Category Archives: ITA 2008

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

Karnataka Human Rights Commission forces reopening of Adjudication in the State

Posted on May 3, 2013 by Vijayashankar Na

Karnataka State Human Rights Commission has done a yeomen service to the Cyber Crime victims of Karnataka by facilitating the reopening of the Adjdudication under ITA 2008 in the State. It may be recalled that the IT Secretary of a … Continue reading →

Posted in Cyber Crime, ITA 2008 | Leave a comment

mouthshut.com challenges ITA 2008 rules

Posted on May 1, 2013 by Vijayashankar Na

The Intermediary rules under Section 79 of ITA 2008 has been repeatedly used by parties to get adverse content on internet removed without appropriate procedures. The problem has been the interpretation that an Intermediary is bound to take down content … Continue reading →

Posted in Cyber Law, ITA 2008 | Leave a comment

Migrating to Adaptive Authentication

Posted on April 29, 2013 by Vijayashankar Na

Banks in India have been traditionally using the “Legally Non Compliant”, “Password based Authentication” for their E Banking requirements. As a result there are frequent customer-Bank conflicts where the customer demands that Bank should undertake the liability on account of … Continue reading →

Posted in Bank, ITA 2008, RBI, Uncategorized | Leave a comment

Banks can be fined upto Rs 1 crore for violating RBI regulation

Posted on April 28, 2013 by Vijayashankar Na

The Banking Regulation Act amendment Act 2012 which was recently passed by the Parliament has now become effective.(See PIB Press Release).  It amends several provisions of the Banking Regulation Act 1949. Some of the amendments are directed towards new Branch … Continue reading →

Posted in Bank, ITA 2008 | Leave a comment

Can Minors open Facebook account?

Posted on April 26, 2013 by Vijayashankar Na

For the regular users of Facebook or Google, the question whether minors can open an account appears funny. But this is precisely what the Delhi High Court has asked the Indian Government in a PIL. (Details here). It would be … Continue reading →

Posted in ITA 2008, Uncategorized | Leave a comment