Search Results for: e banking
SIM hijacking vulnerabilities puncture Bank’s legal arguments
In all cases of Banking frauds involving “Unauthorized Access”, Banks have been putting across various arguments to shift the blame entirely on the customers. We had reported a recent incident where HDFC Bank had tried to bully a customer for … Continue reading
How Banks Cheat in Limited Liability instances
At one time, Bankers were considered trusted individuals and respected in the community. But with the advent of technology, Bankers of the older generation receded into the background and technologists came into the Banking profession. Today Technologists have become Bankers … Continue reading
Views of Kris Gopalakrishna…on Privacy…2 Leveraging data for the benefit of the individuals
(This is in continuation of the previous article) The next two comments of Shri Kris Gopalakrishna that we would like to analyze is 2. “India has a huge opportunity to leverage data in every aspect: data will be very important … Continue reading
Kris Gopalakrishna clarifies the role of Data Governance Committee
We refer to our two earlier articles on the subject of “Data Governance Framework” and the new Expert Committee on Data Governance that has been announced. It was pointed out that the Srikrishna committee had spoken of the necessity of … Continue reading
New Cyber Crime Act in the anvil?
Recently, Mr Amit Shah, the honourable Home Minister of India collected information from across the country on the amendments that are required to the law to effectively counter Cyber crimes. Information coming out of the ministry seems to suggest that … Continue reading
FINTECH Steering Committee Report
On 5th March 2018, GOI constituted a Steering Committee on Fintech related issues which has now come up with its recommendations. It was comprised of Secretaries of different ministries and headed by the Secretary of Economic Affairs (DEA) , Mr Subhash … Continue reading