Naavi
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IICA Qualified Independent Director
Book Cyber Crimes
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Category Archives: Cyber Crime
Yes Bank blames RPG group
According to this Article in ET today, Yes Bank has started blaming RPG Life Sciences for the Rs 2.41 crore fraud that has been reported to have been committed a few days back. Naavi.org has discussed several times the issue of the … Continue reading
Posted in Cyber Crime, ITA 2008
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RBI should Inspect Bank’s Subsidiaries
The recent Banking frauds in India and abroad have indicated that the security breach not only occurs at the Bank (besides the customer) but more often at the outsourcing partner of the Bank. Whether the outsource partner is a big … Continue reading
Posted in Bank, Cyber Crime, Cyber Law, ITA 2008, Netizen's Forum, RBI
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Another Great E Banking Robbery Could destroy our Banking system
The recent Bank Fraud in Mumbai in which an amount of Rs 2.41 crores was transferred out of RPG group’s account with Yes Bank coming close on the heels of US$45 million Card fraud in USA should raise the concerns … Continue reading
Posted in Bank, Cyber Crime, ITA 2008, RBI
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Companies should shun RTGS accounts
The recent fraud in Mumbai where Rs 2.41 crore was siphoned off from RPG group’s account through RTGS is a repetition of many such frauds which are happening on a regular basis in India. While we continue to debate that Banks are … Continue reading
Posted in Bank, Cyber Crime, ITA 2008, RBI
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Developer? or Virus Writer?
Naavi.org had once reported the story of an IT professional who had developed and distributed an IRCTC hacking code not knowing that it was an offence which could have landed him in jail for 3 years or more. Fortunately he … Continue reading
Posted in Cyber Crime
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Karnataka High Court in defiance of State Human Rights Commission
It is reported that the Vacation bench of the Karnataka High Court has on a petition from Axis Bank issued an interim stay on the proceedings of Adjudication until 27th May when the regular bench will hear the petition. The … Continue reading
Posted in Cyber Crime, Cyber Law, ITA 2008
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