Monthly Archives: February 2013
Is Indian Banking system hiding the risks?
The recent report of frauds in the Credit card system in India has given rise to a discussion on how safe is Indian Banking system and whether there is a systematic attempt to suppress threat information from public and give … Continue reading
Efficacy of Anti Virus software
The recent Chinese hacking of New York Times has raised the issue of the efficacy of anti virus or security softwares used by corporates. According to NYT, the hackers had installed 45 custom malware over the previous three months of … Continue reading
Bankers try to mislead credit card customers
Earlier in the day today, Times of India first reported the arrest of 5 Indians in USA in connection with the US$ 200 million credit card fraud. Immediately thereafter there was a second report in TOI itself attributing the growth … Continue reading
Hearing on PIL on CAT Appointment at Bangalore
The hearing on the public interest litigation in the High Court of Karnataka (WP 37577/2012)regarding the non appointment of the Chair Person for Cyber Appellate Tribunal which was scheduled for today the 7th February 2013 has not been listed in … Continue reading
5 Indians in US$ 200 million Credit Card fraud
5 Indians are amongst the persons charged in US in a massive credit card fraud said to involve US $ 200 million loss to various credit card holders. Details in TOI Among those charged are Babar Quereshi (59), Ijaz Butt … Continue reading
Mobile Apps Company fined $800,000
The Federal Trade Commission (FTC) of USA has fined a two year old Mobile Apps manufacturing company “Path” a sum of US$ 800,000 for violating the privacy of US Citizens. In particular the Social Networking Apps manufacturer was charged with … Continue reading