Search Results for: e banking

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 →

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 →

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 →

My article on the Bank of Maharashtra(BOM)  UPI fraud where in I had expressed an opinion that NPCI and RBI also have  some responsibility elicited some off the record remarks  from NPCI and one of the senior technical members of … Continue reading →

The recent Cyber fraud in Mumbai where an elderly (72 year old)  woman was duped to the extent of Rs 42 lakhs in a Nigerian Scam (Refer here) open up a discussion on how it that  seemingly intelligent people fall … Continue reading →

The recent Bank of Maharashtra UPI Fraud in which Rs 25 crores were siphoned off from the Bank through UPI payment requests which were honoured by the system though there were no funds in the accounts, as well as the report … Continue reading →