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Aadhaar to help catch money launderers, fake bank accounts: Ravi Shankar Prasad

Ravi Shankar Prasad said 60 lakh bank accounts have been linked to Aadhaar.

By: PTI | New Delhi | Published: October 4, 2017 10:05 am
Aadhaar, Ravi Shankar Prasad, Aadhaar bank account, Aadhaar mobile link, aadhaar news, india news, indian express Ravi Shankar Prasad. (Source: File Photo)

Linking bank accounts with Aadhaar will help catching money launderers and fake account holders, Law and IT Minister Ravi Shankar Prasad said on Tuesday. “Why we are linking bank account to the Aadhaar. If you do money laundering, you can be caught. If you have fake bank accounts, you will be caught,” Prasad said at cyber security conference organised by Observer Research Foundation.

He said 60 lakh bank accounts have been linked to Aadhaar. The minister said that the government has saved Rs 58,000 crore under direct benefit transfer scheme, detected 3 crore million fake gas connections and close to 27 crore ration cards with help of Aadhaar card.

The minister said everyday six crore authentications are done on the Aadhaar platform. He said that digital governance is the form of governance. Prasad said that the government is bringing most of the service online from hospital to land records, crop rates etc. “Indians have got biggest footprint on Facebook today. India is emerging as big market. We are adding 5-6 start-ups everyday. I see a new surge of start-up movement in India,” Prasad said.

The minister said that increase in adoption of technology has made cyber security vital for the country. “We have also set-up sectoral CERTs (computer emergency response team) in the field of banking, power, finance and we also encouraging cyber drills and auditors,” Prasad said. The minister said that 0.06 per cent of digital frauds have been unearthed which is a challenge for the country.

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  1. R
    Reader
    Oct 4, 2017 at 10:30 am
    A centralized and inter-linked biometric database like Aadhaar will lead to profiling and self-censorship, endangering freedom. Personal data gathered under the Aadhaar program is prone to misuse and surveillance. A centralized and interlinked database can lead to commercial abuse. Aadhaar project has created a vulnerability to identi-ty fraud, even identi-ty theft. Easy harvesting of biometrics traits and publicly-available Aadhaar numbers increase the risk of impersonation, especially online and banking fraud. Centralized databases can be hacked. Biometrics can be cloned, copied and reused. Thus, BIOMETRICS CAN BE FAKED. High-resolution cameras can capture your fingerprints and iris information from a distance. Every eye hospital will have iris images of its patients. If someone gets a copy of your biometric data, which can be used for authentication, what would you do?
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    1. R
      Reader
      Oct 7, 2017 at 4:24 am
      Biometrics can be cloned, copied and reused. Thus, BIOMETRICS CAN BE FAKED. High-resolution cameras can capture your fingerprints and iris information from a distance. Every eye hospital will have iris images of its patients. So another person can clone your fingerprints and iris images without your knowledge, and the same can be used for authentication. If the Aadhaar scheme is NOT STOPPED by the Supreme Court, the biometric details of Indians will soon be available for s-ale.
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    2. R
      Reader
      Oct 4, 2017 at 10:29 am
      UK’s Biometric ID Database was dismantled. Why the United Kingdom's biometrics-linked National Identi-ty Card project to create a centralized register of sensitive information about residents similar to Aadhaar was scrapped in 2010?? The reasons were the massive threat posed to the privacy of people, the possibility of a surveillance state, the dangers of maintaining such a huge centralized repository of personal information, and the purposes it could be used for, and the dangers of such a centralized database being hacked. The other reasons were the unreliability of such a large-scale biometric verification processes, and the ethics of using biometric identification.
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      1. R
        Reader
        Oct 4, 2017 at 10:29 am
        The US Social Security Number (SSN) card has NO BIOMETRIC DETAILS, no photograph, no physical description and no birth date. All it does is confirm that a particular number has been issued to a particular name. Instead, a driving license or state ID card is used as an identification for adults. The US government does not collect the biometric details of its own citizens for the purpose of issuing Social Security Number. The US collects the fingerprints of only those citizens who are involved in any criminal activity (it has nothing to do with SSN), and the citizens of other countries who come to the US.
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