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Naavi
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Search Results for: e banking
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
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
Posted in Cyber Law
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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
Posted in Cyber Crime
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SBI introduces a long awaited security measure to control Card frauds
State Bank of India has been one of the Banks specially targetted by Card fraudsters for cloning and fraudulent withdrawal. A few years ago, Damodaran Committee of RBI recommended the most sensible control where by the customer should be given … Continue reading
Posted in Cyber Law
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Unified Payment Interface makes Mobile a better tool for financial frauds
Last week, Reserve Bank of India proudly announced the launch of a “Unified Payment Interface” (UPI) hailed as the next giant leap in “Digital Payment System Innovation”. UPI is expected to make our mobiles a universal instrument for all forms … Continue reading
Posted in Cyber Law
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Mobile Apps of Banks ..Not audited by RBI?
Today, I received an interesting question posed to me through the Cyber Law Guru mobile APP. The question was posed by one by name “Sisirk” and stated as follows: Question: As per their RTI reply, RBI hasn’t really given permission … Continue reading
Posted in Cyber Law
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