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Search Results for: bank
Axis Bank license is not going to be cancelled
After the earlier post in which I had indicated the unusual interest on the topic “Axis Bank” ,”License Cancelled”, one of my friends sent me a news paper report in a vernacular paper in Mumbai reproduced below. It appears that … Continue reading
Posted in Cyber Law
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Unexplained Sudden Surge in interest in Axis Bank
Since yesterday, a strange surge in interest has been seen in “Axis Bank” in the Netizen community particularly connected to fraud and ATMs and surprisingly on “Cancellation of license”. This was observed by a large number of visitors to Naavi.org … Continue reading
Posted in Cyber Law
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Report Fraudulent Note Exchanges by Bankers anonymously here
It was reported yesterday that two of the Government officials whose houses were raided by IT department revealed that more than Rs 4 crores of new currencies were held by them. Obviously this has been converted from the black money … Continue reading
The Tesco Bank Attack..Yet another incident of Security Failure
The UK based Tesco Bank recently observed suspicious transactions in around 40000 Current Accounts and had to temporarily shut down transactions in the accounts. Subsequently it was indicated that about 9000 accounts saw fraudulent withdrawals to the total extent of … Continue reading
Posted in Cyber Law
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RBI should do a security audit of Corporation Bank new IT system
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
Posted in Cyber Law
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Why Corporation Bank may face Denial of Service Charge?
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