Search Results for: bank

Bug Bounty Policy as part of Corporate Governance Responsibilities

Software is a unique industry where from Operating Systems to applications, programs are released for public use, without any real commitment from the software developers as to whether the program is free from vulnerabilities. In fact, vulnerabilities give raise to … Continue reading

Posted in Cyber Law | 3 Comments

A Bug in a Mobile Wallet and 5 techies end in Jail.. Where was the Bug Bounty Program?

The recently reported fraud in Kolkata where five engineering students were arrested for a Bank Wallet fraud involving Rs 8.6 crores is an incident to ponder. (See the report in TOI here). According to the report, the persons arrested were … Continue reading

Posted in Cyber Law | 1 Comment

Aadhaar Bill introduced in Parliament

Realizing the need to bring legal legitimacy to the Aadhaar scheme and to counter the disruptive behaviour of the opposition parties, the Government has introduced the Aadhaar Bill as a money Bill in the Loksabha. It will therefore not require … Continue reading

Posted in Cyber Law | Leave a comment

Cyber Robbers back with Carabanak attack

Carbanak is one of the dreaded attacks which is reported to have been used to steal over $1 billion from the Banking systems since 2013. After a brief absence, security specialists now report that the attack is active once again. … Continue reading

Posted in Cyber Law | Leave a comment

Another Adjudicator, this time from Gujarat emerges to keep up the tradition

Adjudication was one of the ambitious propositions of Information Technology Act 2000 (ITA 2000) to promote quick and fair justice to Cyber Crime victims. It envisaged easy procedures free from Civil Procedure Code restraints, justice within 4 months from an … Continue reading

Posted in Cyber Law | 4 Comments

Virtual ODR is the flavour of the day for ADR

Naavi has recently launched the New and Improved service for online Arbitration at www.arbitration.in The service is presently available for any commercial arbitration though lot more work is being done in the background to scale up the services as a … Continue reading

Posted in Cyber Law | Leave a comment