Report e-breach in 2 hrs: Govt to banks
Report e-breach in 2 hrs: Govt to banks
The government has sounded an alert and asked all top banks, including SBI, PNB, ICICI and HDFC to report any breach in their IT systems within 120 minutes as the firewall against cyber hackers is strengthened in view of the large number of digital transactions.
But what is the situation when these banks claim impregnability of their security and blame the customer? Could any one have a say? more
The government has sounded an alert and asked all top banks, including SBI, PNB, ICICI and HDFC to report any breach in their IT systems within 120 minutes as the firewall against cyber hackers is strengthened in view of the large number of digital transactions.
But what is the situation when these banks claim impregnability of their security and blame the customer? Could any one have a say? more
Viewed by 420
View all 14 comments Below 14 comments
Bank is vicariously liable to the customer as its agents have created the cyber space and assured the client it is safe. more
Dec 27
Make them accountable first so that the banks realise that it is their duty to help the customers in all eventualities. more
Dec 27
Dear Shri S Suryanarayana, An excellent concept. An insurance co. has all the wherewithalls for followup of recovery. The bank can have a tie up with the insurance co. for the debit/credit card. Some premium can be borne by the account/card holder. But these schemes have to be worked out by the bank. more
Dec 27
