Monthly Archives: June 2016

SBI’s NEFT system poses a legal risk…Action required from SBI and RBI

One of the customers of SBI has reported a faulty behaviour of the NEFT system in SBI which needs to be explored both by SBI and the RBI. It could be considered as causing a “Legal Risk” both to the … Continue reading

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Is NASSCOM promoting an Online authentication system which is not ITA 2008 compliant?

Recently, NASSCOM (through DSCI) conducted product promotion seminars for FIDO alliance at Mumbai and Bangalore, introducing some online authentication solutions along with some partners of FIDO alliance in India like Persistent Systems. According to the website of FIDO alliance, FIDO stands … Continue reading

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New Cyber Security Framework for Banks will shakeup CISOs in Banks.

RBI has been from time to time providing guidelines to Banks for managing the Information Security aspects. Recently, RBI also has created an Information Security Subsidiary which apart from looking after the Information Security in RBI will also provide policy … Continue reading

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FDA CFR Part 11 regulations and Indian Companies

It appears that, of late, the US FDA has been tightening the implementation of CFR part 11 regulations regarding maintenance of records in electronic form. The tremors are being felt now in India since these regulations also affect Indian pharma … Continue reading

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