A few years back, the US watchdog Federal Aviation Administration...
Category:
Technology
Latest
Rise of autonomous vehicles to impact $400 billion US auto-insurance industry, says Goldman Sachs
“Autonomy has the potential to significantly reduce accident...
ChatGPT suffers global outage including in India, OpenAI ‘investigating’
"We are investigating," said the company. About 88 per cent of...
Global entities, fund managers keen to invest in India: IFSCA Chairman Srinivas
IInjeti Srinivas,chairman,International Financial Services Centres Authority (IFSCA) "It's a new India, it's powered with technology, it's very aspirational. There is a lot of efficiency, whether it is start-ups or in the fintech areas," , Chairman of the...
Centre unveils repository for life science data
The Centre also hosts an online 'Dashboard' for the genomic surveillance data generated by the INSACOG labs that provides customised data submission, access, data analysis services, and real-time SARS-CoV-2 variant monitoring across India. Data submission and access...
Govt amends Aadhaar rules; supporting documents may be updated ‘at least once’ in 10 years
“Aadhaar number holders may, on completion of every 10 years from the date of enrolment for Aadhaar, update their supporting documents in Aadhaar, at least once, by submitting Proof of Identity (POI) and Proof of Address (POA) documents…so as to ensure continued...
Census, NPR databases declared as critical information infrastructure
The computer resources of all associated dependencies of the aforementioned entities have also been declared as “protected systems” under the law New Delhi: The government has declared certain databases related to the Census and the National Population Register (NPR)...
Allianz to pause paid Twitter ads for now – spokesperson
German insurer and asset manager Allianz will halt its paid advertising on Twitter for now, a spokesperson said on Monday, the latest in a wave of similar moves by companies in the wake of Elon Musk’s takeover of the social media platform.
“APAC Cyber markets to become more buyer-friendly as new capacity becomes available and rates continue to stablise”
In an exclusive interview with Asia Insurance Post, Adam Peckman, Head of Cyber Solutions – Asia Pacific and Global Head of Cyber Risk Consulting – Cyber Solutions, Aon,speaks about the emerging trends in APAC Cyber Insurance markets What is the size of Cyber market...
Australian insurer Medibank’ hacking appears to be far larger than initially suspected
“Based on the extensive advice we have received from cybercrime experts we believe there is only a limited chance paying a ransom would ensure the return of our customers’ data and prevent it from being published,” Chief Executive Officer David Koczkar said in the...
Funding winter: IFSCA aims to hand out Fintech grants to Indian innovators from early next year
''We have an external committee which will be looking into these applications. Probably, from early next year, the grants will start flowing,'' he said on the sidelines of Singapore Fintech Festival (SFF) held 2-4 Nov 2022 The grants are for bootstrap innovators, and...
Fadnavis directs GST officials to work with cyber dept to curb financial frauds
Fadnavis, who also holds home and finance portfolios, issued the instruction after holding a meeting with GST officials as well as those of the state finance department Mumbai: Maharashtra deputy chief minister Devendra Fadnavis on Monday asked state GST (Goods and...
Global cyber insurance premium to grow 20% to reach $23 billion by 2025 from $10 billion in 2021: Swiss Re
The market has significant growth potential beyond these projections. Given estimates of annual global cyber losses at around $ 945 billion, roughly 90% of the risk remains uninsured, said Swiss Re Jérôme Haegeli, Swiss Re Group Chief Economist: "As cyberattacks have...