Advanced Air Mobility (AAM) businesses will have diverse insurance needs including hull all risks, third party liability, passenger & crew liability, premises, products & hangarkeepers liability, and other coverages London: Skyrisks Limited announced today...
Technology
France bans TikTok from govt devices amid cybersecurity risks
The ban brings the France in line with UK, the US, Canada and the European Union (EU) and also India – which banned TikTok entirely from the country, even as the company strongly denies sharing user data with the Chinese government. TikTok is bound by China's National...
ICMR comes up with first ethical guidelines for application of AI in biomedical research, healthcare
The induction of AI into healthcare has the potential to be the solution for significant challenges like diagnosis and screening, therapeutics, preventive treatments, clinical decision-making, public health surveillance, complex data analysis, and predicting disease...
Hyderabad Police busts “biggest” cyber theft, apprehends 6 for selling personal data worth Rs 16.8 cr
As many as 12 mobile phones, 3 Laptops, 2 CPU's, mails and tax invoices and data of 138 categories containing sensitive information of government, private organisations and individuals were seized by police Hyderabad: Cyberabad Police apprehended a gang involved in...
Gigs, scams, ghost work: India tech sector’s dark side
In his job, Saurav - who asked to go by one name to protect his identity - called people in the United States, enticed them to sign up for loans and insurance policies, then told them they needed to improve their credit score by paying $50-$100. Only, he did not work...
Rural households prefer savings instruments over term insurance plans: Max Life Survey
Saving for children’s education and marriage emerged as top savings objectives, multiple anxieties around savings and expenditures for the future abound The low uptake of life insurance products in rural Indian can be primarily attributed to inadequate funds to buy...
Just 24 pc of companies surveyed in India ready to defend cybersecurity threats: Cisco study
''Cybersecurity is a top priority for businesses as they continue their digitisation journey. With hybrid work becoming mainstay and services being application-driven, it is critical that organisations close the security readiness gap,'' Samir Mishra, Director,...
Scratched EV battery? Your insurer may have to scrap the entire car
Battery packs can cost tens of thousands of dollars and account for up to 50% of an electric vehicle’s price, often making them uneconomical to replace. “We’re buying electric cars for sustainability reasons,” said Matthew Avery, research director at Thatcham...
Digital banking may be booming but cyber frauds get smarter, reveals RTI
Additionally, based on offsite returns data provided by supervised entities, there were a staggering 2,99,765 cyber frauds involving Debit Cards/Credit Cards, with an amount of Rs 322.92 crore lost (2020-2021); the instances came down to 2,21,705 but a higher amount...
Indian Gig Economy: Ensuring a better work environment for millions of workers
India is likely to see its gig workforce add 9-11 million jobs by 2025, which has been one of the most pivotal economic shifts in a long time When it comes to fair work for gig workers among the digital platform economy in India, Zomato, Swiggy, and quick-grocery...