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Naavi
IICA Qualified Independent Director
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Search Results for: insurance
Data on Financial Crimes need to be published
Indian Banking has taken shape from the UK Banking laws. One of the principles that Banking has followed for a long time is trying to be secretive about the fraud losses at least in the individual balance sheets of Banks … Continue reading
Posted in Cyber Law
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UK DPA strikes at Uber: Delivers a lesson in Password construction
Uber has been fined by the UK DPA for UK sterling 385000/- (Approx Rs 3.5 crores) for failing to protect its customer’s data during a breach. Refer report here The breach occurred in November 2016 when GDPR notification was in … Continue reading
Posted in Cyber Law
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RBI needs to Fight with Mazar Virus rather than fighting with the Government
The Reserve Bank of India is in the news for picking up a fight with the Central Government on the right to use its reserves in a manner it deems fit. The fight whether RBI is over capitalized with the … Continue reading
Digital Banking in India is now under a serious threat… RBI needs to wake up
India has adopted a Governance policy involving high dependency on Digital Banking and this technological shift in Banking has the blessings of the Government, the RBI and also the Banks. Government is happy with Digital Banking because it is an … Continue reading
Posted in Cyber Law
Tagged Andoriod Virus, Bank fraud, Gurumurthy, Mazar BOT, Nandkumar Sarvade, RBI
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Fake Bank accounts being opened by RBL in Bangalore
In the recent days some of the new generation banks have been opening Bank accounts for customers online with an Aadhaar based eKYC. Naavi has highlighted several times that eKYC is only as secure as the security of a mobile … Continue reading
Let’s steer clear of the “Sagarika Syndrome”
A couple of weeks back, Niti Aayog published a document outlining “National health Stack” which was the proposed digital platform architecture to support the Ayushman Bharat program of the Government which is trying to provide a “Social health Security” to … Continue reading