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Author Archives: Vijayashankar Na
The Unification of Fraud possibilities through UPI
The Unified Payment System launched by RBI on 12th April 2016 on a platform managed by National Payment Corporation of India (NPCI) poses a huge challenge to the security of public money held in Banks. As we go forward, the … Continue reading
									
						Posted in Cyber Law					
					
				
				
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		Biggest data breach in Indian Banking ?
If you are an ICICI bank customer, beware that your Bank account information is open to anybody who is in possession of your mobile. This is breach of privacy under the age old Banking laws besides it is a violation … Continue reading
									
						Posted in Cyber Law					
					
				
				
				4 Comments
							
		Unified Payment Interface introduced… New Threats unleashed…
The RBI has introduced the Unified Payment Interface that is expected to change the way the current payment systems especially over mobile wallets change…hopefully for the better. NPCI (National Payment Corporation of India) has released the details of the architecture … Continue reading
									
						Posted in Cyber Law					
					
				
				
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		True Caller is abetting Cyber Frauds in India… Is it only a compromise? or Is it Recklessness?
True Caller is a reasonably popular mobile App which many mobile users in India have downloaded and installed. When the user receives a call from another True Caller user, though his name may not be in the contact list of … Continue reading
									
						Posted in Cyber Law					
					
				
				
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		Bug Bounty Policy as part of Corporate Governance Responsibilities
Software is a unique industry where from Operating Systems to applications, programs are released for public use, without any real commitment from the software developers as to whether the program is free from vulnerabilities. In fact, vulnerabilities give raise to … Continue reading
									
						Posted in Cyber Law					
					
				
				
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		A Bug in a Mobile Wallet and 5 techies end in Jail.. Where was the Bug Bounty Program?
The recently reported fraud in Kolkata where five engineering students were arrested for a Bank Wallet fraud involving Rs 8.6 crores is an incident to ponder. (See the report in TOI here). According to the report, the persons arrested were … Continue reading
			


