Category Archives: Cyber Law

RBI and ECGC should consider trade remittances to Hong Kong as Highly Risky

Posted on July 14, 2013 by Vijayashankar Na

  OPEN LETTER TO RBI AND ECGC To Reserve Bank of India Exchange Control Department Mumbai and ECGC of India Mumbai Sub: Increasing Hong Kong Risk for Importers and Exporters from India Dear Sir I have recently come across two … Continue reading →

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Corporate Executives arrested for Cyber Crime

Posted on July 11, 2013 by Vijayashankar Na

The owner and an IT official of Vast India Pvt Ltd (VIPL), a company in Mumbai were arrested by Mumbai police for alleged violation of ITA 2008. The dispute arose with the data of 3.22 lakh candidates appearing for the … Continue reading →

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The Thief who stole Rs 286 crores from Banks coming to India

Posted on July 9, 2013 by Vijayashankar Na

Recently all across Europe, the “Euro Grabber” stealthily stole around 36 million euro (Rs 286 crores) from Bank customers. These were all customers who thought that a) Their money in the Bank was safe. b) Internet Banking was a great … Continue reading →

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Should Indian Post be granted Banking license?..Do they need one?

Posted on July 7, 2013 by Vijayashankar Na

The decision of Indian Postal Department to seek a Banking license from RBI through the Licensing Scheme meant for private sector has been an object of discussion since the announcement was made.  The application is a source of embarrassment to … Continue reading →

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Beware of any fraudulent email

Posted on July 6, 2013 by Vijayashankar Na

I am informed that there was an unsuccessful attempt to change password in my yahoo email account. (vijayashankar@yahoo.com). While I have taken some precautions since the report, If this is a malicious attempt and is repeated again with success, I … Continue reading →

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Android Vulnerability Exposed

Posted on July 5, 2013 by Vijayashankar Na

A research firm in UK has found a vulnerability in the Android mobile software which can be used as a “Master Key” where by an intruder can take complete control of the phone. The bug could be exploited to let an … Continue reading →

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