"So as we go forward once data protection board is put in place and...
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One-fourth of Indian firms surveyed report cyber losses PwC report
“…25 per cent of businesses say their most damaging data breach in...
Maruti Suzuki India is recalling 39,506 units of Grand Vitara
Affected vehicle owners will receive communication from Maruti...
Indian regulators have done world-class job made system more transparent: FM
Union Finance Minister Nirmala Sitharaman asked banks not to be "stingy" in appointing cybersecurity professionals who will be highly useful in preventing any attacks Mumbai: Union Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector...
Absence of major losses paves the way for competitive pricing in power insurance sector: WTW
A shift in appetite from coal to non-coal power and the phasing out of underwriting existing coal risks have combined to encourage insurers to seek new opportunities in deploying their capital. We are seeing an increasing number of insurers seeking to offer long-term...
DGCA issues advisory to airlines on potential rudder system risk in Boeing 737 planes
Against the backdrop of the potential risk of a jammed or restricted rudder control system, the Directorate General of Civil Aviation (DGCA) has issued safety recommendations to Indian carriers Currently, Air India Express, Akasa Air and SpiceJet operate Boeing 737...
NSE Clearing warns investors, clearing members against fake communication
These fake circulars and letters, featuring the unauthorized use of NSE Clearing's logo and letterhead, have been circulating, asking individual investors to make payments concerning their allegedly frozen investment accounts New Delhi: NSE Clearing Ltd, an arm of...
The dark side of technology: AI-driven cyberattacks call for upgraded security measures
In September 2024, insurer firm Star Health experienced a significant breach that exposed the sensitive health information of its clients on Telegram chatbots. "Cyber criminals today are not operating manually; they are using AI to automate attacks. They are using...
Data privacy is a major concern for insurance industry: LIC CEO
(LtoR) Siddhartha Mohanty, CEO and MD, Life Insurance Corporation and Satyajit Tripathi, Member (Distribution), IRDAI at an event organised by Pune based National Insurance Academy in Mumbai IRDAI’s methods for monitoring companies and intermediaries have...
Cyberattack cripples entire IT system of U’khand
Nikita Khandelwal, director, ITDA Information Technology Development Agency, said, "During scanning on October 2, it was found that the machine has been affected by malware, so as a precaution we have shut down our data centre, due to which all applications have been...
DoT combats Cyber-frauds: Central system to stop spoofed calls to be commissioned shortly
This system is being deployed in two phases: first, at the TSP level, to prevent calls spoofed with phone numbers of their own subscribers; and second, at a central level, to stop calls spoofed with the numbers of subscribers from other TSPs New Delhi: The Department...
Scammers creating 1,000 phishing domains a day, celebs deepfake videos
The cyber security firm said that by leveraging its deepfake detection technology research team has identified a series of deceptive campaigns targeting users in India, Pakistan, Nigeria, Saudi Arabia, and beyond for promoting a fake gaming app. New Delhi: Scammers...
Per capita income in India to increase by at least $2,000 in 5 years: FM Sitharaman
Nirmala Sitharaman, Union Finance Minister "India finds itself amid the global geopolitical repositioning effort which has been going on. This repositioning can act as a structural force to India's advantage by creating robust supply chains with countries with...