by AIP Online Bureau | Aug 2, 2024 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology, Workplace/Employee Benefits
The report stated that a total of 78,923 never-before-seen malware variants were identified in the first five months of 2024. The threat landscape remains complex, with over 500 strains of new variants discovered each day, the report said New Delhi: Malware attacks in...
by AIP Online Bureau | Jul 27, 2024 | Eco/Invest/Demography, Indian News, Risk Management
“With our extensive expertise in cyber security research, this collaboration strengthens our mission to contribute to the nation’s technological advancements to prevent any further cyber-attacks on critical infrastructure,” said Professor Manindra Agrawal, Director,...
by AIP Online Bureau | Jul 24, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“We expect claims will be mostly within the retentions of primary insurers,” said Fitch Cyber risk remains difficult for insurers to assess due to the dynamic root causes of claims. Challenges include a lack of effective, widely accepted modeling tools and...
by AIP Online Bureau | Jul 22, 2024 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology, Workplace/Employee Benefits
Clear understanding and documentation of cyber insurance policies are essential to determine coverage in connection with such incidents. Insurers could see that their incident response and claims handling teams are stretched thin given the scale of this incident, as...
by AIP Online Bureau | Jul 16, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
The acquisition of Wiz could help Google catch up to Microsoft Corp. and Amazon.com Inc. in an increasingly competitive cloud market. Google parent Alphabet Inc. is in talks to acquire cybersecurity startup Wiz Inc., according to a person familiar with the matter. A...
