Aadhaar has been in the news for the wrong reasons. In an investigation conducted by The Tribune, a correspondent supposedly purchased a service offered by an anonymous seller on WhatsApp by paying Rs 500 via Paytm. The correspondent was provided a Login ID and a password to a portal. The correspondent could enter any Aadhaar number and get instant access to all details including name, address, phone number, photo and email details as per the report.
The Unique Identification Authority of India (UIDAI), has dismissed the media report which claimed that anonymous people were selling details of a Billion Aadhaar Card account holders, over WhatsApp groups for just Rs 500.
Now, Aadhaar has come up with a 16 digit virtual ID to protect your data. Want to know more on tax planning? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice / education to ensure that you are not mis-guided while buying any kind of financial products.
The UIDAI has tweeted on its official Twitter Account," No biometric data breach." UIDAI said that only designated personnel and state government officials had access to the search facility of Aadhaar, to redress your grievances and that of other citizens.
If there was a misuse, it could come from the wrong use of this facility. UIDAI has withdrawn all privileges given to designated officers about 5000 of them, with immediate effect. The system will now allow access, only with the biometrics of the person, whose details need to be verified.
This might cause you some inconvenience if you want speedy access to your details, but it will prevent any future breach of data.
Unique Identification Authority of India (UIDAI), has given you a fresh layer of security. This is a "Virtual ID" which prevents your Aadhaar from being shared.
This will settle your privacy and security concerns. There is also an additional security feature to ensure only need-based sharing of information. There would be limited KYC. UIDAI would make sure the system and your data is safe.
SEE ALSO: How To Protect Your Aadhaar?
UIDAI has introduced a new concept called "Virtual ID" which you or any Aadhaar-card holder can generate from the Aadhaar website. The UIDAI Virtual ID will be issued from 1st March 2018. This is a 16-digit temporary number, which you can share with a bank, insurer or telecom service provider say for SIM verification, instead of sharing your actual 12-digit biometric ID.
With the 16-digit virtual ID, you have the option of not sharing your Aadhaar Number at the time of authentication.
The virtual ID will be a random 16-digit number, which along with your biometrics (user biometrics), would give any authorized agency like a mobile service provider, only limited details like name, address and photo. This can be used for any verification required. This virtual ID will be temporary and will be mapped to your Aadhaar Number.
You can generate as many virtual IDs as you want. The older IDs will automatically be cancelled, once a fresh ID is generated.
The UIDAI has also introduced a new concept called "limited KYC" under which only limited details or information on a need to know basis, will be shared to any authorized agency, which is providing a particular service like a telecom service provider.
One of the major benefits of the Virtual ID is you don't need to share your Aadhaar number for authentication. You just go to the UIDAI website and generate your virtual ID, which is valid only for a certain period of time, or till you decide to change it.
The system generated Virtual ID is mapped to your Aadhaar number and you don't need to share Aadhaar for any authentication. This will reduce the need for the collection of Aadhaar numbers by different agencies.
UIDAI has taken measures to ensure your Aadhaar data is safe. Even agencies that undertake authentication, cannot generate the virtual ID on your behalf. Be Wise, Get Rich.
Mr. C S Sudheer is the founder and CEO of IndianMoney.com – India’s largest Financial Education Company. He started his career with ICICI Prudential Life Insurance and later on worked with Howden India. After his brief stint in Howden India, he moved on and incorporated Suvision Holdings Pvt Ltd which is the sole promoter of IndianMoney.com. He aims to build a nation that is financially literate with investment savvy citizens.
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