The Chief Justice of India questioned why commercial banks evade accountability in digital arrest frauds, asserting that institutions should compensate victims when negligent lapses occur. Highlighting that digital arrest scams drained over 800 crore rupees in 2026 alone, the apex court bench emphasized tightening banking cybersecurity protocols and implementing instant fraud-alert mechanisms to freeze unauthorized transactions.
CJI questions banks over digital arrest frauds calls for compensation in negligence cases
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