S Krishnan,Secretary,Ministry of Electronics and Information...
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6th Bima Manthan: Panda and insurance CEOs brainstorm on Bima Trinity, new products and data
Debasish Panda,chairman,IRDAI The industry's preparedness for...
An emergency slide falls off a Delta Air Lines plane, forcing pilots to return to JFK in New York
Pilots declared an emergency so the flight could be be routed...
Unlocking value for P&C insurers : Advanced analytics may present a crucial way
-Insurers can grow, optimise existing portfolios and become more efficient using advanced analytics that combine data science, extensive risk knowledge and industry expertise
-In particular, commercial lines can catch up with personal lines, which currently use analytics more extensively, through exploiting the rapid explosion in the number and breadth of structured and unstructured data sources
-Insurers can target at least a 2-5% improvement in loss ratios under real trading conditions with use of advanced analytics
SC grants Facebook some relief in key privacy case
The case is keenly watched as it brings out the conflict between privacy concerns on governments accessing citizens’ messages and the fight against cyber crimes like child pornography
7 global trends making engineering & construction projects bigger & costlier than ever
Analysis by Allianz Global Corporate & Specialty (AGCS) of more than 13,000 engineering insurance claims over the last five years has identified seven major trends in engineering and construction projects, driving some of the largest losses ever, according to a new report by the insurer. The report also examines how new technologies, such as drones, satellites, lasers, and computer modeling, are increasingly being used to speed up claims and mitigate risks
Max Life Insurance announces the launch of Max Innovation Lab
As part of this Programme, the startups will help create solutions by leveraging new age technologies such as Artificial Intelligence, Blockchain, Internet of Things, Big Data to facilitate a host of services such as intelligent data acquisition and processing generated from online/offline sources, intelligent underwriting, intelligent agent/seller hiring, financial management and more
India sees dramatic rise in cyber attacks post-Kashmir decision
“India needs to be more careful when it comes to the security of their websites and critical infrastructure, especially when there are cyber attackers that are ready to exploit our vulnerabilities in the name of cyberwar between countries,” the Kaspersky executive cautioned.
Maruti seeks tax relief for hybrid, CNG cars
“Personally we would like to see GST benefits linked to greener/cleaner cars. The Government gave tax cut on EVs but hybrid should be given duty cut. There should be tax cut on CNG vehicles as well,” he told a news channel.
Being discreet won’t help: Hackers can intercept smartphone sound and detect what you type
“Based on what we found, I think smartphone makers are going to have to go back to the drawing board and make sure they are enhancing the privacy with which people have access to these sensors in a smartphone,” Eric C. Larson, assistant professor in SMU Lyle School’s Department of Computer Science
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Major Bluetooth bug leaves devices vulnerable
As Engadget reports, the KNOB attack allows hackers to interfere with the Bluetooth pairing procedure by making the connection’s encryption key shorter than required. This makes it easier for hackers to intrude and spy on data shared between devices.
Facebook warned its employees, not users, about 2018 breach, Lawsuit says
Judge William Alsup told Facebook in January he was willing to allow “bone-crushing discovery” in the case to uncover how much user data was stolen.
Nimeshh Patel appointed as CEO of Wrisk
This appointment comes at a time where Wrisk is gaining traction and facing new demands to take the company to the next phase in its journey.