Daily Archives: July 9, 2013

Naavi’s proposition on Sanctions on Banks is reflected also in the EU guidelines

“Mandatory Sanctions” as a part of the Information Security policy has been advocated by HIPAA way back in 1996 and is being increasingly accepted as a necessary part of a good Information Security policy. The theory of Information Security Motivation¬†advocated … Continue reading

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New Banking Licensees- Beware of IT Companies who want to trap you.

RBI has now invited applications for new banking license from private sector which has attracted 26 aspirants to make an application. Many of these are thinking of building their Banking empire on the edifice of technology. Already, Indian Banking system … Continue reading

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The Thief who stole Rs 286 crores from Banks coming to India

Recently all across Europe, the “Euro Grabber” stealthily stole around 36 million euro (Rs 286 crores) from Bank customers. These were all customers who thought that a) Their money in the Bank was safe. b) Internet Banking was a great … Continue reading

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