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

Cyber Crime Insurance getting attention

Naavi has been highlighting the need for Indian Banks to obtain Cyber Crime Insurance as suggested by RBI in 2001 and ensure that customers are spared from the phishing liabilities. However Banks have been generally reluctant under the ground that … Continue reading

Posted in Bank, Cyber Crime, Cyber Law, Information Assurance, RBI | Leave a comment

A Mule arrested in Mumbai for Phishing Fraud

Mumbai Police have arrested a person in Delhi and charged him for the phishing fraud in Bank of Maharashtra, Mumbai where a Cooperative Bank (Deccan Merchant Co operative bank)had lost Rs 1.5 crores. The arrested person is one of the … Continue reading

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Plight of Cyber Crime Victims in Karnataka

The plight of Cyber Crime victims of Karnataka has been brought out in an article which appeared in New Indian Express Today. See the article here The article provides the background of the dispute which has also been explained in … Continue reading

Posted in Cyber Crime, Cyber Law, ITA 2008 | 1 Comment

AXIS Bank admits liability for ATM Fraud in Mumbai

It is reported that Axis Bank has agreed to refund the losses suffered by its customers in Mumbai who had lost about Rs 37 lakhs through the ATM card cloning fraud. It is good that Axis Bank has decided to … Continue reading

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Data Breach Costs in India

A study by Symantec and Ponemon institute on “Cost of Data Breach Study: Global Analysis-2013” has provided some interesting insights into the efficacy of information security and consequences of data breach. The study covers data breach incidents which occurred in … Continue reading

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Axis Bank will now has to eat its own words..

In the Adjudicator’s forum in Bangalore, Axis Bank has advanced a mischievous argument that Section 43 of ITA 2008 cannot be invoked by a Company. If this argument is given credence, no company can invoke any offences under Section 66 … Continue reading

Posted in Cyber Crime, Cyber Law, ITA 2008 | Leave a comment