Identity theft: Technology solutions exist to tackle India’s problem of KYC data leakages

First, we need to ask ourselves whether we truly need all the information we currently collect. Why, for instance, does the Central KYC (CKYC) template require the submission of a married woman’s maiden name, father’s name, spouse’s name and her mother’s name? While none of this strengthens identity verification, it expands the collateral damage of a breach.