India Bans Rs 500 and Rs 1000 Notes In Bid to Reduce Money Laundering and Corruption

November 12, 2016

http://www.firstpost.com/india/rs-500-rs-1000-note-ban-narendra-modis-demonetisation-move-a-death-knell-to-hawala-trade-3101610.html

Very interesting. Cybersecurity professionals must have a solid understanding of fraud to understand the context of cybercrime. Technology is simply an enabler. Understanding motivation provides a deeper understanding and helps in predicting cybercrime trends and new attack vectors. Fraudsters and criminals are incredibly resilient and creative. I just wonder what types of solutions will be developed in response to this crackdown.

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