Search Results for: bank fraud

Uber failed in ITA 2008 Compliance

Posted on December 11, 2014 by Vijayashankar Na

Before we proceed, let me make one point clear. Banning of Uber and other “App Based Taxi Services” is completely unacceptable. It is an immature reaction to the incident and should be reversed immediately. We need to learn from the … Continue reading →

Posted in ITA 2008 | 1 Comment

G Mail hacking news triggers interest in Cyber Insurance

Posted on September 15, 2014 by Vijayashankar Na

The recent report on the compromise of 4.93 million passwords has triggered a renewed interest in Insurance against Data Security threats. According to this report in Indian Express, (See here), some of the BPOs in India have been showing interest … Continue reading →

Posted in ITA 2008 | Leave a comment

How the lure of Samsung Galaxy at Rs 1.72 can land you in trouble

Posted on July 11, 2014 by Vijayashankar Na

It is known for some time that fraudsters use unrelated e-mails to drop trojans which may be used for phishing. Here is an example of an e-mail which says “..Own Samsung Galaxy for Rs 1.72..”   The link appears to … Continue reading →

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RBI limits Customer’s Loss on Phishing

Posted on June 25, 2014 by Vijayashankar Na

In an excellent but long awaited move, RBI has directed Banks that the liability of customers on “Phishing” loss should be limited to Rs 10000/- See Report The new Banking Service code of ( Banking Codes and Standard Board of India … Continue reading →

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Agenda for the new IT Minister

Posted on May 27, 2014 by Vijayashankar Na

To Mr Ravishankar Prasad Minister of Communications and Information Technology Delhi   Dear Sir,I would like to place before him an action agenda for immediate implementation. 1. The Cyber Apppelate Tribunal (CAT) which is the apex Cyber Judiciary body supervising 28+adjudicators … Continue reading →

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Maharashtra Adjudicator defines CDR as “Sensitive Personal Information”

Posted on January 17, 2014 by Vijayashankar Na

In an interesting case decided by the Maharashtra Adjudicator Mr Rajesh Aggarwal, compenation of Rs 18 lakhs was granted to a client against the Bank (ICICI Bank) and the Mobile Service Provider(Vodafone) in a phishing case. The case was handled … Continue reading →

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