The conference was organized to discuss ways to mitigate cyber risks and fraud incidents in the banking, financial institutions, and fintech sectors, the statement said.
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The second national conference on cyber security and cyber fraud prevention is to be held in Kathmandu on Magh 14, jointly organized by Kathmandu Fintech and PCI SSC.
Experts will present their experiences and suggestions on cyber security, fraud control and risk management at the conference. Deepak Kumar, Head of the Indian Institute of Technology, Cyber Security and Research Training Centre for Banking (IDRTB), is scheduled to be the keynote speaker at the conference. He will deliver a special address on cyber security, KYC system and digital risk management in the banking sector. The main attraction of the program will focus on how to protect customers of banks and financial institutions from cyber fraud. In Nepal alone, cyber fraud cases worth billions of rupees have been reported so far, and the number and complexity of such crimes are constantly increasing. Thousands of cases of fraud have been made public by gaining unauthorized access to customer accounts through various enticements. In this context, the successful experience gained by India's HDFC Bank against cyber fraud will be specially presented. Banker Manish Agarwal, who led the campaign, will share effective strategies, practical measures and real-life cases to protect banks and customers from cyber fraud. The organizer has informed that he will also present his experience on how to deactivate mule accounts in banks.
Similarly, Krishna Shastri, a member of the Central Bank of India's Cyber Security Standing Committee, an Interpol trainer, and Ernst & Young's Cyber Partner, will also give a presentation on cyber risks, international practices, and regulatory approaches. The conference will feature presentations by experts from Visa, the world's leading card network operator, while senior bankers, cyber security experts, and experts from the Nepali banking sector will actively participate.
