Search Results for: e banking

Has LIC ignored Government Directions on digital payment incentives?

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

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The Brighter side of hacking of Congress Twitter accounts

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

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Responsibility of IT companies for Cyber Security

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

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Mirai Botnet brings down Liberia’s Internet.. What do we learn?

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

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Let RBI show Who is the Boss

Over the last few days, there have been lot of discussions in all levels about what caused the mega data breach that compromised a suspected 32 lakh debit card data belonging 10 around 19 Banks. As we expected and desired, … Continue reading

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Consumer Protection Bill 2015-Some thoughts-3

(This is a continuation of the series of articles on this subject) Article1 : Article 2 : Article 3: Article 4 : Article 5 (Easy to Read copy of the Bill) The Dispute Resolution Mechanism The main objective of CPB 2015 is to … Continue reading

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