Daily Archives: June 20, 2013

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 | Leave a comment

A Mule arrested in Mumbai for Phishing Fraud

Mumbai Police have arrested a person in Delhi and charged him for the phishing fraud in Bank of Maharashtra, Mumbai where a Cooperative Bank (Deccan Merchant Co operative bank)had lost Rs 1.5 crores. The arrested person is one of the … Continue reading

Posted in Bank, Cyber Law | Leave a comment