Author Archives: Vijayashankar Na
AIRTEL Sweeps awards from DSCI…while the AIRTEL Bank CEO resigns….
AIRTEL is no doubt the leading mobile service provider in India. However when Airtel swept several awards in the recent DSCI Excellence Awards 2017, several eyebrows were raised. It was clear that the process used by DSCI to confer the … Continue reading
Black Money gets a Boost from SEBI. Mr Thaygi should be removed as SEBI Chairman
In a surprising but disgusting news report, Mr Ajay Thyagi, the Chairman of SEBI has come up with a public statement that is intended or likely to move the price of Bitcoin in the Exchanges. Contrary to the popular … Continue reading
Hacking of EVMs is Cyber Terrorism
It is unfortunate that many of the politicians are irresponsibly commenting on hacking of EVMs . If anybody has suggestions to improve the security of EVMs, it should be welcome. But making irresponsible statements and spreading rumours is an attempt … Continue reading
Limited Liability on Electronic Banking Frauds also extends to Cooperative Banks
On July 6, 2017, RBI released the “Customer Protection-Limiting Liability of Customers in Unauthorized Electronic Banking Transactions”. The circular indicated that a customer is entitled to “Zero Liability” in case of loss arising out of frauds in E banking in … Continue reading
“Compliance by Design” should be the motto of the Data Protection Act of India
[P.S: This is in continuation of the discussion of the proposed Data Protection Act in India and the public comments invited for the Justice Srikrishna report.] “Privacy by Design” is a concept which GDPR expects from Data Controllers and Data Processors. The … Continue reading
We should forget the “Right to Forget” in Indian Data Protection Act
[P.S: This is in continuation of the discussion of the proposed Data Protection Act in India and the public comments invited for the Justice Srikrishna report.] The EU law on Privacy under GDPR recognizes the “Right to Forget” which essentially means … Continue reading