Category Archives: Cyber Crime
Axis Bank will now has to eat its own words..
In the Adjudicator’s forum in Bangalore, Axis Bank has advanced a mischievous argument that Section 43 of ITA 2008 cannot be invoked by a Company. If this argument is given credence, no company can invoke any offences under Section 66 … Continue reading
Axis Bank ATM license should be cancelled by RBI
Axis Bank has been in the news for the wrong reasons in recent days involving one kind of Cyber Fraud or the other. There have been many Phishing frauds and KYC failure reports as well as organized money laundering in … Continue reading
Karnataka High Court delivers a favourable verdict for Axis Bank
P.S: Karnataka High Court has given a decision on 27th May 2013 in a writ petition filed by Axis Bank which has a huge implication on Cyber Crime victims in Karnataka and elsewhere in India. Hence in the general public … Continue reading
Bank Executive in Credit Card fraud
In a credit card cloning fraud in Hyderabad, an employee of HSBC call center has been arrested on charges of credit card cloning. The executive reportedly bought credit card data from a Nigerian and also used skimmers to collect more … Continue reading
Cyber Appellate Tribunal Chairman-Status
Ever since the earlier Chairperson of Cyber Appellate Tribunal (CAT), Justice Mr Rajesh Tandon approached super annuation in June 2011, Naavi has been requesting for quick appointment of a new Chairperson in replacement of Mr Tandon or continue Mr Tandon … Continue reading
Android Mobile Virus for Phishing found in South Korea
A Phishing malware operating int he Android mobile platform has been detected in South Korea. McAfee Mobile Security detects this threat as Android/FakeBankDropper.A and Android/FakeBank.A and alerts mobile users if it is present This new trojan targets, South-Korean bank users with a fake message … Continue reading