Monthly Archives: June 2017
Is AEPS a Digital Honey Trap?… Is there an Escape Plan?
In January 2017, an interim report of the NITI Ayog Committee of Chief Ministers on digital payments recommended To ensure wide-scale adoption of AEPS and Aadhaar Pay, banks need to be mandated to complete Aadhaar seeding of all their customers … Continue reading
Behind the WannaCry adversity there is the silver lining of Cyber Insurance Awareness
The recent ransom ware attacks with Wanna Cry have woken up the Indian corporate sector to the needs of having Cyber Insurance as a means of recovering the losses arising out of such attacks. I refer to the article in … Continue reading
More on Wipro Terror threat… We need to shed our complacency
P.S. This is in continuation of the previous article The second e-mail threat received by Wipro has been reported with some more detail today in this article in Times of India. According to this report, the investigation has now been taken … Continue reading
Wipro Terror Threat renewed… It is Bitcoin demand again
We had extensively discussed the e-mail threat received by Wipro some time back in which an e-mail had been received by Wipro threatening that if Rs 500 crores is not paid in Bitcoins, they would spread “Ricin” in Wipro premises through Drones … Continue reading
A Lesson in Section 65(ITA) Compliance and use of Section 65B (IEA) certification emerges out of MCX issue
Recently, I had raised an objection about a comment posted by MCX of India limited on the Discussion forum of MyGov.in regarding Bitcoin regulation. The Government had asked for public opinion on the forum which was expected to be used … Continue reading
MCX removes its comments… Will BSE/NSE take action for this Corporate Governance failure?
Yesterday, we pointed out that MCX of India Limited which manages the Commodity exchange operations and is therefore a stake holder in Bitcoin being banned or legalized had placed a comment on the MyGov.in discussion board that Bitcoin was proposed … Continue reading