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Nation Current Affairs 24 Nov 2019 2 top credit cards c ...

2 top credit cards cool to deficiencies: V Kamakoti

DECCAN CHRONICLE. | G.SRINIVASAN
Published Nov 24, 2019, 2:30 am IST
Updated Nov 24, 2019, 2:30 am IST
After the attack in 2017, card issuers like Master, Visa and RuPay were advised to improve authentication, but only RuPay made the changes.
V.Kamakoti, member of National security advisory board and professor in the department of computer science and engineering, IIT, Madras and Professor Lynn Battern of Deakin University at the conference on applications and techniques in information security at Sastra deemed to be university at Thanjavur. (Photo: DC)
 V.Kamakoti, member of National security advisory board and professor in the department of computer science and engineering, IIT, Madras and Professor Lynn Battern of Deakin University at the conference on applications and techniques in information security at Sastra deemed to be university at Thanjavur. (Photo: DC)

Thanjavur: Eminent professor, V. Kamakoti, member of national security advisory board, department of computer science and engineering, IIT-Madras, has called for awareness among people to prevent cyber crimes.

Speaking at the tenth international conference on applications and techniques in information security (ATIS) at SASTRA-deemed to be university here on Friday.

 

Dr Kamakoti said that technology upgrades would provide only five per cent of information security whereas awareness would provide hundred per cent security.

"Every country needs to indigenize their information security architecture. India needs five lakh people in the field of information security but only around 10,000 to 20,000 trained people are available" Kamakoti said.

Regarding cyber attacks he said that the focus had shifted from individuals to organisations and most of the times the situation was out of control of the victims, he said.

 

He cited three ATM attacks happened in the past as examples and said that in one of the attacks, hackers attacked ATM switches in the network and withdrew six million US dollars from selected cards from 28 countries in one hour time.

"After the attack in 2017, card issuers like Master, Visa and RuPay were advised to improve authentication, but only RuPay made the changes. The (authorities of) other two debit/credit cards did not even respond to the call," he pointed out.  

Another eminent thinker, Prof. Lynn Battern of Deakin University also spoke. 

 

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Location: India, Tamil Nadu, Thanjavur




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