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Recent Posts
- IN-CRA: Need for integration of Private Sector into the Unified Command Structure
- IN-Cyber Resilience Act… Where should it start
- What should be the focus of Indian Cyber Resilience Act?
- EU Cyber Resilience Act could trigger another Compliance drive for Tech Exporters
- Blockchain Technology in Healthcare
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Author Archives: Vijayashankar Na
$100 million stolen every day on the Internet
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
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Card Related Frauds and EMV Cards
The recent Great E Banking Fraud in which $45 million was withdrawn in cash through ATMs after modifyng card data in the back end systems has triggered a fresh debate on how the security can be improved in card usage. … Continue reading
Posted in Cyber Crime
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Break the Back of Bank Frauds
The Great E Bank Robbery in which US$ 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
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INCERT to conduct enquiries on Great E Bank Robbery
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
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Attention now turns on India as an outsourcing destination
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
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TN Police throw up their hands in Phishing Case
Tamil Nadu police had the distinction of achieving the first ever conviction under ITA 2000 way back in 2004. It has also had the distinction of solving several Credit card frauds some of whom had international footprint. However these appear … Continue reading
Posted in Cyber Law
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