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Why Karnataka HC has fined BSNL over ₹55L

The Karnataka High Court directed BSNL to compensate a co-operative bank with over Rs 55 lakh after an unauthorized duplicate SIM issuance enabled fraudsters to steal Rs 87 lakh.

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thehindu.com

economictimes.indiatimes.com

newsbytesapp.com

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newsbytesapp.comStai leggendo2 g fa

Why Karnataka HC has fined BSNL over ₹55L

BSNL's negligence enabled duplicate SIM issuance, causing ₹87.7L bank fraud; court orders ₹55.5L compensation. SIM swap attacks on OTP channels underscore authentication weakness; vendor liability now established—shifts banking security investment toward MFA, biometric, hardware security keys.

originale

economictimes.indiatimes.com2 g fa

BSNL ordered to pay over Rs 55 lakh compensation to co-operative bank after duplicate SIM used to access OTPs…

Karnataka court ordered BSNL to compensate Rs 55 lakh after duplicate SIM enabled Rs 87 lakh fraud via OTP access. The ruling sets liability precedent: telecom operators must verify SIM issuance rigorously for banking services; insurance doesn't erase negligence damage.

Timeline cronologica

venerdì 5 giugno 2026·thehindu.com
Telecom service providers bear civil liability for financial loss in SIM swap frauds caused by their negligence: Karnataka High Court
Karnataka High Court rules telecom providers liable for SIM swap fraud losses, ordering BSNL to compensate ₹55 lakh to a cooperative bank.
domenica 7 giugno 2026·economictimes.indiatimes.com
BSNL ordered to pay over Rs 55 lakh compensation to co-operative bank after duplicate SIM used to access OTPs in Rs 87 lakh fraud

Karnataka high court has ordered BSNL to pay more than Rs 55 lakh in compensation and damages to a co-operative bank that lost over Rs 87 lakh in a SIM swap fraud. The court held…

Why Karnataka HC has fined BSNL over ₹55L

BSNL ordered to pay over Rs 55 lakh compensation to co-operative bank after duplicate SIM used to access OTPs…

Timeline cronologica

Telecom service providers bear civil liability for financial loss in SIM swap frauds caused by their negligence: Karnataka High Court

BSNL ordered to pay over Rs 55 lakh compensation to co-operative bank after duplicate SIM used to access OTPs in Rs 87 lakh fraud

Telecom service providers bear civil liability for financial loss in SIM swap frauds caused by their…

Why Karnataka HC has fined BSNL over ₹55L