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Search Results for: bank fraud
Banks are under Attack.. Beware
Security specialists have put out a grave warning about a massive Cyber attack planned against 30 major US Banks. RSA recently announced that a gang of Criminals had developed a sophisticated Trojan under a project idenitified as “Project Blitzkreig” which … Continue reading
How the OTP system for Bank transactions is bypassed
Dec 7: The commercial banks in India have banked heavily on the two factor system where the OTP sent through a mobile is used to authenticate the password based access. Some Banks like SBI and ICICI Bank even tried to convince … Continue reading
Advisory from DOT on Removing content
The Telecommunications Act 2023 which is basically a regulation for the industry has certain provisions applicable to the use of Telecommunication services which has a bearing on the users as well. Most of the provisions of the Act became effective … Continue reading
Posted in Cyber Law
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Is this the future of Secure E Mail system?… Creating own E Mail ecosystem in an enterprise
Functionality and Security are two dimensions of any software that needs to be balanced through regulation. Internet and E Mails were created with a purpose of effective communication and hence functionality was the prime concern in the design of protocols such … Continue reading
Posted in Cyber Law
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JPC Recommendations on SWIFT Alternative: Out of scope and Disruptive of Global Economic System
One of the surprising inclusions in the recommendations of the JPC on PDPB is related to the SWIFT network. The recommendation 8 states “The Committee observe that data protection in the financial sector is a matter of genuine concern worldwide, … Continue reading
Posted in Cyber Law
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Watching the NPCI…Let NPCI not become a Crypto Exchange mechanism
We have pointed out several times how NPCI needs to take more responsibility for securing financial transactions in India Besides yesterday’s article (NPCI needs to be watched) Some of the earlier articles in this regard are given below. The Cosmos … Continue reading
Posted in Cyber Law
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