11-year legal battle. ₹1.5 crore compensation. One duplicate SIM. 🏛️ The Adjudicating Officer under IT Act, 2000 held Bank of India primarily liable for failing maker-checker and RTGS limits, while Vodafone Idea paid ₹5 lakh for negligent SIM issuance. A landmark cyber fraud judgment redefining shared liability in banking and telecom security.
ISSUE #76Published: 9/8/2026
The Broken Chain of Trust
Ankur Srivastava
Deputy-CISO / CISSPCyber Security & Business Continuity Expert with over 15 years of experience orchestrating InfoSec Governance, risk mitigation frameworks, and disaster recovery architectures. CISSP | M.S. in Cyber Laws & Information Security (IIIT).
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