Author Archives: Vijayashankar Na
Yet another Bank Fraud.. What will RBI say?
Bank frauds have been so common in India that it hardly surprises any body when a new fraud is reported. The Banks are after technology in a hurry and RBI has either no clue to the risks or is just … Continue reading
At Last Government of India remembers the Cyber Appellate Tribunal
After nearly 4 years of mysterious inaction, Government of India has now realized that the Cyber Appellate Tribunal (CAT) needs a Chair Person and called for applications. It may be remembered that 0n 30th June 2011, Justice Rajesh Tandon demitted … Continue reading
Security Audit Vs Maintenance, the Gap is large..Verizon Study
Verizon has recently released the 2015 report on PCI Compliance which has provided some key insights into the current practices in industry. Though on the face of it the report indicated that about 80% of the companies were validated as … Continue reading
Digi-locker Project may consciously flout Information Technology Act
The digilocker beta project launched by the Government of India seems to be set to introduce a precedent which is ultra-vires the Information Technology Act 2000/8. According to the information available the Digi Locker can be used to store important … Continue reading
Bitcoin in new form?
Bitcoin has been in discussion for some time. In India the response for Bitcoin has been mixed. While initially it attracted the attention of entrepreneurs setting up echange services, the RBI frowned upon the system and ED moved in to … Continue reading
Digital India and Bugle Call for Activating the Cyber Law Eco System
In 1996, when E Commerce was in its nascent stage, UNCITRAL recognized the need for providing a legal backing to E Commerce and drafted the model law on E Commerce to provide assurance to international business transactions. To accomplish this, … Continue reading