Permanent Account Number (PAN) frauds and ways to prevent them

We live in a democracy where information is a commodity. Out of 1.37 billion people in India, 0.44 billion people own a Permanent Account Number (PAN). However, most of us are unaware of the danger of information sharing. Identity theft is becoming an area of concern and worry.

According to a report by IndiaSpend, 2018 saw the maximum number of frauds related to PAN card and Aadhar card. Hackers and criminals are on a constant lookout for any information or vulnerabilities that can be exploited. Many events have come to light where such information has been used for committing fraudulent activities


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