Monthly Archives: February 2013

Who is trying to hide Cyber Fraud scam in Indian Banks?

It has been pointed out that the answer given by the Government on the status of Bank frauds in India does not appear to contain correct information. It was pointed out that the figure of frauds for 2009 quoted in … Continue reading

Posted in Bank, Cyber Crime, RBI | Leave a comment

Government misleading Parliament on Bank fraud information

The PIB press release of 22nd February 2013 has provided some data on Bank frauds. According to this press release the fraud information for the last three years were as follows. The Bankwise data is also available here According to … Continue reading

Posted in Bank, Cyber Crime, RBI | 1 Comment

Banking frauds in India

RBI has for the first time released some statistics of frauds in the Indian Banks. (Details here) : ¬†(Press Release) According to the figures released Cyber Frauds in 2012 were about Rs 52.7 crores as against Rs 40.5 cores in … Continue reading

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Sec 66A abused again

Kerala Police have joined the bandwagon of Section 66A abusers by booking 111 persons for comments on Facebook. This is in respect of a Facebook comment made by one person and shared by other 110 persons regarding Mr P.J.Kurien who … Continue reading

Posted in Cyber Crime, Cyber Law, ITA 2008, Netizen's Forum, Uncategorized | Leave a comment

ICICI Bank Credit Card fraud surfaces at Mysore

A serious credit card fraud has been reported from Mysore where a holder of ICICI Bank credit card has found that nearly RS 1 lakh has been debited to his credit card account on account of an airline ticket purchase … Continue reading

Posted in Bank, Cyber Crime, Netizen's Forum, RBI | 1 Comment

Mysore Grahak Parishat takes up Cheque disincentivisation issue

Mysore Grahak Parishat, the active consumer organization in Mysore is trying to create awareness of the impact of the RBI discussion paper on Disincentivisation of Cheques. A press release has recently been ¬†issued by the organisation in this regard. A … Continue reading

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