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Hackers attack 100 key people to collect intelligence: Microsoft

by AIP Online Bureau | Nov 2, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology

New Delhi:  Microsoft has detected and worked to stop a series of cyber-attacks from hackers masquerading as conference organisers to target more than 100 high-profile individuals, including former ambassadors and other senior policy experts, for intelligence...

Ransomware attacks surge 40% globally in Q3: Report

by AIP Online Bureau | Nov 2, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

New Delhi: While overall malware volume declined for the third consecutive quarter, ransomware attacks globally surged 40 per cent to reach 199.7 million hits in the third quarter of this year, according to a report from cybersecurity firm SonicWall. While sensors in...

There would be significant cyber losses in the next 10 years: Mumenthaler

by AIP Online Bureau | Nov 2, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Policy, Reinsurance, Risk Management, Technology

  Singapore: Amidst Covid-19 Pandemic,Christian Mumenthaler, Group CEO, Swiss Re, has cautioned that there would be significant cyber losses in the next 10 years  “I’m not predicting it, but I think it’s likely that we’re going...

India’s October factory growth at decade high as demand bounces back

by AIP Online Bureau | Nov 2, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: India’s factory activity expanded at its fastest pace in over a decade in October as demand and output continued to recover strongly from coronavirus-related disruptions, but firms cut more jobs, a private survey showed. Asia’s...

HDFC ERGO implements AI enabled solution to automate motor claims

by AIP Online Bureau | Nov 2, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Technology

  Mumbai: HDFC ERGO General Insurance, the third-largest domestic non-life insurre company in the private sector, announced the launch of the AI tool IDEAS (Intelligent Damage detection Estimation and Assessment Solution) for motor claim settlements.The IDEAS...
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