by AIP Online Bureau | Feb 7, 2025 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology
With increased instances of fraud in digital payments becoming a significant concern, this initiative aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure financial services, thereby enhancing trust in digital banking...
by AIP Online Bureau | Nov 22, 2024 | Eco/Invest/Demography, Indian News, Policy
Under the rules, every telecom entity will be required to implement specified measures to ensure cyber security, including adopting a telecom cyber security policy (security safeguards, risk management approaches, actions, training, best practices and technologies, to...
by AIP Online Bureau | Nov 18, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance
In an era where digital transformation is reshaping industries, cybersecurity has emerged as a paramount concern, with an alarming rise in cyber threats. There was dialogue on urgency of strengthening Information Systems (IS) security, which emerged as a critical...
by AIP Online Bureau | Sep 20, 2024 | Health, Indian News, Risk Management, Technology
“Our cybersecurity team is already investigating the matter and simultaneously a police complaint has been filed. The company has adequate cybersecurity systems and controls, which are in accordance with IRDAI and other regulatory norms. We will issue further...
by AIP Online Bureau | Aug 20, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Technology
L to R- Vivek Joshi, secretary, Department of Financial Services, Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs and M. Nagaraju, secretary-designate, DFS. at at a meeting in New Delhi to review the performance of public sector Banks (PSBs) The...