alt Hacker News> I will point out that India have the highest number of victims of cyber-fraud
Based on what?
> Another huge issue is unregulated loan apps
You don't need to root everyone's phones to regulate financial crime.
> Then there are obvious security issues with terrorism and organized crime
India is building a centralised backdoor into every phone in the country. That's a massive national security risk.
Replies
lallysingh • yesterday at 7:14 PM
The way for the community to fight this is to keep finding holes in the app until they stop trying to put one on.
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> Based on what?
Yahoo Finance report that's 3 years old, puts India at #4: https://finance.yahoo.com/news/15-countries-most-cyber-crime...
But 2024 data from PIB puts the number of occurrence much higher at 2.27 million: https://www.pib.gov.in/PressNoteDetails.aspx?NoteId=155384&M...
> You don't need to root everyone's phones to regulate financial crime.
Yes, I agree. Read this comment: https://news.ycombinator.com/item?id=46113070
> India is building a centralised backdoor into every phone in the country. That's a massive national security risk.
Are these what backdoors are? It's an app. It can be uninstalled, right? Are there physical backdoors like American agency NSA tried to install? Or like the Chinese phones that many suspect?
- https://www.spiegel.de/international/world/privacy-scandal-n...
- https://www.cnet.com/tech/mobile/xiaomis-phones-had-a-securi...