Author Archives: Vijayashankar Na
Government of India red-flags Information Security of ICICI Bank
The notification from MeitY dated 16th June 2022 declaring the CBS system, RTGS System, NEFT System and the Structured Financial Messaging Server as protected systems and imposing the information security guidelines of 22nd May 2018 is a watershed moment in … Continue reading
ICICI Bank Information Security now under monitoring of the CERT-IN
On 16th of June, 2022, the Government of India issued a Gazette Notification declaring some of the digitals assets of ICICI Bank as “Protected System” under Section 70 of ITA 2000. At present only a copy of the Gazette Notification … Continue reading
Amendment to Intermediary Guidelines-Grievance Appellate Committee
The MeitY had announced Intermediary Guidelines and Digital Media Ethics guidelines on 25th February 2021 which had evoked the Anti-CAA kind of response from the industry. Several High Courts (Kerala, Bombay and Madras)came up with their own interim orders truncating … Continue reading
Understanding why Bank Frauds are increasing
It was a great pleasure for me to read the article today written by Advocate Dr Mahendra Limaye of Nagpur highlighting the need to strengthen the recipient side process of digital payments. As many of the readers know, Naavi has … Continue reading
SEBI adopts 6 hour norm for data breach notification
According to a report in Economic Times, SEBI has reportedly advised all mutual fund AMCs to report any information on Cyber incidents within 6 hours to CERT IN and SEBI, within 6 hours of noticing such incidents. This is keeping with … Continue reading
Youtube has a responsibility to remove offending videos..says Madurai Bench of Madras High Court
Madurai Bench of Madras High Court cancelled the bail grated earlier to a youtuber Sattai Durai Murugan for posting an offending video. The Court (Justice B Pugalendhi) observed that the records show Mr Durai Murugan to be a habitual offender … Continue reading