Search Results for: e banking

The Unified Payment System launched by RBI on 12th April 2016 on a platform managed by National Payment Corporation of India (NPCI) poses a huge challenge to the security of public money held in Banks. As we go forward, the … Continue reading →

The RBI has introduced the Unified Payment Interface that is expected to change the way the current payment systems especially over mobile wallets change…hopefully for the better. NPCI (National Payment Corporation of India) has released the details of the architecture … Continue reading →

Carbanak is one of the dreaded attacks which is reported to have been used to steal over $1 billion from the Banking systems since 2013. After a brief absence, security specialists now report that the attack is active once again. … Continue reading →

It is unfortunate that some of the unpleasant prophesies of Naavi.org on increasing Card related frauds are becoming a reality. It is reported that Mumbai Police statistics show that in the first 9 months of 2015, Credit card frauds rose … Continue reading →

The Norton/Symantec Cyber Crime study of 2014 has tried to provide an insight into the Underground Cyber Crime economy that drives the growth of financial crimes. Spamming and Phishing continue to be the major tools through which frauds are committed … Continue reading →

It was heartening to note that during the recent Cyber Security Summit in Delhi (Ground Zero), Mr Rajnath Singh, the Home Minister, stressed the need for “Cyber Security” for the success of the other Government initiatives such as the Digital … Continue reading →