Search Results for: insurance
Beware of the Cyber “Stone Pelters”
The news about WIPRO retrenching some employees has caused a slight stir in the minds of many aspiring Engineering graduates about the future of their employment prospects. Though the number of retrenchments in WIPRO is by itself not a large … Continue reading
Protect Indian Companies through the proposed Indian Data Protection Act from possible GDPR Overreach
Indian Corporate world exposed to any form of data processing involving a member of the European Union including the countries which have exited recently (Like Britain) or those who may exit in due course (Say France?) are keenly watching the … Continue reading
Software Application is not a mere piece of coding…There is business behind it
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
NPCI and RBI cannot absolve themselves of responsibility in UPI Fraud
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
The GDPR Threat hangs over the head of Indian IT Processors
Indian IT industry has a high stake in the outsourced business from US and EU, UK markets. A good part of this outsourced business involves processing of “Personal Data” of data subjects of the respective country. As regards US, India … Continue reading
Draft Rules for Security of Prepaid Instruments released for public comments
As a part of the “Reasonable Security Practices” under Section 43A of ITA 2000/8, Government of India has released draft rules called “Information Technology (Security of Prepaid Payment Instruments) Rules, 2017” for public comments. A copy of the draft rules … Continue reading