Search Results for: bank

CISOs in Banks to be upgraded.. Will we have “Executive Director-Security” in our Banks?

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

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The Mega Data Breach. What should “Other” Banks and FinTech Companies do?

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

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Challenge to Mr Urjit Patel.. Don’t let down Indian Banking system

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

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58 Million Records compromised in USA…. ICICI Bank may need to issue a disclaimer

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

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Naavi on Responsibility of Bankers for E Banking Frauds

Cyber Society of India (CySi), Chennai of which Naavi is the founder secretary, conducted a one day workshop on Cyber Crimes on August 6, 2016. Naavi spoke on the Role and Responsibility of Bankers  covering the legal implications under ITA 2008 … Continue reading

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E Banking Dispute Resolution Center to be activated

Naavi has been maintaining several information oriented websites and certain online services all of which are parts of resolving online disputes. For example, Naavi.org provides information on Cyber law, Cyber Crimes etc and creates awareness for the consumers about their … Continue reading

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