Search Results for: bank
Banks are under Attack.. Beware
Security specialists have put out a grave warning about a massive Cyber attack planned against 30 major US Banks. RSA recently announced that a gang of Criminals had developed a sophisticated Trojan under a project idenitified as “Project Blitzkreig” which … Continue reading
How the OTP system for Bank transactions is bypassed
Dec 7: The commercial banks in India have banked heavily on the two factor system where the OTP sent through a mobile is used to authenticate the password based access. Some Banks like SBI and ICICI Bank even tried to convince … Continue reading
PATCO Case: Bank’s Liability for Frauds
Dec 3: Naavi has been personally fighting several Bank fraud cases on behalf of victim customers. This struggle has been temporarily blocked because the Government of India has failed to appoint the chairperson for Cyber Appellate Tribunal (CAT) since June 2011 … Continue reading
Section 63 of Bharatiya Sakshya Adhiniyam
Section 65B of Indian Evidence Act (IEA) was a very important amendment made to the age old Indian Evidence Act 1872 consequent to the passing of Information Technology Act 2000 (ITA 2000) notified on 17th October 2000. This section provided … Continue reading
Climate Change Impact of Artificial Intelligence usage
I draw the attention of the readers to our earlier article “Climate Change impact on ISO 42001” and the “RBI Reference on thee impact of Climate Change on Financial Risk”. RBI had also released the draft guidlines on “Disclosure Framework … Continue reading
Flagging the “Dark Pattern” in Money Control Pro Subscription consent
Yesterday, I made a post on the need for “Auto Renewals” to stop as per DPDPA. This post elicited the following response on linked-in from one of the followers which has opened up further interesting discussions. Quote: RBI has/had guidelines … Continue reading