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Naavi
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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
Posted in Cyber Law
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Principle of Secure Technology Adoption..creating a secure ecosystem for Cyber transactions
Ever since the demonetization, the pace of technology adoption in India by common people particularly for financial transactions, is on the increase. The UPI system supported by the multi banking platform such as the BHIM has brought digital payments within … Continue reading
Posted in Cyber Law
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Why GDPR is a threat to Indian IT industry
GDPR (General Data Protection Regulation) introduced by EU in replacement of the Data Protection regime hither to in place has opened up a debate on whether it is an “Opportunity” or a “Threat”. IDC predicts (Refer article here) that a … Continue reading
Posted in Cyber Law
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Tweaking the MDR charges …Watal Committee recommendations…3
This is a continuation of the discussions on the Watal Committee Report Encouraging increased use of electronic modes of transactions was one of the objectives pursued by the Watal Committee. In this direction the committee considered the transaction cost structure … Continue reading
Posted in Cyber Law
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Life after Demonetization
After the demonetization of Rs 500 and Rs 1000 currency on November 8, 2016, we have all been discussing cashless and less cash digital payment systems. Presently there are several options beyond the Cheques, NEFT, RTGS ,IMPS as well as … Continue reading
Posted in Cyber Law
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Here is how the Currency Shortage can vanish in a jiffy with “Digi-Real Currency”
P.S: At the request of some of my friends, I have elaborated here the concept of Ze-Mo coupons I referred to in my previous article as a possible solution to the post-demonetization measure where there is a shortage of currency … Continue reading
Posted in Cyber Crime
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