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Naavi
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IICA Qualified Independent Director
Book Cyber Crimes
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Category Archives: Bank
Five Year Plan on National Cyber Security Unveiled
In a long pending but welcome move it appears that the GOI has unveiled a Five Year plan on National Cyber Security. Having recognized the inadequacy of the IND-CERT which is the designated nodal agency for Critical IT infrastructure security … Continue reading
Posted in Bank, Cyber Crime, Cyber Law, Information Assurance, TELCO
Tagged CERT, National Cyber Security, NIIPC, NTRO
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Banks Should Report Data Breach Incidents
European Union is considering mandatory data breach notification by Banks and other critical infrastructure services. A draft proposal to this effect is under consideration. At present one of the hindrances to Cyber Crime Insurance is the lack of adequate information … Continue reading
Posted in Bank, Cyber Crime
Tagged cyber crime insurance, cyber fraud, Data breach, ITA 2008
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Banks are under Attack.. Beware
Security specialists have put out a grave warning about a massive Cyber attack planned against 30 major US Banks. RSA recently announced that a gang of Criminals had developed a sophisticated Trojan under a project idenitified as “Project Blitzkreig” which … Continue reading
Virtual Key Board unsafe under IE
Dec 13: A vulnerability in Internet Explorer is said to make it possible for a hacker to track the mouse cursor movements on the screen. This would make the “Virtual key board” system used by some Banks for password entry useless. … Continue reading
Posted in Bank, Information Assurance
Tagged bank, cyber crime, india, naavi, virtual key board
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How the OTP system for Bank transactions is bypassed
Dec 7: The commercial banks in India have banked heavily on the two factor system where the OTP sent through a mobile is used to authenticate the password based access. Some Banks like SBI and ICICI Bank even tried to convince … Continue reading
PATCO Case: Bank’s Liability for Frauds
Dec 3: Naavi has been personally fighting several Bank fraud cases on behalf of victim customers. This struggle has been temporarily blocked because the Government of India has failed to appoint the chairperson for Cyber Appellate Tribunal (CAT) since June 2011 … Continue reading