Naavi
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IICA Qualified Independent Director
Book Cyber Crimes
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Search Results for: bank fraud
Dear Senior Citizens, You are unwelcome at Banks..implies RBI
The RBI discussion paper on “Disincentivisation of issuance and use of cheques” wants to impose penalties for using cheques in banking transactions as also for cash withdrawals and deposits. Instead it urges people to shift to Internet banking and ATMs. … Continue reading
Posted in Bank, Cyber Crime, Cyber Law, RBI
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Executive Director RBI calls for Round Table for discussion on Cyber Fraud liability
On January 2, 2013, Mr G.Padmanabhan, (GP) Executive Director of RBI gave a keynote address in Banker’s club Trivandrum where he has echoed some of the arguments used in the discussion paper on disincentivisation of cheques which was later released … Continue reading
Posted in Bank, Cyber Crime, Cyber Law, Netizen's Forum, RBI
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Digital Divide threatens Indian Banking
The move from RBI to aggressively promote E Banking even in the light of repeated assertions that the E Banking risks are beyond tolerance levels and to actively discourage use of cheques and cash in Banking is likely to be … Continue reading
Posted in RBI
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Phishing Frauds and Customer Liability
Here is an interesting paper about how in US and EU, losses arising out of password thefts such as Phishing are not borne by the customers. RBI needs to take special note of this. In particular I would like to … Continue reading
Posted in Bank, Cyber Crime, Cyber Law, Information Assurance
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Is Indian Banking system hiding the risks?
The recent report of frauds in the Credit card system in India has given rise to a discussion on how safe is Indian Banking system and whether there is a systematic attempt to suppress threat information from public and give … Continue reading
Posted in Cyber Crime, ITA 2008
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Bankers try to mislead credit card customers
Earlier in the day today, Times of India first reported the arrest of 5 Indians in USA in connection with the US$ 200 million credit card fraud. Immediately thereafter there was a second report in TOI itself attributing the growth … Continue reading
Posted in Bank, Cyber Crime, Cyber Law, Information Assurance
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