Banking Ethics in Global and Indian Contexts

Globally Banking ethics rely on rules and standards that govern the conduct of a bank and its employees, and the impact of the bank’s actions on society and the environment. Banks are running on strong foundations of following four ethical principles which help them to deal with ethical issues. Principles of Trust: The Principles of…

What is Ethics?

The word “ethics” is derived from the Greek word ethos (character), and the Latin word mores (customs). In the legal context, ethics defines how individuals choose to interact with one another. According to Aristotle Ethics is the study of character, habits, and virtues that can be acquired through practice that enables us to lead a…

What is a Phishing?

Phishing is an e-mail-borne fraudulent attempt to obtain confidential information from the recipient such as usernames, passwords, and credit card details by disguising oneself as a reliable entity or downloading malware by clicking on a hyperlink in the message. Scammers impersonate legitimate organisations (banks, government agencies) through emails, SMS, or phone calls, contact people, and…

Understanding IS Security and IS audit

IS security or information security refers to the protection of information systems against unauthorized access to or modification of information, whether in storage, processing, or transit, and against the denial of service to authorized users, that includes those measures necessary to detect, document, and counter such threats. It protects information, processes, and communication and protects…

Evaluation requirement for IT security

Evaluation requirement for IT Security refers to the procedure of conducting regular reviews and checks of IT systems to ensure compliance with organizational security policies, standards, and procedures, as well as industry best practices. India has a few IT evaluation requirements, including Common Criteria (CC) Certification, Indian Common Criteria Certification Scheme (IC3S), IoT System Certification…

Computer Audit/IT Audit

Computer audits, also known as IT audits, are important because they help organizations protect their information assets, ensure compliance with regulations, and improve the efficiency of their IT operations. The objective of computer control audits is to determine whether computer controls effectively support the confidentiality, integrity, and availability of information systems. Controls provide reasonable assurance…