Companies with turnover surpassing Rs 10 crore lead cyber insurance adoption
Companies with turnover over Rs 10 crore lead adoption, as mid-to-large enterprises prioritise proactive risk management, with cyber insurance policy…
Tag: Insurance
Low investments in cybersecurity expose financial sector to threats: Experts
Cyberattack vulnerability in Asia-Pacific’s financial sector is double the global average due to inadequate cybersecurity investments. With the introduction of…
Low investments in cybersecurity expose financial sector to threats: Experts
Cyberattack vulnerability in Asia-Pacific’s financial sector is double the global average due to inadequate cybersecurity investments. With the introduction of…
Draft DPDP rules to push banks to strengthen data privacy measures
These rules leave no room for regulatory arbitrage, compelling banks to enhance compliance mechanisms and formalise data-sharing agreements with third-party…
Indian insurance market: Climbing the growth ladder amidst emerging risks
India must invest more in diverse data collection and climate risk modeling if it is to create a balanced and…
Insurance admin services company data breach exposes details about 8 lakh US users
Landmark Admin revealed a cyberattack in May that impacted personal data of over 8 lakh individuals. The breach involved sensitive…
IRDAI tightens fraud rules post hacking incidents
The Insurance Regulatory and Development Authority of India introduces new guidelines to combat online fraud in the insurance sector. Insurers…
Insured losses from CrowdStrike outage could reach $1.5 billion: CyberCube
Global insured losses from a recent IT outage caused by a software bug in CrowdStrike’s quality-control system are projected to…
Insurers to see limited hit from CrowdStrike disruption, Fitch says
Preliminary estimates suggest that insured losses could be in the range of mid-to-high single-digit billion dollars and most claims would…
Truecaller, HDFC ERGO tie up to safeguard subscribers from digital frauds
The product is available to yearly premium subscribers of Truecaller and all existing customers can avail this protection for free…