Union Bank of India will be facilitating Phishing by Ignorance and Negligence

Union Bank of India is considered one of the better managed banks in India and RBI recently merged Corporation Bank and Andhra Bank with Union Bank. Both the merged Banks had decades of history and brand name amongst its customers. 

However, Union Bank seems to be completely unaware of the banking risks in the digital era or it is so poor as not to be able to invest around Rs 800/- on behalf of  each of the merged Banks to protect the interests of the customers of these Banks.

I wish the Chairman of Union Bank of India looks at why I am forced to make the statement that “Union Bank of India will be facilitating Phishing by Ignorance and Negligence”.

(Continued)

Naavi

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About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance
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