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

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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

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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

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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

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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

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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

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