Category:

Technology

Govt warns Twitter exemption from liability will be withdrawn on non-compliance

The new IT rules require significant social media intermediaries – those with other 50 lakh users – to appoint a grievance officer, nodal officer, and chief compliance officer. This personnel is required to be residents in India.

Under the new rules, social media companies will have to take down flagged content within 36 hours, and remove within 24 hours content that is flagged for nudity, pornography, etc. The Centre had said the new rules are designed to prevent abuse and misuse of platforms, and offer users a robust forum for grievance redressal.

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Epillo launches the first-of-its-kind integrated mobile App for patients

There are special features available that will aid in the global battle against COVID-19, where patient’s symptom data is captured, digitized, monitored, and analyzed and can be shared with their doctors. Through this feature, doctors can also prescribe medication to their patients using their clinical platform. So far, there are more than 200 doctors on board to support the telemedicine feature for this app and they will be gradually ramping up these numbers in the coming future.

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1 Indian firm paying average Rs 55 lakh after ransom attack

The average ransom payment in India was $76,619 (over Rs 55 lakh). However, paying up often doesn’t pay off as Indian organizations that paid the ransom got back, on average, 75 per cent of their data and only 4 per cent got all their data back, according to ‘The State of Ransomware 2021’ report by global cybersecurity leader Sophos.

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Ransomware & aggregation issues in US call for new approaches to US Cyber Risk : AM BEST

The loss ratio for cyber insurance rose dramatically in 2020, to 67.8%, from 44.8% in 2019. However, the increase was not limited to just a few insurers—the loss ratio rose for 15 of the 20 largest cyber insurers.

“The rate increases for cyber insurance outpaced that of the broader property/casualty industry, but the increase in cyber losses outstripped the rate hikes, which suggests more trouble for 2021 as ransom demands continue to grow,” said Sridhar Manyem, director, industry research and analytics.

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