/div>\n<figure class=\"download-icon desktop-view\">\n    <i\/><br \/>\n    <span class=\"scan-text\">Scan to download App<\/span><br \/>\n    <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"90\" height=\"90\" src=\"https:\/\/st.etb2bimg.com\/Themes\/Release\/theme4\/images\/bar-codes\/ciso_barcode.png?mod=2833\" alt=\"\"\/><br \/>\n    <span class=\"border-bottom\"\/><br \/>\n<\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n<br \/><a href=\"https:\/\/ciso.economictimes.indiatimes.com\/news\/cybercrime-fraud\/to-prevent-frauds-international-online-transactions-will-soon-need-additional-authentication-factor\/118050394\" rel=\"nofollow noopener\" target=\"_blank\">Source Link<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank of India (RBI) has announced the introduction of additional factors of authentication for international digital payments made to offshore merchants who are enabled to undertake such transactions&#8230;.<\/p>\n","protected":false},"author":19,"featured_media":3999,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-3998","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cybercrime-fraud"],"jetpack_featured_media_url":"https:\/\/fusionmindlabs.com\/blogs\/wp-content\/uploads\/sites\/9\/2025\/02\/to-prevent-frauds-international-online-transactions-will-soon-need-additional-authentication-factor.jpeg","_links":{"self":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts\/3998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/comments?post=3998"}],"version-history":[{"count":0,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts\/3998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/media\/3999"}],"wp:attachment":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/media?parent=3998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/categories?post=3998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/tags?post=3998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}