C S Setty, chairman, State Bank of India, said, “India’s Digital...
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Govt to explore dedicated satellite technology for maritime sector
“This will help in enhanced vessel traffic monitoring, real-time...
Future Trends: Tech-Driven Life & Annuities Insurance
Intelligent platforms now analyze vast volumes of policyholder,...
Govt to enable citizens to file FIR against social media companies
Minister of State for Electronics and IT Rajeev Chandrasekhar said the Ministry of Electronics and Information Technology (Meity) will develop a platform on which users can notify about IT rule violation by social media platforms New Delhi: The government will assist...
Taj Hotel’s data breached, around 1.5mn customers at risk
"The perpetrator, known as 'Dnacookies', is requesting $5,000 for the complete dataset, encompassing addresses, membership IDs, mobile numbers, and other personally identifiable information (PII)," the reports further stated New Delhi: Around 1.5 million people may...
Banks should fortify cyber security as fraud cases rise: RBI
RBI Deputy Governor Rajeshwar Rao said that bank customers today are facing a threat from technology induced frauds such as fraudulent apps, breach of privacy and deep fakes Mumbai: The RBI on Thursday said that the banks should focus on fortifying cyber security and...
Customer data with account aggregators completely safe in India: Sitharaman
“There is a need for insurance companies to become a lot more tech-ready and through technology, but because insurance is such a sentimental matter. You still need a human interface. Insurance companies will have to adapt technology, bring in more personnel, who can...
Australia unveils cybersecurity ramp up after port cyberattack
Under the new cybersecurity strategy, the government will take measures to better protect consumer data and improve coordination on preventing hacking attempts. O’Neil has committed to work with businesses to create a mandatory reporting structure for ransomware...
UCO Bank recovers 79% of wrongly credited amount after technical glitch, reports to CBI
The state-owned bank is yet to clarify whether this technical glitch was due to human error or a hacking attempt New Delhi: UCO Bank on Thursday said the bank has retained or recovered Rs 649 crore or 79 per cent of the amount erroneously credited to some accounts of...
Electronic Health Records can speed up underwriting process by more than seven times: Swiss Re study
Swiss Re's extensive learnings emphasize the significance of digital Electronic Health Records (EHRs) for quicker and more accurate underwriting decisionsEHRs could replace Attending Physician Statements (APS) in nearly 50% of cases that originally relied on APS only...
Almost half of Indian IT leaders feel security is missing component in their data policy: RUBRIK study
As marquee brands continue to reveal the challenges of successful cyber attacks targeting their business data, the report said it has found a ''stark reality''. It says that globally, about one in every two organisations surveyed suffered a loss of sensitive data...
Global EV sales stay strong, China hits record despite end of subsidies
"What's notable about October's figures is that EV demand in China continues to reach record highs even though the subsidies were cut … 2023 is set to be another banner year for China in terms of EV sales," the market research firm said. Electric-vehicle sales are...
12 insurers complete their integration with National Health Claim Exchange
Under the Digital Health Incentive Scheme, to encourage efficiency in insurance claim processing, there is a provision that for every insurance claim transaction through NHCX, financial incentives of Rs 500 per claim or 10% of the claim amount, whichever is lower...