Author Archives: Vijayashankar Na

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance

Happy Independence Day

Posted on August 15, 2016 by Vijayashankar Na
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RBI has opened the doors for Cyber Insurance for E Banking Frauds

Posted on August 14, 2016 by Vijayashankar Na

If the recent circular of RBI on limited liability for Customers in E Banking frauds becomes a reality, it would simultaneously open the doors for the Cyber Insurance Industry to offer products for Cyber Insurance to individual Bank customers. The … Continue reading →

Posted in Cyber Law | 2 Comments

What is Negligence of the Customer under RBI’s circular on Limited Customer Liability?

Posted on August 13, 2016 by Vijayashankar Na

At the cost of repetition, we must congratulate RBI on its recent circular of August 11, on Customer Service in which they have proposed that customer’s liability on cyber frauds should be limited. Presently, a draft circular has been issued … Continue reading →

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Limited Customer Liability on Bank Frauds.. Your Comments solicited by RBI

Posted on August 12, 2016 by Vijayashankar Na

In a long awaited but highly welcome move, RBI has released a “Draft Circular” for public comments on “Limited Liability” for customers in case of frauds in Internet Banking and Card transactions. Suggestions/comments, if any, on the Draft Circular may be … Continue reading →

Posted in Cyber Law | 2 Comments

Cyber Security Framework and Directors of Banks- An Action Plan..for Now..

Posted on August 11, 2016 by Vijayashankar Na

The Cyber Security Framework (CSF-2016) proposed by RBI to be implemented by Banks has posed a stiff challenge to the community of Bank Directors. After the lukewarm response to its previous guidelines including the E Banking Security Guidelines (GGWG Recommendations) … Continue reading →

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At Last, the Finance Ministry seems to have recognized Cyber Threats in Banks

Posted on August 10, 2016 by Vijayashankar Na

It has been pointed out ad nauseam on this forum that Cyber threats in Banks are looming large to be considered as a “National Security Issue”. However, the commercial considerations in Banks have pushed technology solutions ahead of security considerations … Continue reading →

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