“As cyber attacks and data privacy risks continue to rise, both in...
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TRAI orders mandatory adoption of 1600-series numbers by banks and insurance firms
The matter of mandating last date for adoption of 1600 series by...
AI driving direct shifts in global insurance industry, says Swiss Re
Global insurance premiums are set to grow by 2.3% in real terms in...
Cost of new drug development is key concern for life science as focus shifts to repurposing: WTW Survey
The survey also revealed that regulation and reputation risk have risen to the top of the life science agenda as companies feel pressure on a range of issues such as increasing regulatory activity post-Covid, U.S. drug price controls, rising data privacy concerns, ESG...
BJP’s women wing calls for probe into Foxconn India hiring practices
Foxconn hiring agents and HR sources interviewed by Reuters cited family duties, pregnancy and higher absenteeism as reasons why Foxconn did not hire married women at the plant. The story has sparked debates on TV channels and newspaper editorials New Delhi: The...
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...