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Australia sues Microsoft over AI-linked subscription price hikes
The Australian Competition and Consumer Commission (ACCC) alleged...
MS Amlin signs multi-year deal for CyberCube Solutions to support cyber growth strategy
Chris Methven, Chief Growth Officer at CyberCube, said,``Our...
RBI Governor underscores need to eliminate biases in algorithms as artificial intelligence and machine learning
RBI Governor Shaktikanta Das highlighted efforts by the RBI to harness digital footprints and computing power to analyze expectations, sentiment indicators, and policy credibility from alternative data sources. The exponential growth in digital data and storage...
Truecaller partners with HDFC ERGO for Fraud Insurance in India
Alan Mamedi, CEO, Truecaller commented, "Despite offering the world's best caller identification and fraud protection services, some of our users unfortunately can become victims of criminal fraud. We want to be able to offer peace of mind by protecting our users...
Korean explosion raises concerns over battery safety
Battery-related fires have also posed greater risks in recent years as countries pivot away from fossil fuels and expand the use of clean energy and vehicles. The growing demand has increased the number of battery producers around the globe, with fires breaking out...
With new technology cybercrime crews increasingly turning to more sinister techniques for ransom
Tactics like leaking sensitive records and double-hacks aren’t completely new, but have become more common and represent an evolution from traditional ransomware attacks, when scammers simply would encrypt data, demand a payment and then move to the next victim A hack...
Global fintech industry sees robust 14 pc revenue growth, India shows the way
“Profitability and compliance are now the cornerstones of fintech success,” said Deepak Goyal, BCG managing director and senior partner and co-author of the report New Delhi: Despite significant shifts in funding and valuations, the global fintech industry saw a...
Zurich to increase headcount by 40 % in India
Tulsi Naidu, chief executive officer for Asia Pacific There are opportunities to grow in commercial, small and medium enterprise, assurance, auto and general insurance, Naidu said, noting the business has already recorded growth of 40% “over the past few years.”...
India Inc’s Risk Index: Demonstrating Resilience
Cyber-attack or data breach is considered to be one of the most critical risks faced today. The BFSI sector endeavored to overcome the same by adopting data security measures including database encryption, stricter controls across levels and application of data...
TRAI directs telecom companies to enhance apps and portals to curb spam messages
“Also, essential details for the registration of complaints should be automatically populated, if users grant permission to access their call logs and other relevant data,” said the telecom regulatory body'' NEW Delhi: New Delhi:In a bid to curb spam calls and...
India’s disaster management moving forward with a ‘Zero Casualty Approach, says Home minister Shah
Amit Shah,Union Home Minister Shah also reviewed the preparations to deal with Glacial Lake Outburst Flood (GLOF) New Delhi: Emphasizing on optimum use of satellite imagery provided by the Indian Space Research Organization (ISRO) by various agencies for flood and...
AI set to revolutionize global banking, boosting profits by USD 170 bn by 2028: CITI report
One of the most compelling aspects highlighted in the report is AI's role in combating financial fraud. AI-generated insights hold the key to preventing real-time payment scams, such as the pervasive Authorized Push Payment (APP) fraud Artificial intelligence (AI)...