Naavi
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IICA Qualified Independent Director
Book Cyber Crimes
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Category Archives: Information Assurance
Outsourcing security of Banking transactions
The recent ATM frauds in Mumbai and elsewhere has re-opened the discussion on the risks arising out of “Outsourcing” in the Indian Banking scenario. The commercial Banks in India have grown so greedy that they are looking at every opportunity … Continue reading
Posted in Bank, Cyber Law, ITA 2008
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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
Posted in Bank, Cyber Crime, Cyber Law
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Use of Aadhar for Cardholder authentication
It is reported that RBI is considering use of Aadhar as a second factor authentication for Credit Card transactions. Report in TOI here The cost of upgrading the card swipe mechanism at the merchants with a biometric capable instrument is … Continue reading
Posted in Bank, RBI, Uncategorized
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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
Posted in Bank, Cyber Crime, Cyber Law, ITA 2008, Uncategorized
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Safe E Banking- Some initiatives that calls for attention
Naavi has been following the developments in the Indian Banking scenario for the last 4 decades and has closely been associated with the industry as an employee of the Banking industry as well as a consultant and critique. In the … Continue reading
Posted in Bank, RBI, Uncategorized
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IT Security Summit 2013 held at Pune
The College of Agricultural Banking, Pune, a premier training institute for Bankers in India an arm of the Reserve Bank of India conducted a two day workshop on IT Security. Attended by over 40 CISOs of different Banks, the two … Continue reading
Posted in Bank, ITA 2008, RBI
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