Naavi
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IICA Qualified Independent Director
Book Cyber Crimes
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Search Results for: e banking
Cyber Crime Insurance getting attention
Naavi has been highlighting the need for Indian Banks to obtain Cyber Crime Insurance as suggested by RBI in 2001 and ensure that customers are spared from the phishing liabilities. However Banks have been generally reluctant under the ground that … Continue reading
Posted in Bank, Cyber Crime, Cyber Law, Information Assurance, RBI
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ATM Insecurity Exposed
In India, Banks are pushing Customers to interact with them only through ATMs. Even RBI is encouraging this mode of interaction and discouraging customers from visiting bank branches. As a result of this policy, Bank customers are being exposed to … Continue reading
Posted in Cyber Law
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Axis Bank ATM license should be cancelled by RBI
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
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Use of Aadhar for Cardholder authentication
It is reported that RBI is considering use of Aadhar as a second factor authentication for Credit Card transactions. Report in TOI here The cost of upgrading the card swipe mechanism at the merchants with a biometric capable instrument is … Continue reading
Posted in Bank, RBI, Uncategorized
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Punjab National Bank Customers at Special Risk
A client of Punjab National Bank in Chennai has reported that the Bank has suspended sending of SMS alerts for Internet Banking transactions as is required under RBI guidelines. The reason is reported to be some malfunctioning of some software. … Continue reading
Posted in Cyber Law
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Regulating Ethical Hacking Training in India
The recent accusation that a prominent information security training company in India was responsible for release of some malware in the wild and used for Cyber Espionage of Telenor and also for attacking Pakistani and Chinese web assets has raised … Continue reading
Posted in Cyber Crime, ITA 2008, Netizen's Forum, Uncategorized
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