Search Results for: bank

It has been pointed out in these columns that after the recent changes made in the account numbering system in Corporation Bank there have been many customer service issues. One issue that was pointed out was that though the account … Continue reading →

A few months back, Corporation Bank suddenly changed its account numbering system and issued new account numbers to all its customers.  While doing so, it was expected that the Bank would prepare it’s systems to manage the transition by accepting … Continue reading →

RBI in continuation of its fire fighting efforts after the “Mega Data Breach” in the Indian banking system has suggested that the “CISO” (Chief Information Security Officer) in a Bank which is already a senior position is to be upgraded … Continue reading →

The Mega Data Breach of 32 lakh debit cards in India is reported to have affected 19 Banks directly. It is presumed that these are the banks whose debit cards passed through the poisoned switch maintained by NPCI to route … Continue reading →

When a catastrophe is about to hit us, we look upon leaders to respond with alacrity and with decisiveness. The difference between a Man Mohan Singh and Modi lies in that character of decisive action. Now such a challenge is … Continue reading →

An unprotected open-source data base of Modern Business Solutions (MBS) based in Austin, TX is said to have compromised 58 million to 258 million data base records of its customers because of faulty configuration of its security. According to this … Continue reading →