Author Archives: Vijayashankar Na

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance

Axis Bank Files Writ petition against Adjudicator of Karnataka

Posted on May 16, 2013 by Vijayashankar Na

In an interesting development in Bangalore, Axis Bank which is a business client of the Government of Karnataka for e Governance payment system management  has filed a writ petition against the Principal Secretary IT and BT of the Government of … Continue reading →

Posted in Bank, Cyber Crime, ITA 2008, Uncategorized | Leave a comment

$100 million stolen every day on the Internet

Posted on May 15, 2013 by Vijayashankar Na

The recent $45 million ATM fraud has attracted the attention across the globe for the ingenuity and global coordination of criminals that it represents. However it is good for people to realize that experts believe that this was only a … Continue reading →

Posted in Cyber Law | Leave a comment

Card Related Frauds and EMV Cards

Posted on May 14, 2013 by Vijayashankar Na

The recent Great E Banking Fraud in which $45 million was withdrawn in cash through ATMs after modifyng card data in the back end systems has triggered a fresh debate on how the security can be improved in card usage. … Continue reading →

Posted in Cyber Crime | Leave a comment

Break the Back of Bank Frauds

Posted on May 13, 2013 by Vijayashankar Na

The Great E Bank Robbery in which US$ 45 million (Rs 250 crores) was drawn in cash in about 40000 fraudulent withdrawals spread over 12 and half hours on two different days, across 27 countries is an eye opener to … Continue reading →

Posted in Bank, Cyber Crime, ITA 2008, RBI, Uncategorized | 1 Comment

INCERT to conduct enquiries on Great E Bank Robbery

Posted on May 13, 2013 by Vijayashankar Na

As referred to in our earlier post on the $45 million Global Card fraud, IN CERT is reportedly conducting an enquiry on the security breach alleged to have occurred at the two card processing companies in India. . In the … Continue reading →

Posted in Cyber Crime, ITA 2008 | Leave a comment

Attention now turns on India as an outsourcing destination

Posted on May 12, 2013 by Vijayashankar Na

As could be expected, the Great E- Banking Robbery has now brought Indian Outsourcing industry to the center of controversy. The Reuter report Already some security experts in US have started a campaign for shifting the card processing business to … Continue reading →

Posted in Cyber Crime, RBI | 1 Comment