Search Results for: e banking

90% growth in Credit Card Frauds … Dear Police, How Many Banks have you Charged?

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

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The Underground Cyber Crime Economy

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

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Bug Bounty Program from Government is required

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

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What should be the policy on Crypto Coins in Digital India ?

One of the issues that the Government of India is now trying to address is reduction in Black Money in the system. E Banking and Mobile Banking are expected to assist in the reduction of use of cash in the … Continue reading

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1710 Bank Frauds reported by Police..Does RBI have a count?

Dr Triveni Singh, the additional Superintendent Lucknow is emerging as a “Super Cyber Crime Cop” of the country having resolved many individual and organized cyber crimes in the areas around Noida and NCR region of Delhi. Dr Tiveni Singh is an … Continue reading

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Protect Bank Consumers from Frauds or be prepared for disaster..A warning to BJP Government

Naavi has been arguing from a long time that Banks are vicariously liable for Cyber Crimes in which customers lose money. It is under this argument that in the S.Umashankar Vs ICICI Bank case, the adjudicator of Tamil Nadu held … Continue reading

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