Under the proposed terms, Infosys McCamish Systems had agreed to...
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Cyber Insurance in India: Premiums, Ransomware and the AI
At this time the Indian cyber premium pool is expanding rapidly —...
India AI Governance Guidelines do not allow unrestricted deployment of high-risk AI systems: Govt
Jitin Prasada,Union Minister of State for Electronics and...
Into the Cyberverse: Industry must prioritise product innovation and investment
Luke Foord-Kelcey, Global Head of Cyber, Howden Re, commented, “Cyber is maturing into a distinct asset class with diversified reinsurance product offerings. Cedents must continue to evaluate reinsurance purchasing strategies critically and holistically, ensuring...
SC says digital access intrinsic to right to life, directs changes in KYC guidelines for disabled
A bench of Justices JB Pardiwala and R Mahadevan said the changes in digital KYC guidelines for people with disability, including blindness, and acid attack survivors are necessary as they are unable to complete the KYC process and avail facilities like opening bank...
Hackers target ransomware by disrupting Marks & Spencer Group
A group of suspected cybercriminals hit the company with a kind of ransomware known as DragonForce London: A ransomware attack is the cause of a disruption at Marks & Spencer Group Plc., with hackers using a potent kind of malware to lock down some of the British...
Uniform cybersecurity norms should govern telcos, OTT communication apps: COAI
"COAI feels that the cybersecurity measures need to be reinforced with clear outlines on the purpose, which is to free the people of such unwanted spam/fraud calls and messages to the maximum extent possible. For the same purpose, it may be judicious that similar...
Climate change may lead to increased probability of defaults: RBI DG Rao
M Rajeshwar Rao,deputy governor, Reserve Bank of India "Climate change would lead to additional operational costs for the borrowers with an increased possibility of loss of their assets, leading to increased probability of default by the borrowers," he said at Credit...
FM ask NPCI to address infrastructure gaps to prevent future disruption of UPI
Nirmala Sitharaman,Finance Minister NPCI officials also informed the Finance Minister that between 2021-22 and 2024-25, around 26 crore new users and 5.5 crore new merchants have been successfully onboarded onto the UPI platform. UPI now has approximately 45 crore...
SC notice to Centre on plea to ban sexually explicit content on OTT social media
The plea sought the Centre to stop access to social media and OTT platforms until they formulated a mechanism to bar access to pornographic content, especially to children in India New Delhi: The Supreme Court on Monday called it an "important concern" and sought...
Power outage hits large parts of Spain and Portugal
Officials said the possibility that it was caused by a cyber attack had not been ruled out MADRID/LISBON: Spain and Portugal were hit by a widespread power outage on Monday that paralysed public transport, caused large traffic jams and delayed flights.Utility...
Perfios takes over healthcare information exchange platform IHX
“The acquisition of IHX is a strategic leap in our mission to transform the healthcare claims landscape. IHX has long served as the backbone of India’s health claims ecosystem, and we are excited to welcome the IHX team into the Perfios family,” said Sabyasachi...
India, as fastest growing economy, is ideal investment destination: RBI Governor
Sanjay Malhotra,Governor,Reserve Bank of India . Malhotra highlighted that proactive government policies present unparalleled opportunities for investment in sunrise sectors such as space, semiconductors, renewable energy, and electric vehicles (EVs) Washington: India...