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India: Global hotbed for phishing attacks, ranking 3rd

India: Global hotbed for phishing attacks, ranking 3rd

by AIP Online Bureau | May 1, 2024 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology

”As threat actors find new malicious means to extract and steal user data, steps are being taken by the Indian government, such as the implementation of the Digital Personal Data Protection Act, to help circumvent the proliferation of such attack vectors,”...
Elon Musk visits China as Tesla seeks self-driving technology rollout

Elon Musk visits China as Tesla seeks self-driving technology rollout

by AIP Online Bureau | Apr 28, 2024 | International News, Technology

The U.S. electric vehicle maker rolled out Full Self-Driving, or FSD, the most autonomous version of its Autopilot software, four years ago but has yet to make it available in China, its second-largest market globally, despite customers urging it to do so...
Fraud cases in banking sector rises in first half of FY24: RBI report

Fraud cases in banking sector rises in first half of FY24: RBI report

by AIP Online Bureau | Dec 27, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

With the adoption of new technology, it said, the risks of cyberattacks, data breaches and operational failures have also increased. Frauds lead to reputational, operational and business risk for banks and undermine customers’ trust in the banking system with...
Ebix files for Chapter 11 Bankruptcy, company’s nearly 200 non-US affiliates not included

Ebix files for Chapter 11 Bankruptcy, company’s nearly 200 non-US affiliates not included

by AIP Online Bureau | Dec 18, 2023 | Eco/Invest/Demography, Intermediaries, International News, Technology

Ebix has a tie-up with India’s BSE for an insurance broking company, BSE Ebix Insurance Broking Private Limited. Ebix holds 40 per cent in the broking unit Insurance software firm and short seller target Ebix Inc. promoted by Indian-American Robin Raina-led...
LIC ropes in Kellton as its strategic HRMS partner

LIC ropes in Kellton as its strategic HRMS partner

by AIP Online Bureau | Dec 18, 2023 | Indian News, Life, Technology

Kellton takes the helm in LIC’s digital revolution by spearheading the implementation of state-of-the-art HR tech across an extensive network of more than 4,000 locations Gurgaon: Kellton, a global tech services player, has secured a groundbreaking multi-year...
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