Search Results for: bank fraud

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 →

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 →

The RBI directions of September 29, 2016 on Aadhaar based authentication for Card Present Transactions is yet another intiative taken by RBI to improve the security of Card transactions and reducing the fraud possibilities. The policy reiterates and sets a … Continue reading →

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 →

I draw the attention of all the individuals who hold the position of a Director in any of the Scheduled Commercial Banks in India including RRBs as well as Cooperative Banks about the new responsibility thrust on them by RBI … Continue reading →

It has been pointed out ad nauseam on this forum that Cyber threats in Banks are looming large to be considered as a “National Security Issue”. However, the commercial considerations in Banks have pushed technology solutions ahead of security considerations … Continue reading →