Tactics like leaking sensitive records and double-hacks aren’t...
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Global fintech industry sees robust 14 pc revenue growth, India shows the way
“Profitability and compliance are now the cornerstones of fintech...
Zurich to increase headcount by 40 % in India
Tulsi Naidu, chief executive officer for Asia Pacific There are...
Volkswagen faces first mammoth diesel lawsuit on home turf
Around 450,000 people have joined a first-of-its-kind grouped proceeding, introduced by lawmakers after the “dieselgate” emissions cheating scandal broke in 2015
Multiple cyber attacks on Airbus suppliers; possible link to China: Report
Hackers have targeted British engine-maker Rolls-Royce and the French technology consultancy and supplier Expleo, as well as two other French contractors working for Airbus that AFP was unable to identify.
Boeing vows new safety panel, design changes in response to 737 Max crashes
Boeing’s reputation has been badly tarnished after its marquee 737 Max jets crashed twice within five months, prompting global regulators in March to ban flights.
HDFC Life launches pre-approved product
INSTAInsure is an end-to-end digital journey that enables a partner’s customers to purchase a life insurance policy in a quick and hassle free manner. Through the power of INSTAInsure an existing customer of any of HDFC Life’s partners can purchase a policy instantly, in just 3 clicks. The policy issuance is done almost instantly.
Won’t allow driverless cars in India: Nitin Gadkari
“There are 40 lakh drivers in the country and a shortage of 25 lakh drivers. I will not let the jobs of 1 crore people be snatched away,” Gadkari said.
Building Indian Fintech & Cyber Security
We have the people, the talent and the capital to help create opportunities for Indian Fintechs to grow and test their Fintech products.We also have some of the friendliest regulation for FinTech’s globally.And since 2014, the Financial Conduct Authority has operated ‘Project Innovate’, with a regulation sandbox which has helped hundreds of firms from across the world get access to the market.
Business leaders spend less than 1 Day a year focusing on Cyber Risk: Marsh Survey
“We are well into the age of cyber risk awareness, yet too many organisations still struggle with creating a strong cyber-security culture with appropriate levels for governance, prioritization, management focus, and ownership,” said Kevin Richards, global head of Cyber Risk Consulting, Marsh. “This places them at a disadvantage both in building cyber resilience and in confronting the increasing complex cyber landscape.”
India tells tech firms to protect user privacy, prevent abuse
“I have only one caveat – it must be safe and secure, it must safeguard the privacy rights of the individual and you must make extra efforts that people don’t abuse the system,” Prasad told industry executives at a gathering organised by Alphabet Inc’s Google here
Google sets up AI research lab in Bengaluru
Earlier, advancing its commitment to building a future-ready workforce, Microsoft eartlier announced the launch of AI Digital Labs in collaboration with 10 higher educational institutions in the country.
India can be a global hub for tourism healthcare & data analytics: Kumar Mangalam Birla
“Tourism alone, I believe can be a USD 100 billion industry. Same is the story with various sectors in India. The country for example can be centre for development of healthcare solutions, in the digital domain India can generate trillions of data points due to its sheer size and hence it could position itself as a hub for data analytics industry globally,” Birla said