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

Bitcoin Payment Processor in Denmark Hacked

A Denmark based Bitcoin payment processor BIPS faced a security breach last week resulting in loss of 1295 bitcoins worth around US $ 1 million. The loss has occurred both to the service provider’s own stock as well as a … Continue reading

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Negligence of Export Promotion Councils, ECGC and Banks lead to Rs 2.35 crore fraud

In what has now become a routine type of fraud, a tobacco exporter  in Andhra has been defrauded to the extent of Rs 2.35 crtores.  Naavi.org recalls its open letter  to RBI and ECGC in its post on July 14, 2013 … Continue reading

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Bitcoin in Physical Form?

Bitcoin started as a Peer to peer virtual currency system. With Baidu (Google in China) starting to accept payments in Bitcoin, there is now an official patronage for the system from the Chinese Government. In a further bid to  provide … Continue reading

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Is Bitcoin legal?

While the Bitcoin system is gaining increased attention in the media, it is essential to debate the legality of the system as per Indian laws. It is reported that there would be a global conference in Bangalore on December 14th … Continue reading

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The threat of Bitcoins…Attention RBI

An article in Forbes raises an interesting aspect on how China may be preparing for a new Cyber War front based on controlling the virtual currency. See the article here Readers of Naavi.org are familiar with the discussions on “Linden” … Continue reading

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Now Your TV acts like a Web page!

It has been reported that LG Smart TV is programmed to collect the viewing habits of the users and send it back to the servers of the Company so that the data can be used to configure customized ads for … Continue reading

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