Search Results for: e banking

A report in the times group of papers today, it was stated that the Government has mandated that Banks need to report “Breaches” in their systems within 2 hours to the Government. TOI in its article titled “Government asks banks … Continue reading →

Around 2003, the undersigned had come up with a solution named “Digital Value Imprinted Instrument System” (DVIIS). This was a “Brick and Click” solution to many of the problems of physical instruments which have a monetary value including “Currency”, “Stamps”, … Continue reading →

Recently, the Government of India announced several incentives to promote digital payments. These included 10% incentive on LIC payments. (Refer article here). The incentives announced were for the following transactions. 1.Discount of 0.75% on petrol and diesel sold through Government … Continue reading →

Just today, I had sent a letter to the RBI Governor Mr Urjit Patel to immediately issue the “Limited Liability Circular” of August 11th in an operational form. (Refer this article) The circular was first issued in draft form for … Continue reading →

A debate has ensued in Germany that IT industry should be held responsible for security breaches affecting the public. According to this report  “Leading German politicians have called for IT and telecoms equipment makers to be held liable for cyber attacks, … Continue reading →

The DDOS attack on the Internet service provider Dyn which suffered a massive DDOS attack on October 21 with  1.2 Terra Bytes of data directed from about 145000 CCTV/DVR instruments working as a botnet shook up US internet and brought … Continue reading →