Search Results for: e banking

US Bank Offers Cyber Insurance for Wire Transfer transactions

Naavi has been repeatedly emphasizing the need for banks to provide mandatory Cyber Insurance for the benefit of the customers as a support to the technology related innovations which have changed the threat landscape in the Banking industry. While new … Continue reading

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Raghuram Rajan exits.. Media starts its games once again.

The media including the otherwise respected Economic Times and CNBC TV  all predicted dooms day for Indian economy if Rajan is not given a second term. It was funny to observe that even Mr Narayana Murthy of Infosys made a … Continue reading

Posted in Bank, RBI | 3 Comments

The Mystery Land of Cyber Insurance-3: Who should get Cyber Insurance Cover?

Naavi  has been an advocate of Cyber Insurance for a long long time. However, the market seems to be dragging its feet either because the insurance companies are too scared to touch the unknown risks involved or the insurance seekers … Continue reading

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New Cyber Security Framework for Banks will shakeup CISOs in Banks.

RBI has been from time to time providing guidelines to Banks for managing the Information Security aspects. Recently, RBI also has created an Information Security Subsidiary which apart from looking after the Information Security in RBI will also provide policy … Continue reading

Posted in Cyber Law | 1 Comment

Dr Swamy bowls a googly at Raghuram Rajan… Is media carrying a biased campaign?

For the last few weeks, intense debate has ensued on whether the RBI Governor, Mr Raghuram Rajan should get a second term or not. The media has been batting for an extension of Mr Rajan’s tenure as if he is … Continue reading

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Have Russian Hackers entered India?.attacking State Bank of Mysore and Bank of Baroda?

Recently two bank fraud incidents have been reported one from State Bank of Mysore in Karnataka and another from Bank of Baroda in Lucknow where security specialists have suspected hacking of the Bank’s servers without any compromise of information at … Continue reading

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