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Author Archives: Vijayashankar Na
SMS Based 2F authentication is dead.. FinTech companies skating on thin ice
During the days of G Gopalakrishna Working Group (GGWG) of RBI which was deliberating on the E Banking security, two Banks namely ICICI Bank and SBI who were members of the committee tried to argue that “Two Factor Authentication” should … Continue reading
Posted in Bank, RBI
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FinTech Companies need to watch out for the new regulations from SSWG
Since June 2016, there have been a flurry of activities in the RBI as regards formation of security guidelines that apply to the Financial Services Industry in general in India and Banking in particular. First, there was the circular regarding … Continue reading
Posted in Cyber Law
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RBI’s FinTech Working Group needs to secure Consumer interests also
It is good to see that RBI at last appear to be walking its talk on hardening the security in Banks. After the last circular on “Cyber Security Framework” (June 2, 2016), which while reiterating the earlier circulars issued after the … Continue reading
Posted in Cyber Law
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“There will be no prosperity without Law and Order..” Donald Trump.. A message also for Digital India
Donald Trump the Republican nominee for US president this year says “There will be no prosperity without Law and Order”. This was said in the context of the American physical space where Crime and Terrorism has created a situation where … Continue reading
Why Finger Print is not a “Signature” in electronic form?
India gave legal recognition to electronic documents on 17th October 2000 as equivalent to paper, by notifying Information Technology Act 2000 (ITA 2000). At the same time, a system of “Signing” of an electronic document was also given recognition in … Continue reading
Posted in Cyber Law
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Cyber Abuse is not Free Speech and Virtual Reality is not Reality
(This article was first published on bfirst.in) The tragic suicide of a girl in Salem who could not tolerate the threats to her dignity on the world of the face book and decided to end her life is an indication … Continue reading
Posted in Cyber Law
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