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Author Archives: Vijayashankar Na
This credit card fraud should be a lesson to Judges, Adjudicators and Banking Ombudsmen
The credit card fraud reported in media today involving use of 580 fake cards created by fraudsters resulting in withdrawals of Rs 2.84 crores from Kotak Mahindra Bank is a lesson to all those men in Judicial positions who have … Continue reading
Posted in Cyber Law
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WhatsApp Moment in Indian Financial Services
Happy to note that Mr Nandan Nilekani is back at what he is at best..the professional circles..after a brief brush with politics that too with the Congress party. Naavi has been highly critical of his association with Congress party which … Continue reading
Posted in Cyber Law, Information Assurance
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1710 Bank Frauds reported by Police..Does RBI have a count?
Dr Triveni Singh, the additional Superintendent Lucknow is emerging as a “Super Cyber Crime Cop” of the country having resolved many individual and organized cyber crimes in the areas around Noida and NCR region of Delhi. Dr Tiveni Singh is an … Continue reading
Posted in Cyber Law
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Voluntary Special Interest Group on Secure Digital India (VSIG-SDI)
Regular visitors of this site remember the article “If NAMO is the CEO of Digital India, who is the CISO”? This thought is still ringing in the minds of many of us who are wholeheartedly supporting the Digital India project … Continue reading
Posted in Cyber Law
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Cyber Insurance and Data Breach Liability
In US it is stated that 46 of the 50 states have made Data Breach Notification mandatory. As a result when a data breach even occurs the company needs to conduct an in house audit and then send out notifications … Continue reading
Posted in Cyber Law
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Protect Bank Consumers from Frauds or be prepared for disaster..A warning to BJP Government
Naavi has been arguing from a long time that Banks are vicariously liable for Cyber Crimes in which customers lose money. It is under this argument that in the S.Umashankar Vs ICICI Bank case, the adjudicator of Tamil Nadu held … Continue reading