Category Archives: Cyber Crime

Heart bleed virus

Users of Internet are being warned about the “heart bleed virus” (Exploitation of an unpatched bug in the Open SSL algorithm) which has the capacity to steal the passwords from your Bank accounts as well as email accounts, Facebook etc. … Continue reading

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Year 2013 in retrospect

The year 2013 ended with an intense debate on Bitcoins the virtual currency system that caused lot of ripples in the market. over the last one month, Naavi.org has been full of discussions on Bitcoin to the extent that discussions … Continue reading

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More Credit Card frauds in store

Recently a fraud of Rs 63 lakhs involving  gross negligence by Bank employees not ruling out their involvement. It is said that the Bank believed that the customer had a sore throat and executed large transactions including closing of FDs … Continue reading

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Bitcoin Regulation.. Where should the focus be?

We have been watching Bitcoin exchange rates growing exponentially at MtGox attracting the attention of regulators both from the point of view of the possible effect on the monetary controls of the Sovereign States and loss of Tax revenue besides … Continue reading

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Beware of virus riding on Bitcoin

With the exploding interest developing in India on the Bitcoin, the malware writers will be looking at every possibility of using the bitcoin craze to spread viruses and trojans. Already, spam mails appear to be in circulation trying to entice … Continue reading

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Negligence of Export Promotion Councils, ECGC and Banks lead to Rs 2.35 crore fraud

In what has now become a routine type of fraud, a tobacco exporter  in Andhra has been defrauded to the extent of Rs 2.35 crtores.  Naavi.org recalls its open letter  to RBI and ECGC in its post on July 14, 2013 … Continue reading

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