Search Results for: e banking

Is TransUnion-CIBIL guilty of Accessing Critical Personal Data through surreptitious means?

Indian consumers of Credit Card services have been frequently expressing their dissatisfaction against the role of CIBIL as a credit rating agency. It is often accused of cheating the public by not providing the free credit report which they are … Continue reading

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IDBI Bank held liable in Phishing Case a-la Umashankar Vs ICICI Bank

The adjudication complaint of S Umashankar Vs ICICI Bank was a historic case in which the Adjudicator of Tamil Nadu, Mr PWC Davidar held that ICICI Bank is liable for negligence despite the phishing mail having been answered by the … Continue reading

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Is the Supreme Court aware… of the adverse impact of Bitcoins?

The Supreme Court is hearing a petition from the Crypto Currency industry players challenging the April 6, 2018 RBI Circular that disallowed entities regulated by it from providing banking channels to exchanges to trade in crypto currency. RBI has been … Continue reading

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Bitcoin Ban-Unfinished Agenda of Modi 1.0

On December 31, 2017, we posed a question to Mr Modi. ” Modi is yet to open his third eye on Bitcoin, the new alternative to Black Money…Will he wake up in 2018?” Now that Mr Modi has the mandate … Continue reading

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4-D Secure protocol for Online security… Attention NPCI

Naavi.org has been in the forefront of discussions on Cyber Crimes, Data Security, Compliance requirements etc. The objective of all this is to ensure that “Digital India” does not suffer from the lack of security that is in the DNA … Continue reading

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Cyber Security Framework for Brokers..from SEBI

Just as RBI has issued a cyber security framework for Banks, NBFCs, PPI issuers etc., SEBI has also formulated a Cyber Security Framework applicable for Brokers and Depositories. The guideline issued on December 3, 2018 has suddenly gained some traction … Continue reading

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