The hacks occurred in May during a cybersecurity test conducted by...
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Majority of digital infra stakeholders faced material disruption in 5 yrs: Economist Enterprise–FM report
“As organisations scale, the challenge is not simply managing...
Trai tightens anti-spam rules, brings AI-based detection, automated calls under framework
The amended rules also provide for a consumer appeal mechanism...
Public Insurance Registry to strengthen consumer protection, market efficiency, insurance coverage and reforms, says IRDAI
`Envisaged not merely as a data repository, but as an innovation platform and a strategic investment in national economic infrastructure, the PIR will strengthen consumer protection, market efficiency, insurance coverage and supporting the next generation of insurance...
LIC at 70: Seven Decades of Trust, Protection and Progress
As LIC enters its eighth decade, it stands at the intersection of tradition and transformation. Armed with a robust digital infrastructure, a diversified product suite, unmatched financial might, a strong army of dedicated agents, distribution partners, employees and...
Govt asks PSU general insurers to borrow `EASE’ from banking counterparts to fight out competition, to be finalised on Sep 2
Debasish Prusty, additional secretary, DFS, on Sept 27, convened a meeting with executive directors and general managers of the six PSU insurers to deliberate on the proposed implementation of the framework.The discussions are to be followed by a higher-level meeting...
Before flood catastrophe, Nepal asked China for early warnings as risks mounted
"What we actually wanted from them, and still want, is if there are early movements of glaciers and early movements around that area, we would want to know a bit early," said Sauhardra Joshi, a hydrologist at Nepal's Flood Forecasting Division, who was in the May...
AI Cyberattacks: Global firms warn of ‘Limited Window’ to protect critical infrastructure
OpenAI, Anthropic, Microsoft, Google, Visa and Mastercard are among the signatories to an open letter issued on August 27, which cautioned that existing cybersecurity measures may soon prove inadequate as AI-enabled attacks become more widespread and sophisticated. A...
67 vulnerable glacial lakes identified in Himachal; early warning systems planned for four in Kinnaur, Lahaul-Spiti
Given increased exposure to GLOFs, flash floods, cloudbursts, landslides, and other climate-related risks, officials stress that combining satellite surveillance, scientific assessments, ground monitoring, early warning systems, HFL mapping, and rapid emergency...
AI and Life Insurance: The next frontier for India
AI can help make life insurance more personalised, relevant and transparent for customers, while simultaneously revolutionising product development, distribution and operational efficiency for insurers. Gyanendra Singh, Chief Technology Officer, Aviva India India...
Meta’s social media settlement leaves its money machine unscathed
Beyond a wave of lawsuits globally claiming it knowingly sought to addict children and caused a mental health crisis, Meta has also been under scrutiny over sexualized AI chatbot interactions with children. The legal threats, long shrugged off by shareholders, drew...
IndiaFirst Life redrafts its IPO plans, to deploy Salesforce Agentforce for AI overhaul
Rushabh Gandhi, Managing Director & CEO, IndiaFirst Life Insurance and Arundhati Bhattacharya, President and CEO, Salesforce – South Asia at an event in Mumbai to announce partnership between IndiaFirst Life Insurance and Saleforce Rushabh Gandhi, Managing...
Meta reaches $16.68 billion settlement over social media harms to children
The settlement resolves claims brought by 29 U.S. states, and will end a federal trial that had been one of the highest-profile tests yet of allegations that social media companies harmed young users. Meta will impose daily usage limits and restrict nighttime usage by...