by AIP Online Bureau | May 7, 2025 | International News, Reinsurance, Risk Management, Technology
“Criminal activity online – including, but not limited to, ransomware and data extortion – is rampant. Attacks like this are becoming more and more common. And all organizations, of all sizes, need to be prepared,” Jonathon Ellison and Ollie Whitehouse, respectively...
by AIP Online Bureau | Mar 28, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
“The government is cognizant of the increasing frequency and sophistication of cyberattacks in the country. The government has taken several legal, technical, and administrative policy measures for addressing cyber security challenges in the country,”...
by AIP Online Bureau | Oct 6, 2024 | Eco/Invest/Demography, Health, Indian News, Policy, Risk Management, Technology
In September 2024, insurer firm Star Health experienced a significant breach that exposed the sensitive health information of its clients on Telegram chatbots. “Cyber criminals today are not operating manually; they are using AI to automate attacks. They are...
by AIP Online Bureau | Jun 21, 2024 | International News, Risk Management, Technology
Chief Cabinet Secretary Yoshimasa Hayashi confirmed the attacks, stating that JAXA has been investigating the extent of the breaches, ensuring no classified data was compromised Tokyo:Japan’s space agency, JAXA, has faced numerous cyberattacks since the previous...
by AIP Online Bureau | May 19, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Regulation, Risk Management, Technology
”The potential impact of a successful cyberattack on a bank’s operations, reputation, and financial stability cannot be overstated, underscoring the critical importance of robust cybersecurity measures and proactive risk mitigation strategies,” RBI...