First he reserved an airticket on indiatimes.com shopping website for free. The payment was done by hacking the site of IDBI Bank payment gateway. Secondly, he purchased a raincoat from rediff shopping website and payment was done through hacking of Federal Bank. From both websites he received the receipt with order number and confirmed payment that the payment is done and we will deliver it within 3 days...
Alongwith, Mr. Sharma also went for discussion through a debate in the same LIVE telecast with Mr. Dhrender Kumar (Stock Exchange Expert) and Pawan Duggal (Cyber Law Expert) and they felt shocked when they saw all these right in front of their eyes. Mr. Dhrender said that, " I am shocked to see this situation. Now our money is not safe and we could not take physical risk to keep huge amount of funds with us, because technical era is on it's way towards progress. In order to avoid this we are using Net Banking, but as seen there are several vulnerabilities in banking system also... "
Mr Pawan Duggal described about some clauses and sections of Information Security Act, and asked peoples who lost their money, can claim up to 10 Million INR. But you have to prove it in the court of law, which is almost very difficult to perform. You can't get help from consumer court as well, in this situation. No one knows what can be done? Mr. Sharma also hacked the so called safe website of shares and securities trading i.e Indiabulls.com and transfered 100 INR into his Union Bank Savings Account. Indiabulls database site reflected the balance fluctuations, immediately. For discussion on this, Mr Gagan Banga (President of Indiabulls) was called in this LIVE telecast. But instead of accepting his company's technical mistakes, he challenged against Mr. Sharma's claims. He fully denied though everything was seen by millions of peoples across nation. He said that, " It's not possible to hack our trading website". Then, Mr. Sharma challenged him to prove it right in that running LIVE telecast, and asked him for oral permissions. Mr. Sharma also added that let public viewers of this telecast give their decisions after he demonstrates it right now. Once Mr. Gagan felt nervous ! because by this they can loose the confidence of people. But at last he accepted that challenge and told to Mr. Sharma that he can come in his office and hack Mr. Gagan's account. I will give you permission to hack my account, but I can't give permissions for other hacking other's accounts. This shows Mr. Gagan have doubt about his website and was afraid of Mr. Sharma's Challenge.
Article Source: http://EzineArticles.com/?expert=Navin_Shukla
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