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Author Archives: Vijayashankar Na
New Small Tech dominant Banks to be licensed
RBI has issued a new set of guidelines for licensing small Payment Banks. The essence of the new rules is that it will open the doors for Telecom operators, Super Market Chains, and NBFCs to enter Banking in a limited … Continue reading
Posted in Cyber Law
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BPO employees arrested in Chennai for Bank fraud
Two BPO employees accused of having swindled an UK Bank of £ 30000/- were arrested in Chennai after necessary investigations. D Ezhil Maran, 29, and S Ragava Giri, 28 worked as system engineers at Atos, a business process outsourcing (BPO) … Continue reading
Posted in ITA 2008
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How the lure of Samsung Galaxy at Rs 1.72 can land you in trouble
It is known for some time that fraudsters use unrelated e-mails to drop trojans which may be used for phishing. Here is an example of an e-mail which says “..Own Samsung Galaxy for Rs 1.72..” The link appears to … Continue reading
Posted in Cyber Law
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Bogus Digital Certificates of NIC detected
It is reported that Google has detected several bogus SSL certificates issued by NIC and blocked them. Details According to the report the certificates have been later blocked by CCA also. It is surmised that hackers might have gained access … Continue reading
Posted in ITA 2008
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New Malicious Code for Android- Selfmite
A new virus called Selfmite has been detected on the Android platform. This virus spreads itself by sending SMS to contacts in the infected phone with a link. The text message sent by Selfmite contains the contact’s name and reads: … Continue reading
Posted in ITA 2008
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RBI limits Customer’s Loss on Phishing
In an excellent but long awaited move, RBI has directed Banks that the liability of customers on “Phishing” loss should be limited to Rs 10000/- See Report The new Banking Service code of ( Banking Codes and Standard Board of India … Continue reading
Posted in Bank
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