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Vigilance Study Circle-Bengaluru Chapter (VSC-B), a registered society, involved in sharing of information & knowledge, enhancing vigilance awareness and capacity building of 16 Central Public Sector Organizations & Banks as its members organised a one-day seminar on “Cyber-Crime-Prevention and Security” at Bangalore.

Shri Sanjay Sahay, IPS, ADGP-PCW/SCRB, Bangalore, spearheaded the seminar with his mesmerizing key-note address. He brought out the need to have a defence mechanism against Cyber Crime which is worth $1.5 Trillion a year by operating through illicit/illegal online markets, Intellectual Property thefts, data trading, crimeware as a service, ransomware etc. A Chief Information Security Officer (CISO) and a Data Breach Response Plan (DBRP) would be the order of the day in all organisations. Through Public-Private Partnership for Cyber Security and conformance to Standards, Uniformity, Certification & Audit, a concerted effort would be right platform to fight this menace, he added.

The distinguished speakers drawn from Advocates, Police Officers, experts in Public & Private sectors invited in the seminar covered a wide range of topics in the spectrum encompassing:  Cyber Law, Indian Information Technology Act & connected Laws, Rules; Cyber Investigation, Enquiry Tips, Information to Rushing Parties & F.I.R Lodging;  Forensic Audit as a Proactive Tool to prevent and detect Financial Frauds  Fraud Risk Management in the Insurance Sector  Consequences of Theft and Infringement of Intellectual Property on Service & Manufacturing Industry  Handling Data Breach & Cyber Espionage incidents  Fast coming changes in Banking Sector in its operation, Risk within and to the Industries at large

Shri Sharath Kumar P, Advisor-ACB/CBI, Andhra Pradesh, who is a Certified Fraud Examiner (CFE), kept the august gathering live & kicking with his session which was intertwined with witty references, and day-to-day frauds which people are put into hardship viz., Financial Institutions & Housing Loan Finance Companies Frauds, Credit Card & Credit Card Frauds, Internet/Online Banking Frauds, Identity Theft, Cheating in Gold – Hallmarking, Counterfeit Goods & Drugs.

Shri Vidya Bhushan Kumar, IFS, Chief Vigilance Officer (CVO) of BEML Limited, Bangalore, who is also the President of Vigilance Study Circle, Bangalore Chapter.  Stressed upon the need for organising into specific target groups with members drawn across establishments and undergoing rigorous training & Certification.

Shri Sanjay Sahay, IPS, in his concluding address, insisting that we need to serve our Great Nation in the respective capacities to combat corruption and expressed all help to take along this movement to next higher level.

Around 150 officers participated from member establishments of VSC-B which included BEML, HAL, BEL, KIOCL, HMT, CPRI, MRPL, ITI, Canara Bank, SBI, Vijaya Bank (Presently Bank of Baroda), Syndicate Bank, Corporation Bank, BRBNMPL, SWR & NMPT.