by AIP Online Bureau | Mar 14, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management
The I4C was set up by the MHA to provide a framework and eco-system for law-enforcement agencies in dealing with cybercrime in a coordinated and comprehensive manner New Delhi: The Centre has designated the Indian Cyber Crime Coordination Centre (I4C) as an agency of...
by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
Union IT and Communications Minister Ashwini Vaishnaw said that through digital measures to check fraud and crime, the Department of Telecom Services has been able to help citizens save around Rs 1,000 crore in the last nine months and Rs 1,008 crore has been frozen...
by AIP Online Bureau | Feb 27, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management, Technology
The private sector cannot provide cover for the greatest systemic cyber risks, such as the failure of critical infrastructure or cyber war. But a potential solution to this complex problem is a governmental backstop – a precautionary measure of last resort, Munich Re...
by AIP Online Bureau | Feb 26, 2024 | Articles, Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology
Cyber insurance premium costs have increased by over 50% over the past year. Several factors have contributed to the considerable increase in cyber insurance premium in India. This include the surge, sophistication and severity of cyber-attacks that have significantly...
by AIP Online Bureau | Feb 12, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Regulation, Technology
”With the adoption of AI and GenAI, laws are to be redefined. Industry needs to note that Digital Personal Data Protection (DPDP) Act rules are going to come soon, and banks may be in violation of some of it so it’s important to start preparing for...
