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DPDP Act 2023: Insuring fines and penalties

DPDP Act 2023: Insuring fines and penalties

by AIP Online Bureau | Jan 9, 2025 | Articles, Eco/Invest/Demography, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Technology

While clarity on insurability of DPDP Act fines from an enforcement standpoint remains to be witnessed, insurance providers can play a vital role in managing risks and supporting businesses in their efforts to comply with data protection regulations The recently...

Australia flags new corporate penalties for privacy breaches

by AIP Online Bureau | Oct 24, 2022 | International News, Non-Life, Technology

Unknown cyber criminals this week demanded ransom from Australia’s largest health insurer, Medibank, after claiming to have stolen 200 gigabytes of customers’ data including medical diagnoses and treatments The thieves have reportedly threatened to make...

CCI slaps penalties totalling Rs 392 cr on MakeMyTrip, Goibibo, OYO

by AIP Online Bureau | Oct 19, 2022 | Indian News, Non-Life, Regulation

Among others, it was alleged that MMT-Go imposed a price parity in their agreements with hotel partners. Under such pacts, the hotel partners are not allowed to sell their rooms on any other platform or on its own online portal at a price below the price at which it...

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