Search Results for: bank

Regulating Ethical Hacking Training in India

The recent accusation that a prominent information  security training company in India was responsible for release of some malware in the wild and used for Cyber Espionage of Telenor and also for attacking Pakistani and Chinese web assets has raised … Continue reading

Posted in Cyber Crime, ITA 2008, Netizen's Forum, Uncategorized | 1 Comment

ICICI Employee Arrested for 32 lakhs fraud

An ex employee of ICICI Bank has reportedly been arrested for duping one of the Canadian Customer, by name Pierre Courtat to the extent of Rs 32 lakhs. The customer held about 61451 Canadian dollars in an account which was … Continue reading

Posted in Bank, ITA 2008 | Leave a comment

Problem of Near Field Communication in Credit Cards

It has been reported by BBC that in a Marks and Spencer outlet it was observed that when one customer was trying to swipe his card for payment, the POS recorded the transaction by picking up card data from another card which … Continue reading

Posted in Cyber Law | Leave a comment

Companies should shun RTGS accounts

The recent fraud in Mumbai where Rs 2.41 crore was siphoned off from RPG group’s account through RTGS is a repetition of many such frauds which are happening on a regular basis in India. While we continue to debate that Banks are … Continue reading

Posted in Bank, Cyber Crime, ITA 2008, RBI | Leave a comment

Karnataka High Court needs to take note

Karnataka High Court has recently stopped the Karnataka Adjudicator from discharging his duty as an Adjudicator of Karnataka by granting a stay of proceedings on a petition of Axis Bank  Vs Gujarat PtroSynthese Ltd complaint. This decision has been given … Continue reading

Posted in Cyber Law, ITA 2008 | Leave a comment

Karnataka High Court in defiance of State Human Rights Commission

It is reported that the Vacation bench of the Karnataka High Court has on a petition from Axis Bank issued an interim stay on the proceedings of Adjudication until 27th May when the regular bench will hear the petition. The … Continue reading

Posted in Cyber Crime, Cyber Law, ITA 2008 | 1 Comment