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

The Kingpin of the Great E Banking Robbery shot dead by his partners

Posted on May 12, 2013 by Vijayashankar Na

The spectacular US$ 45 million global bank heist has already claimed the life of the suspected kingpin. Alberto Yusi Lajud-Peña, one of a number of suspected ringleaders behind a coordinated and sophisticated global bank heist operation that netted the thieves … Continue reading →

Posted in Bank, Cyber Crime | Leave a comment

Modus Operandi of the Great E-Bank Robbery

Posted on May 12, 2013 by Vijayashankar Na

The recent Banking Fraud where US $45 million (Rs 250 crores) were withdrawn in cash across 27 countries was a sensational international cyber crime that warrants a serious analysis by all Cyber Crime and Cyber Security experts. What is intriguing … Continue reading →

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

Was Infosys sofware responsible for the losses of the UAE Bank?

Posted on May 11, 2013 by Vijayashankar Na

Today’s Economic Times carried a story (See report) highlighting that the UAE Bank which was involved in the US $ 45 million global heist was using Finacle Software from Infosys. The fraud was actually committed by the hacking of the system maintaining the … Continue reading →

Posted in Cyber Law | 2 Comments

Bank Muscat suffers $39 M loss

Posted on May 10, 2013 by Vijayashankar Na

Hacking of a Credit Card payment processing service provider in Bangalore has reportedly caused compromise of sensitive customer data for a Muscat Bank resulting in a loss of US$39 million. The Bank has claimed that no customer has suffered a … Continue reading →

Posted in Cyber Crime, ITA 2008 | 2 Comments

M S Dhoni in legal trouble

Posted on May 6, 2013 by Vijayashankar Na

Indian Cricket Captain Mr M.S.Dhoni has been caught in a serious controversy related to an advertisement where Dhoni has modelled himself as Lord Vishnu and holding several products in his hand  including a shoe in one of his hands. A … Continue reading →

Posted in Cyber Law | 1 Comment

Drawing the attention of SEBI on Karvy Consultants

Posted on May 5, 2013 by Vijayashankar Na

Karvy Consultants is one of the prominent share registrars in the country besides engaging themselves in trading and demat services. It is good if such a prominent registrar is serious about the legal responsibilities such as the requirement of KYC … Continue reading →

Posted in Cyber Law | Leave a comment