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RBI says fully prepared for ‘Mythos’ cyber threat; advisories issued to regulated entities

RBI says fully prepared for ‘Mythos’ cyber threat; advisories issued to regulated entities

by AIP Online Bureau | Jun 5, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

“We have issued the required advisories. We remain fully prepared in terms of handling cyber security threats of this nature as well as conventional threats,” RBI Deputy Governor Swaminathan J said Mumbai:The Reserve Bank of India (RBI) on Friday said it...
Axis Max Life Insurance reports cyber threat

Axis Max Life Insurance reports cyber threat

by AIP Online Bureau | Jul 3, 2025 | Eco/Invest/Demography, Indian News, Life, Risk Management, Technology, Workplace/Employee Benefits

Indian firms such as Angel One, Niva Bupa Health Insurance and Star Health, and HDFC Life Insurance have reported high-profile security breaches in the past 10 months. Cyber fraud cases in India jumped more than four times in fiscal 2024, causing losses of $20 million...
BSE asks trading members to take measures to ward off any cyber threat

BSE asks trading members to take measures to ward off any cyber threat

by AIP Online Bureau | May 8, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

This directive comes after an advisory was received from the Indian Computer Emergency Response Team (CERT-In) highlighting a cyber threat campaign specifically targeting Indian organisations operating within the Banking, Financial Services, and Insurance (BFSI)...
Generative AI is reshaping the cyber threat landscape:  Lloyd’s report

Generative AI is reshaping the cyber threat landscape: Lloyd’s report

by AIP Online Bureau | Mar 12, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The impact of GenAI on the cyber landscape is likely to increase the frequency, severity, and diversity of smaller scale cyber attacks, which will grow over the next 12-24 months, followed by a plateauing as security and defensive technologies catch up to...

Cyber threat,public liability and geopolitics pose greatest risk to organisations: WTW survey

by AIP Online Bureau | Feb 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Risk Management, Technology

Ben MacCarthy, Head of Real Estate, Hospitality & Leisure, Asia, at WTW, said: “We found APAC firms pursuing innovative solutions through Proptech, with a focus on SMART buildings and improving ways data is accessed accurately especially to adapt to ESG and...
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