IICA Qualified Independent Director
Naavi
FDPPI Qualified Data Auditor
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Daily Archives: June 15, 2013
Axis Bank will now has to eat its own words..
In the Adjudicator’s forum in Bangalore, Axis Bank has advanced a mischievous argument that Section 43 of ITA 2008 cannot be invoked by a Company. If this argument is given credence, no company can invoke any offences under Section 66 … Continue reading
Posted in Cyber Crime, Cyber Law, ITA 2008
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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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Outsourcing security of Banking transactions
The recent ATM frauds in Mumbai and elsewhere has re-opened the discussion on the risks arising out of “Outsourcing” in the Indian Banking scenario. The commercial Banks in India have grown so greedy that they are looking at every opportunity … Continue reading
Posted in Bank, Cyber Law, ITA 2008
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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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Cyber Surveillance in India
The public outcry on the US program “PRISM” under which US Government is said to be spying on Cyber Communication of individuals has naturally raised some attention on the Indian situation. Under ITA 2008 there are powers for the Government … Continue reading
Posted in Cyber Law
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IB Warnings on WeChat app
It is reported that Indian intelligence agencies have flagged a mobile application by name WeChat developed by a Chinese company “Tencent” as a “Threat”. After the revelation about the US intelligence program PRISM through which the US Intelligence agencies are … Continue reading
Posted in Cyber Law
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