i bet all the admin groups have one password - admin/admin123 or pass or some such known password.
The system is sound. They key vault solutions for this are also excellent or above industry standards. We Indians do know software after all. However, the SOPs for the entire system is a giant pile of shit. The solution architects wrote excellent SOPs and gave to the government employees(are they government employees?) and they lost track of how many times it was rewritten.
I wont give much examples but one I would like to put across. So as all the systems of such scale, there is an admin group that holds the tokens/certificates etc. They are engineers. Of course you have any type of work to be done, you put them in loop and they do the required stuff for you. Pretty boiler plate. NOPE. NOT HERE. The entire SOP was rewritten. Each sub group had multiple admin groups. They do whatever the **** they want. They are their own admin group. I mean what the ****. And here, the admins are not engineers. Normal government employees with no grasp of data security.
And the approval matrix is also weird. multiple mandatory approvals for access. Instead of streamlining the process.
Airtel already started doing it for verification.Nice. So all our biometric data can get out in the wild for anyone to use (replay) to make authenticated transactions?
Nice. So all our biometric data can get out in the wild for anyone to use (replay) to make authenticated transactions?
For others.. some clarity: http://postcard.news/read-shocking-history-axis-bank-scams-genes/Actually, the birth of Axis bank itself was a scam with UTI bank changing name and US 64. Comes as no surprise.
For others.. some clarity: http://postcard.news/read-shocking-history-axis-bank-scams-genes/
While I can't speak for the whole scam, I love how the socialist agenda rears it head. "it crashed within one year of liberalization". I mean really? Asset quality going to shit doesn't happen in a year. It happens because of mis management over many years. Specially given the "time bound" promotion and not meritocracy based one, which means the previous heads could be simply 45-50 year old people with no idea how to manage fund money.For others.. some clarity: http://postcard.news/read-shocking-history-axis-bank-scams-genes/