Search Results for: limited liability

Digital Banking in India is now under a serious threat… RBI needs to wake up

Posted on November 15, 2018 by 98410spice

India has adopted a Governance policy involving high dependency on Digital Banking and this technological shift in Banking has the blessings of the Government, the RBI and also the Banks. Government is happy with Digital Banking because it is an … Continue reading →

Posted in Cyber Law | Tagged , , , , , | 5 Comments

Cyber Criminals disturb the Hornet’s Nest in Bengaluru by attacking the DGP

Posted on October 18, 2018 by 98410spice

In an interesting cyber crime reported from Bangaluru, the DGP and Chief of Internal Security Division, Mr Ashit Mohan Prasad, IPS, was defrauded by Cyber Criminals to the extent of Rs 2 lakhs. This was a typical fraud in which … Continue reading →

Posted in Cyber Law | Tagged , | Leave a comment

New Year Resolutions

Posted on January 1, 2018 by Vijayashankar Na

As the new year 2018 dawns on us and we complete the sending of greetings to all our friends, it is time to start thinking how this year will be different from our previous years and how we make it … Continue reading →

Posted in Cyber Law | Tagged , , , , , | Leave a comment

I was on 16 and Going on 17….I need everyone….to know me and comply…says ITA 2000/8

Posted on October 17, 2017 by Vijayashankar Na

Wishing All a Happy Digital Society Day of IndiaWe need not reiterate here that we try to celebrate October 17 every year as the “Digital Society Day of India” because the judicially acceptable “Digital Society” was born in India on … Continue reading →

Posted in Cyber Law | Leave a comment

Bangalore Cyber Crime Police record a notable success…What next?

Posted on September 16, 2017 by Vijayashankar Na

It was heartening to note today that Times of India front news page carried a news of a successful Cyber Crime prevention operation in which Skimming in 5 ATMs were detected before any customer reported a loss. Normally Banks realize … Continue reading →

Posted in Cyber Law | Leave a comment

Does SBI Cards pose a special risk for customers because of Incompetence and possible collusion?

Posted on September 2, 2017 by Vijayashankar Na

We have been discussing the “Limited Liability” Circular of RBI which was first issued in draft form on August 11, 2016 and confirmed on July 6 2017. However, recently when one of the customers of SBI Cards from Chennai, (a … Continue reading →

Posted in Cyber Law | 2 Comments