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Govt orders smartphone makers to preload state-owned cyber safety app
In tackling a recent surge of cyber crime and hacking, India is...
Bangalore hotels body moves HC against mandatory menstrual leave order
The association has questioned the very basis of the order,...
Niti Aayog meet: Goa’s per capita income has increased manifold, says CM Sawant
“The per capita income of Goa has increased manifold from Rs 2,41,893 in the year 2013-14 to Rs 5,96,260 in 2022-23 (Q),” the chief minister told the 9th governing council meeting of the think tank, chaired by Prime Minister Narendra Modi Panaji: Goa’s per capita...
LIC share touches a new life time high of Rs 1178
On a year to date basis, private life insurers like HDFC Life Insurance Company rose 6.31 per cent, ICICI Prudential Life Insurance Company rose 32.93 per cent and SBI Life Insurance Company rose 18.66 per cent Kumud Das Mumbai: State-run insurer Life Insurance...
Japanese population fell at the fastest clip in 15 yrs, Births hit a record low, deaths a record high
A record 260 companies went bankrupt in 2023 as they couldn’t secure enough workers to maintain their operations, according to a report by Teikoku Databank Japan’s tax and insurance premium revenue is projected to decrease by about 10% by 2040, according to a 2018...
Insured losses from CrowdStrike outage could reach $1.5 bln, CyberCube says
Reinsurance broker Guy Carpenter said that insurers may face claims on directors and officers’ and property insurance as a result of the outage, in addition to cyber insurance claims Global insured losses from last week’s massive IT outage are likely to range from...
Eco- Survey flags off possible misinterpretation of principles-based regulations by private sector insurers
``Globally, the private financial sector has repeatedly shown itself to be adept at selective or misinterpretation of principles-based regulations to its benefit,’’ cautioned the report released on Monday adding that when it comes to financial products, globally,...
Centre to ensure safe & trusted AI, Internet platforms must curb deepfakes: Minister
Jitin Prasada,Minister of State for Electronics and IT From hefty penalties ranging from a minimum of Rs 50 crore to a maximum of Rs 250 crore on social media platforms for violating rules to enabling digital markets to grow more responsibly while safeguarding...
Global IT outage: Enhancing cyber resilience
The incident highlights the need to shift our perception of cybersecurity from a mere IT issue to the broader concept of cyber resilience as an integral part of business resilience. In the face of a cyberattack, businesses should be able to recover fast from an...
Global IT outage: A ‘huge wake-up call’ for cyber insurance industry
Insurers are expecting a "wave of notifications" in the coming days, and losses are likely to be seen under business interruption and dependent business interruption insuring clauses, Acrisure Re said in its bulletin. Insurers may also suffer "bricking losses" if the...
Insured losses from CrowdStrike’s outage likely total $540 million to $1.08 billion, says insurer Parametrix
Fortune 500 firms excluding Microsoft to see $5.4 bln in CrowdStrike losses LONDON: U.S. Fortune 500 companies, excluding Microsoft will face $5.4 billion in financial losses from the recent CrowdStrike outage, insurer Parametrix said on Wednesday. CrowdStrike's...
CrowdStrike blames defect in content update for massive IT crash
The incident crashed Microsoft Windows computer systems around the world on Friday, taking down airline, banking and stock exchange operations from Australia and Japan to the UK CrowdStrike Holdings Inc., the cybersecurity company at the center of massive global IT...