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Author Archives: Vijayashankar Na
False Death Certificate issued at Madurai Corporation
A Cyber Crime case has been registered in connection with the issue of false death certificates at Madurai Corporation. (Refer report here) While the instant case could be a prank, it highlights the information risks that exist in many e-Governance … Continue reading
Posted in Cyber Crime
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US Shutdown
The forced shutdown of US Government has now entered the second day and is threatening to affect other economies. For general information we may state that US Shut down has arisen because the House of Representatives dominated by the Republican … Continue reading
Posted in HIPAA
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RBI mandates Bank liability for POS frauds
RBI had announced certain risk mitigation measures for Card Present transactions vide 22nd Sept 2011. Under this circular, it had been mandated that Banks should implement commercial readiness of acquiring infrastructure to support PIN based POS systems before June 30, … Continue reading
Posted in Bank, RBI
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Facebook Banking application from ICICI Bank
The ICICI Bank application on Face Book that facilitates money transfers to “Friends” is reported to have the following functionality. The application is called “Pockets” -Split & Share that allows customers to split and track expenses and share them with … Continue reading
Posted in Bank
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Discussion Paper on Future Banking Structure in India
RBI had released a discussion paper on the Indian Banking Structure-Future Way Ahead. Comments can be sent upto October 31 2013. Copy of the discussion paper is available here The discussion paper has many points of debate such as Small … Continue reading
Posted in Cyber Law
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RBI may very well disclose its favourite Bank Licensee
In a series of changes announced by RBI on the criteria for selecting Bank licensees, one more statement has come out today stating that “RBI may dilute the initial Capital Requirement to accommodate more licenses”. Report Coming after addition of … Continue reading
Posted in RBI
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