RTI Desk - RTI-001
RTI 001 - CosmosHack and card network penalties
|Date of Filing||14/09/2018|
|PIO||Reserve Bank of India|
|Subject||Card Hack & Penalties|
|Query||1. Whether RBI / ReBIT has ordered investigation over hack at Cosmos Bank, Pune. If so, please provide details.
2. Has RBI imposed any sanction / fine against card network operators (VISA, Mastercard, NPCI - RuPay) post large scale card hack incidents. If so, please provide details.
|Response||1. A scrutiny has been conducted by Reserve Bank of India - RBI / ReBIT. Regarding the details - the requested information is confidential in nature, dissemination of which shall be detrimental to security, strategic and economic interests of the State. Hence an exemption is sought under section 8 (1)(a) of the Right to Information Act, 2005.
2. RBI has not imposed any sanction / fine against the card network operators in this regard.
|Date of Response||12/10/2018|
|Notes||#CosmosHack, #DebitCardHack, #RegulatoryPenalty|