Category Archives: Cyber Law

“Amazon 97% discount Fraud”.. Police in Kanyakumari..please arrest Mr Anil Kumar

Posted on July 30, 2016 by Vijayashankar Na

There is a WhatsApp message in circulation that states “Breaking News, Amazon Selling Samsung J7 Mobile Phone at Just 499 Rs because of Golden Anniversary. Buy It Now Before Sale Ends. Cash On Delivery Also Available. Visit just now  http://amazon.mobile-flashsale.com/“ … Continue reading →

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YingMob may be prosecuted for Cyber Terrorism.. Will Mr Rajnath Singh take action?

Posted on July 30, 2016 by Vijayashankar Na

The security world is warning Indian Android mobile users that the malware HummingBad has been spreading fast across the globe and pose a threat to Indian mobile users also. This malware which is reported to have infected over 1.4 billion … Continue reading →

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RBI cautions Banks on Cyber Security

Posted on July 30, 2016 by Vijayashankar Na

The RBI Deputy Governor Mr R Gandhi has confirmed that the recent cyber attack that was reported in Mumbai was on Union Bank of India but no loss might have been reported. Mr Gandhi also reminded the Banks about the … Continue reading →

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A New Business Proposition for Digital India unveiled.. StartUps may jump from their seats

Posted on July 29, 2016 by Vijayashankar Na

In a little surprising but welcome development, the Government of India has released a notification under Section 67C of ITA 2008 viz G.S.R. 711 (E) dated 21st July 2016 titled “Information Technology (Preservation and Retention of Information by Intermediaries Providing … Continue reading →

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SWIFT Hacking exposes Indian Banks to huge Risks

Posted on July 27, 2016 by Vijayashankar Na

The hacking of a Bangladeshi Bank last February where about $81 million was transferred by fraudsters hacking into the SWIFT Inter Bank money transfer system is a grim reminder of the weaknesses in our Banking eco system. The detailed account … Continue reading →

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FinTech Companies need to watch out for the new regulations from SSWG

Posted on July 24, 2016 by Vijayashankar Na

Since June 2016, there have been a flurry of activities in the RBI as regards formation of security guidelines that apply to the Financial Services Industry in general in India and Banking in particular. First, there was the circular regarding … Continue reading →

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