Search Results for: e banking

RBI’s FinTech Working Group needs to secure Consumer interests also

It is good to see that RBI at last appear to be walking its talk on hardening the security in Banks. After the last circular on “Cyber Security Framework” (June 2, 2016), which while reiterating the earlier circulars issued after the … Continue reading

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“There will be no prosperity without Law and Order..” Donald Trump.. A message also for Digital India

Donald Trump the Republican nominee for US president  this year  says “There will be no prosperity without Law and Order”.  This was said in the context of the American physical space where Crime and Terrorism has created a situation where … Continue reading

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Why Finger Print is not a “Signature” in electronic form?

India gave legal recognition to electronic documents on 17th October 2000 as equivalent to paper, by notifying Information Technology Act 2000 (ITA 2000). At the same time, a system of “Signing” of an electronic document was also given recognition in … Continue reading

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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

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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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