Debit card, credit card auto-payment rules change from April

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Haven't you read this ? Amid rising data breaches, RBI tightens supervision norms for payment firms

Also, the current data regulation in India isn't particularly clear. While RBI and Govt needs to buckle up and has to create a framework fixing accountability in these kinda breaches.

While it is true that RBI has to do a lot more but comparing a sovereign regulatory authorities activities and functions to Mafia is completely outrageous and disgraceful.
 
I am just curious. Has RBI done anything since the mobikwik leak happened? Called Mobikwik officials to explain what's going on? Issued any guidelines to banks or public on what to do about leaked data? This data is out no matter what the leakers claim about deleting it at their end. What is RBI going to do about it? Because Mobikwik does not seem to be interested in doing anything.
 
You're mixing two separate things. Mobikwik breach is separate thing and laxity of banks in complying with already issued orders is separate thing. The laxity of banks needs to be punished and for this RBI can act in any manner available within it's domain.

This is no existing Data regulation (both sensitive and non sensitve) in our country, the Govt needs to work with various stakeholders involved[For eg: SEBI, RBI, UIDAI, MoH]. We cannot simply blame RBI alone for inaction, what is Govt doing ? or what has been Meity or ministry doing?. Plus there is also CertIn organization for cybercrimes, what has been its response till date ?

The regulation is not quite clear in these things so better work with our parliamentarians in providing us with a clear data regulation on the lines of GDPR of EU. The last I read was it was work in progress and Raisina Dialogue for this is year is scheduled inviting the promoters of EU's GDPR. Further, we might not know what Govt and RBI is doing behind closed doors.
 
Tbh certin is also a joke. It's in the same state as bsnl. Where all high positions are occupied by old people who have the "sarakari naukri" attitude and don't know anything about the new tech or don't care since they know for sure they won't be fired/replaced.
 
Amazon has killed free trials and monthly plans for their Prime subscription. Just 3 months or 1 year option left.

Benefitting the customer for sure.
 


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