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Probe agencies can’t freeze bank accounts involved in cyber fraud transactions:HC

Probe agencies can’t freeze bank accounts involved in cyber fraud transactions:HC

by AIP Online Bureau | Nov 22, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

A probe agency can put the disputed amount on lien, but cannot freeze the entire account, said a bench of Justices Anil Pansare and Raj Wakode at Nagpur in a judgment passed on Thursday Mumbai: In a significant ruling, the Bombay High Court has held that probe...
One-fourth of Indian firms surveyed report cyber losses PwC report

One-fourth of Indian firms surveyed report cyber losses PwC report

by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“…25 per cent of businesses say their most damaging data breach in the past three years cost their organisation at least USD 1 million, with exposure highest among enterprises generating USD 5 billion or more in revenue (45 per cent)” New Delhi: Nearly a quarter...

Willis announces senior Cyber appointments in Asia

by AIP Online Bureau | Nov 11, 2025 | Briefs, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology

Willis, a WTW business has appointed Conor Keating as Head of Cyber, Asia, and Carlos Grijalva as Head of Cyber Sales, in Asia, effective immediately. Based in Singapore, Conor Keating transitions into the role of Head of Cyber, Asia, from his previous position as...
MS Amlin signs multi-year deal for CyberCube Solutions to support cyber growth strategy

MS Amlin signs multi-year deal for CyberCube Solutions to support cyber growth strategy

by AIP Online Bureau | Oct 26, 2025 | Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology

Chris Methven, Chief Growth Officer at CyberCube, said,“Our analytics are designed to help (re)insurers like MS Amlin navigate a rapidly evolving threat landscape and make confident, data-informed decisions. This collaboration reflects the growing demand for...
India’s FinTech boom exposes sector to rising cyber threats: PwC Report

India’s FinTech boom exposes sector to rising cyber threats: PwC Report

by AIP Online Bureau | Oct 16, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Shah Amber, Managing Director at PwC India, emphasised that with the fintech sector projected to reach USD 400 billion by 2030, strong cybersecurity will not only protect businesses but also reinforce customer confidence.Safeguarding customer data and building digital...
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