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Cyber Protection: Public-private action to bridge gap and boost resilience
Mario Greco, Group Chief Executive Officer, Zurich Insurance Group,...
GM to face big class action over faulty transmissions
Drivers said the vehicles shudder and shake in higher gears, and...
Insurers partner with paytechs to widen distribution in India:GlobalData
Ayushi Tandon, Senior Fintech Analyst at GlobalData, comments: “Insurance companies in India that have collaborated with paytechs are likely to reach a large customer base in a fast and inexpensive way. The strategy can work well as the use of payment platforms has dramatically increased in the country over the recent past, especially after the demonetization and during the COVID-19 pandemic. It can also simplify the entire customer journey in insurance, from purchases to claims.’’
SC notice to Centre, WhatsApp on plea alleging lower standards of privacy for Indian users
The apex court said people value their privacy more than the value of the company which might be in trillions.
WhatsApp told the top court that Europe has a special law on privacy and it will also follow if India has a similar statute
Tesla to set up electric car manufacturing unit in Karnataka
Last month, the electric carmaker incorporated Tesla Motors India and Energy Private Limited with its registered office in the city of Bengaluru in Karnataka, a hub for global technology companies.
State Chief Minister B.S. Yediyurappa had then said in a tweet, which was subsequently deleted, that Tesla would start its operations in India with an R&D unit in Bengaluru.
Delhi govt to soon start facilitating registration of e-autos: Gahlot
”E-autos can complement e-rickshaws in providing zero pollution last mile connectivity in Delhi. The Delhi government will soon bring out a scheme to facilitate easy registration of e-autos in Delhi,” said Gahlot.
SolarWinds hack was ‘largest and most sophisticated attack’ ever: Microsoft president Brad Smith
The hackers got access to emails at the U.S. Treasury, Justice and Commerce departments and other agencies.
Cybersecurity experts have said it could take months to identify the compromised systems and expel the hackers.
EU expert group at odds over how to resolve tech, carmakers’ patent dispute
Tech firm Nokia and automaker Daimler are locked in battle in German courts over the level of royalties for key navigation and communications technologies and who should pay them.
The issues are relevant for the wider digital and electronics sectors and internet-connected devices in energy, health and smart manufacturing, prompting EU regulators to look into the matter.
Facebook working on smartwatch with focus on messaging, fitness: Report
Facebook is aiming to start selling its smartwatch next year, with a second-generation planned for as soon as 2023.
Creation of health ID under NDHM not mandatory for citizens: Ashwini Choubey
On August 15, 2020, Prime Minister Narendra Modi announced the NDHM, following which NDHM pilot mode was launched in the Union Territories of Chandigarh, Ladakh, Dadra and Nagar Haveli and Daman and Diu, Puducherry, Andaman and Nicobar Islands and Lakshadweep. The budget allocated for the NDHM for 2020-21 is Rs 30 crore, Choubey said in a written reply to a question in the Lok Sabha.
ICICI Lombard launches “Corporate India Risk Index”
Bhargav Dasgupta, MD & CEO, ICICI Lombard said “Effective risk management starts with having quantifiable risk measurement tools. As we embrace risk mitigation practices, we must have these basic building blocks in place.This initiative will empower India Inc. to gauge risks better, understand their level of preparedness and accordingly adopt effective risk management practices.”
Satishwar Balakrishnan elevated as MD &CEO of Aegon Life Insurance
Balakrishnan, on his appointment, commented, ““Our pioneering foray into digital has been validated over the years and especially in the current scenario where the rest of the industry is now shifting its focus on digital processes. My focus will be on advancing our ‘Do-it-yourself’ insurance solutions and make them available at affordable costs and to make our entire insurance portfolio a one-click solution for our customers,” added Balakrishnan on his new role.”.