Category Archives: Information Assurance

Technology used to strangle Bank Customers

Reserve Bank of India is slowly losing focus on customer service aspects of Banking service. Acceding to a request from the Indian Bank’s association, RBI has imposed an ATM transaction limits of 3 withdrawals per month after which the customer … Continue reading

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RBI limits Customer’s Loss on Phishing

In an excellent but long awaited move, RBI has directed Banks that the liability of customers on “Phishing” loss should be limited to Rs 10000/- See Report The new Banking Service code of ( Banking Codes and Standard Board of India … Continue reading

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New Security Risk..data stolen through mobiles just with electromagnetic waves

A new Cyber Threat that is far ahead of the Stuxnet threat has been reported by security researchers. Ref: here This threat works through a mobile phone which is near a computer. The electro magnetic waves emanated by the phone and … Continue reading

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No bank has proper Information Security Guidelines

An RTI query filed by Nagpur based NGO Cyber Awareness Organization (CAO) recently revealed that none of the banks in the country had drafted information security guidelines which are mandatory as per RBI’s guideline on electronic banking.  Speaking to the … Continue reading

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Does Nachiket Mor Committee report impress to deceive?

One of the first initiatives that the new RBI Governor Mr Raghuram Rajan took after assuming office a few months back was the formation of the Nachiket Mor committee on “Comprehensive Financial Services for Small Businesses and Low Income Households”. … Continue reading

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Abolition of Personal Income Tax

A discussion has now ensued in India about the possibility of personal income tax being completely abolished if BJP comes to power. This proposal though is in the initial stage of discussion and yet to be adopted into the manifesto … Continue reading

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