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Search Results for: e banking
Is AEPS a Digital Honey Trap?… Is there an Escape Plan?
In January 2017, an interim report of the NITI Ayog Committee of Chief Ministers on digital payments recommended To ensure wide-scale adoption of AEPS and Aadhaar Pay, banks need to be mandated to complete Aadhaar seeding of all their customers … Continue reading
Can we replace Bitcoin argument with a “Law Compliant Crypto currency of India” acceptable to all?
Naavi.org has a history of raising issues that are necessary to create a “Responsible Cyber Society”. Towards this end we have been critical on many aspects of Law and Governance of Cyber Society, but always tried to provide a positive … Continue reading
Posted in Cyber Law
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Bitcoin Vs Counter Cyber Financial Terrorism… Which side will the NDA Government take?
Bitcoin supporters are now in a PR thrust mode trying to lobby with the Media and bring influence on the Modi Government for a favourable dispensation including some kind of recognition for Bitcoin. According to this story “India is preparing Bitcoin … Continue reading
Posted in Cyber Law
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WannaCry and Cyber Insurance
The WannaCry ransomware seems to have targetted the health sector more, probably for the reason that most of the systems used in the industry were using unpatched or old windows systems and also their employees were not as well informed … Continue reading
Posted in Cyber Law
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WannaCry, Is it an US Cyber War Preparation that went awry?
Today, the 15th May 2017, Indian corporates, including Banks will be switching on their computers with a prayer in their lips hoping that they would not see the dreaded “Your files are encrypted” screen. It is still not clear what … Continue reading
Posted in Cyber Law
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Will PSD2 have an impact in India?
Recently, in the WhatsApp circles, there was news about RBI cautioning the public with “Multi Bank Balance Enquiry Apps”. This was actually an advisory issued earlier on 11th April 2015, in which RBI stated as follows. “It has come to the … Continue reading