Daily Archives: May 13, 2013

Break the Back of Bank Frauds

The Great E Bank Robbery in which US$ 45 million (Rs 250 crores) was drawn in cash in about 40000 fraudulent withdrawals spread over 12 and half hours on two different days, across 27 countries is an eye opener to … Continue reading

Posted in Bank, Cyber Crime, ITA 2008, RBI, Uncategorized | 1 Comment

INCERT to conduct enquiries on Great E Bank Robbery

As referred to in our earlier post on the $45 million Global Card fraud, IN CERT is reportedly conducting an enquiry on the security breach alleged to have occurred at the two card processing companies in India. . In the … Continue reading

Posted in Cyber Crime, ITA 2008 | Leave a comment