Search Results for: limited liability

Times of India carried a report today headlined ‘Banks lost Rs 88553 an hour to Cybercrime in last 3 years”. According to the report, the total money lost from April 1, 2014 to June 30, 2017 due to Cyber Crime … Continue reading →

Yesterday, in the conclave on “Securing Cyber Space” at IIC, Delhi, experts from different NGOs spoke on the topic of Civil Society Consultations on Net issues such as net Neutrality and Internet Shutdowns before an august audience of Cyber Security … Continue reading →

I refer to the discussions we had in the case of the Phishing fraud at Musiri Branch of State Bank of India where I tried to provide some guidance to the Customer on what sort of complaint he has to … Continue reading →

This is an open letter to The Manager, State Bank of India, Musiri Branch, Tiruchirapalli Branch, Tamil Nadu. Dear Sir I am informed that on June 7th 2017, 5 fraudulent withdrawals have been made from one of the customer’s of … Continue reading →

Recently, in the WhatsApp circles, there was news about RBI cautioning the public with “Multi Bank Balance Enquiry Apps”. This was actually an advisory issued earlier on 11th April 2015, in which RBI stated as follows. “It has come to the … Continue reading →

The recent Bank of Maharashtra UPI Fraud in which Rs 25 crores were siphoned off from the Bank through UPI payment requests which were honoured by the system though there were no funds in the accounts, as well as the report … Continue reading →