Search Results for: insurance

Axis Bank ATM license should be cancelled by RBI

Posted on June 15, 2013 by Vijayashankar Na

Axis Bank has been in the news for the wrong reasons in recent days involving one kind of Cyber Fraud or the other. There have been many Phishing frauds and KYC failure reports as well as organized money laundering in … Continue reading →

Posted in Bank, Cyber Crime, Cyber Law | 2 Comments

Safe E Banking- Some initiatives that calls for attention

Posted on June 8, 2013 by Vijayashankar Na

Naavi has been following the developments in the Indian Banking scenario for the last 4 decades and has closely been associated with the industry as an employee of the Banking industry as well as a consultant and critique. In the … Continue reading →

Posted in Bank, RBI, Uncategorized | Leave a comment

Card Related Frauds and EMV Cards

Posted on May 14, 2013 by Vijayashankar Na

The recent Great E Banking Fraud in which $45 million was withdrawn in cash through ATMs after modifyng card data in the back end systems has triggered a fresh debate on how the security can be improved in card usage. … Continue reading →

Posted in Cyber Crime | Leave a comment

Modus Operandi of the Great E-Bank Robbery

Posted on May 12, 2013 by Vijayashankar Na

The recent Banking Fraud where US $45 million (Rs 250 crores) were withdrawn in cash across 27 countries was a sensational international cyber crime that warrants a serious analysis by all Cyber Crime and Cyber Security experts. What is intriguing … Continue reading →

Posted in Bank, Cyber Crime, ITA 2008, RBI | 1 Comment

Charter of Demand on behalf of Netizens of Bangalore

Posted on March 28, 2013 by Vijayashankar Na

Naavi has developed a charter of demand on behalf of the Netizens of Bangalore in the context of the forthcoming polls. Details are available at http://www.aifon.org.in/wp/?p=87 The essential part of the demand are: 1. Recognize the existence of Netizens as part … Continue reading →

Posted in Uncategorized | Leave a comment

New RBI guidelines on IS Vs Damodaran Committee

Posted on March 2, 2013 by Vijayashankar Na

RBI has been advising Banks from time to time on the information security in Banks. It was immediately after the ITA 2000 was notified in 2000 that RBI set out to first formulate its guidelines for cyber law compliant information … Continue reading →