Bringing AI into annual assessments can save managers time, and...
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DPDP Rules: From prompt data breach reporting to annual audits Indian firms’ new obligations
The DPDP rules require companies (those collecting/ seeking the...
DPDP rules set timer for rehaul of consent, breach response mechanism; industry hails phased roll-out
According to the regulations, users must have an easy way to revoke...
Indian businesses should not be excessively dependent on one supply chain: Jaishankar on trade with China
The external affairs minister said alternative routes for supplies are increasing the transportation cost of the shipments. “It is of very direct economic consequence. So we have actually been interacting with all the major players including Iran and Israel,” External...
Global insured NatCat losses over $135 billion in 2024 , says Swiss Re
Jérôme Jean Haegeli, Swiss Re's Group Chief Economist, says: "Economic development continues to be the main driver of the rise in insured losses resulting from floods, but also other perils, seen over many decades. However, with natural catastrophe risks rising and...
ByteDance asks intern in AI breach case to pay $1.1 million damages
The case has drawn attention due to its focus on AI LLM training, a technology that has captured global interest amid rapid technological advances in so-called generative AI, used to produce text, images or other output from large bodies of data. China’s ByteDance is...
Global D&O trends in 2025: Developed economies to be hit by double-digit insolvencies in 2024, says Allianz
Western Europe leads the global count with 195 cases, a reflection of the region’s current economic instability, followed by Asia-Pacific (67 cases) and North America (66 cases). Rising bankruptcies typically lead to an increase in D&O claims, so this trend is a...
1.6 crore customer records of HDFC Life being sold on Dark Web: CyberPeace
The leaked data reportedly contains sensitive customer information, such as policy numbers, names, mobile numbers, dates of birth, email addresses, residential addresses, health status, and more, claimed CyberPeace New Delhi: The research wing of CyberPeace on...
Build capabilities to ensure correct assessment of climate change risks: RBI Dy Guv Rao
The climate-specific vulnerabilities’ interplay with real economy and financial sector vulnerabilities can lead to financial stability risks, Reserve Bank Deputy Governor M Rajeshwar Rao said New Delhi: Reserve Bank Deputy Governor M Rajeshwar Rao has stressed on...
Policybazaar partners with Ophthalmologist Society of India to provide cover for litigation risks
Policybazaar for Business (PBFB) has partnered with the Young Ophthalmologist Society of India (YOSI) to offer customised insurance solutions to young eye care professionals .It includes coverage options ranging from Rs 50 lakh to Rs 3 crore, with annual premiums...
Zurich Resilience Solutions and GoImpact Capital Partners forge strategic alliance for APAC climate resilience
Initially targeting businesses in Hong Kong, Singapore, and Malaysia, the strategic alliance aims to address key climate risks such as extreme weather events, supply chain disruptions, and operational vulnerabilities HONG KONG SAR: Zurich Resilience Solutions (ZRS),...
StanChart sets $200 billion new wealth assets target, focuses on Chinese and Indian wealthy
StanChart’s assets under management sourced from wealthy Chinese and Indians with global needs rose by about 40% and 20%, respectively, in the 12 months ending September, its data shows. LONDON/HONG KONG: Standard Chartered (StanChart) will target $200 billion in new...
At least 20% cybercrimes involve dark web usage by attackers: Report
The dark web is a platform on the internet that can be accessed using special tools. It is usually very difficult to trace the identity and location of a dark web user At least 20 per cent of cybercrimes in India involve attackers using dark web, according to a report...