Aadhaar masking is the process of blurring the first 8 digits of an individual’s Aadhaar number. It has been recently approved by the Reserve Bank of India (RBI) as a measure to protect users’ private information and secure their data. In this blog post, we will explore why this is important and what it means for customers.
What Are the Benefits of Aadhar Masking?
The primary benefit of using Aadhar masking is that it protects user data from being accessed without permission. By blurring out the first 8 digits of an individual’s Aadhaar number, only the last 4 digits remain visible, thus reducing the risk of personal information being used without authorisation. This also helps reduce identity theft as there is less chance for someone to gain access to a person’s full Aadhar details.
Not only does Aadhar masking provide an additional layer of security, but it can also help save time when verifying customer information. Since only 4 digits are visible, customer service representatives don’t have to ask for the full 12-digit number when verifying customer details or authenticating transactions. This makes it easier and more efficient for businesses to serve their customers quickly and accurately.
What Are RBI Guidelines on Aadhar Masking?
The RBI recently released guidelines regarding use of Aadhar masking in order to ensure customer privacy is protected while still providing businesses with a reliable way to verify customer information. According to these guidelines, all financial institutions must follow certain procedures when using Aadhar masking technology in order to ensure security is maintained at all times.
These include:
- Verifying customers’ identities through other means such as PAN cards or other government-issued documents;
- Ensuring that no sensitive personal data such as addresses or phone numbers are stored alongside masked Aadhaar numbers;
- Strictly adhering to existing KYC norms;
- Refraining from sharing any masked Aadhaar details with third parties without prior consent from customers;
- Regularly reviewing all policies related to use of Aadhar masking technology;
- Periodically auditing masked Aadhaar numbers against existing KYC norms; and
- Keeping records of all transactions involving masked Aadhaar numbers for future reference.
What is HabileLabs doing to solve this issue?
Our AI-driven solution revolutionises the way sensitive data is managed. It offers comprehensive security while masking Aadhaar numbers from documents with contextually accurate identification and classification. Achieve accuracy and peace of mind with our Aadhaar masking solution.
Our cutting-edge technology is suitable for all Aadhar image formats ensuring no information leakage or violation of regulations - giving you full compliance confidence. Additionally, integrate into existing applications without effort via APIs and SDKs that are available on premise or in the cloud!
Wrap Up
Aadhaar masking is an important step towards protecting user privacy while also making sure business still have access to relevant information when needed.
With its recent approval by the Reserve Bank of India (RBI), businesses are now able to make use of this innovative technology while adhering strictly to existing guidelines in order to ensure maximum security at all times.
By following these guidelines, businesses can rest assured that their customer data remains safe and secure while enabling them to serve their customers quickly and accurately. As more organizations adopt this technology, we can expect increased safety measures that further protect users from identity theft and other malicious activities online.