Naavi
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IICA Qualified Independent Director
Book Cyber Crimes
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Search Results for: bank
Beware of the Bank Merger related fraud
Currently, the Government has announced a merger of SBI with some of the associate Banks including SBM. It is reported that a new fraud has surfaced in which fraudsters are calling associate bank customers and informing them that due to … Continue reading
Will Cooperative Banks be a Security hole in the Indian Banking industry?
The recent developments in RBI with the issue of “Cyber Security Guidelines” on June 2, 2016 and formation of an IT Subsidiary which apart from overseeing the internal IT operations will guide the regulated Banks also has created a renewed … Continue reading
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The trinity of E Banking Security.. How will they coordinate their activities?
Over the years, RBI has grown in multiple directions and the management of its responsibilities is getting increasingly complicated. The media is obsessed with the monetary policy related functioning of the RBI such as the management of interest rates and … Continue reading
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New Cyber Security Framework for Banks will shakeup CISOs in Banks.
RBI has been from time to time providing guidelines to Banks for managing the Information Security aspects. Recently, RBI also has created an Information Security Subsidiary which apart from looking after the Information Security in RBI will also provide policy … Continue reading
Have Russian Hackers entered India?.attacking State Bank of Mysore and Bank of Baroda?
Recently two bank fraud incidents have been reported one from State Bank of Mysore in Karnataka and another from Bank of Baroda in Lucknow where security specialists have suspected hacking of the Bank’s servers without any compromise of information at … Continue reading
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Has RBI Permitted Social Media Banking?.. What about audit of Mobile Apps?
We have been following the discussions on how the Unified Payment Interface introduced by RBI has created one big security risk where the telecom links have been provided a direct access to Banking transactions server through execution of USSD codes. … Continue reading