Category Archives: Information Assurance
Maharashtra Adjudicator awards 45 lakhs compensation against PNB
Adjudicator of Maharashtra (Mr Rajesh Aggarwal) has reportedly awarded a compensation of Rss 45 lakhs in a phishing case against PNB. As per the copy of the order available on the website of DIT, Maharashtra, out of the total amount … Continue reading
New RBI guidelines on IS Vs Damodaran Committee
RBI has been advising Banks from time to time on the information security in Banks. It was immediately after the ITA 2000 was notified in 2000 that RBI set out to first formulate its guidelines for cyber law compliant information … Continue reading
New RBI guidelines on E Banking security..contd
This is in continuation of the previous article on the new guidelines of RBI on E Banking security issued on February 28, 2013. Apart from the card related security measures covered in the previous article, the RBI circular also touches … Continue reading
RBI issues new guidelines for E Banking security
Naavi.org has been pointing out that RBI appears to have a dual character when it comes to policy implementation. There are one set of executives probably closer to retirement but occupying the top echelons of RBI who are still oriented … Continue reading
Who is trying to hide Cyber Fraud scam in Indian Banks?
It has been pointed out that the answer given by the Government on the status of Bank frauds in India does not appear to contain correct information. It was pointed out that the figure of frauds for 2009 quoted in … Continue reading
Government misleading Parliament on Bank fraud information
The PIB press release of 22nd February 2013 has provided some data on Bank frauds. According to this press release the fraud information for the last three years were as follows. The Bankwise data is also available here According to … Continue reading