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Indian companies paid Rs4 crore on average for cyber attack demands: Report

Indian companies paid Rs4 crore on average for cyber attack demands: Report

by AIP Online Bureau | Jul 2, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Technology

According to the State of Ransomware in India 2025 report, the median payout towards ransom was USD 481,636 (about Rs 4 crore), down 79 per cent from the previous year. New Delhi: UK-based cybersecurity firm Sophos on Wednesday claimed that 53 per cent of Indian...

Over 18.9 lakh cos were active in India at May-end shows official data

by AIP Online Bureau | Jun 26, 2025 | Data, Eco/Invest/Demography, Workplace/Employee Benefits

“Top three states that receive the highest number of new registrations duringMay 2025 were Maharashtra with 17 per cent which amounts to 3,458 corporates, Uttar Pradesh with 11 per cent coming in at 2,379 and Delhi following closely behind at 9 per cent...
FSIB recommends 5 GMs from 2 PSU re/insurance cos for ED promotions

FSIB recommends 5 GMs from 2 PSU re/insurance cos for ED promotions

by AIP Online Bureau | May 16, 2025 | Indian News, Non-Life, Regulation, Reinsurance

The five names are- Jayashri Balkrishna, GM, GIC Re for GIC-Re, Amandeep Singh Grover, GM, National Insurance Company(NIC) for Oriental Insurance Company(OIC), Anjana Saxena, GM, NIC for OIC, Sanjay Lalla, GM, NIC for Agriculture Insurance Company(AIC), Mini George,...
UK’s financial regulator to relax rules for pushing insurance to large companies

UK’s financial regulator to relax rules for pushing insurance to large companies

by AIP Online Bureau | May 14, 2025 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance

The changes aim to better differentiate big corporates from smaller businesses that take out insurance, the Financial Conduct Authority said in an emailed statement on Wednesday. The move would “ease the burden on firms insuring larger businesses that can manage risks...

UK-India investment treaty lets companies sue government

by AIP Online Bureau | May 3, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

The Investor-State Dispute Settlement (ISDS) mechanism is aimed at protecting companies against possible unfair treatment under local laws, and will be included in an investment treaty that is expected to be struck alongside a free trade agreement shortly LONDON: An...
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