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Indian News

Targeted ransomware attacks grow 767%, India among top targets

“We’ll most likely see fewer and fewer widespread campaigns targeting everyday users. Of course, that’s not to say users aren’t still vulnerable,” said Fedor Sinitsyn, security expert at Kaspersky.

“However, the primary focus will likely continue to be on companies and large organisations, and that means ransomware attacks will continue to become more sophisticated and more destructive,” he added.

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HDFC Life Insurance net profit grows 2.3% to Rs 319 crore in FY Q4 2020-21

Vibha Padalkar, MD & CEO, HDFC Life said, “Over the course of the year, we have settled over 2.9 lakh death claims resulting in payouts in excess of Rs.3,000 crore . Based on our actual experience in FY21 and after factoring in aspects such as latest mortality trends across business and customer segments and geographic spread of Covid 2.0, we have provided for a Covid reserve of Rs. 165 cr. for FY22. We will continue to review the adequacy of this reserve through the course of FY22. Despite logistical challenges through the year, we have insured close to 40 million lives in FY21.”

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