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CYBER INSURANCE CLAIMS
The hidden cost of looking better: What health insurance covers, and what it leaves you to payRising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
Insurers racing to ‘AI-proof’ systems as IRDAI flags risksIndian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven...
Companies fish for cyber cover as AI liability risks surfaceIndian companies are turning to cyber insurance for protection against AI risks. Concerns about AI agents going rogue or chatbots providing...
Journalist or messenger? Why does every White House Iran leak go through the same reporter? The Barak Ravid questionBarak Ravid and the Iran Leak Pipeline: The name Barak Ravid keeps appearing whenever sensitive Iran stories break in Washington. A new lea...
Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
India seeks Mythos access; Eternal's strong Q4Happy Wednesday! India is in talks with Anthropic and the US government to give homegrown companies access to Mythos. This and more in toda...
'They said it was for tax and fees': Senior citizen spends Rs 64 lakh to 'recover' old insurance funds, ends up with a police notice for criminal activity insteadA 62-year-old senior citizen from Navi Mumbai was cheated of Rs 64 lakh over four years by cyber fraudsters who posed as officials from the...
From insurance purchase to strategic risk management: A shift in Indian corporate thinkingIndian companies are increasingly integrating insurance into their broader corporate risk strategy, moving beyond a traditional, finance-ce...
Is your insurance adequate? Here’s a simple checklist to find outMany policyholders are insured but not adequately, leading to claim dissonance. Reviewing health, home, cyber, and motor insurance covers t...
Insured losses from CrowdStrike outage could reach $1.5 billion: CyberCubeGlobal insured losses from a recent IT outage caused by a software bug in CrowdStrike's quality-control system are projected to range from ...
Insurers face business interruption claims after global tech outageA worldwide tech outage caused by a cybersecurity firm's software update has led to possible business interruption claims across various in...
Insurers negotiate with hackers as cyber claims riseInsurers are tying up with agencies that act as intermediators to interact with hackers, or “threat actors”. These agencies help in negotia...
Cyber insurance cover cost soars up to 60% with rise in attacksCyber insurance premiums have surged 50-60% in the past year as reinsurance rates have gone up amid a global increase in cyberattacks and r...
Do you need to get a personal cyber insurance policy?As cyber crime surges after Covid-induced work from home, it may be time to secure your risks. Find out if you should pick an individual cy...
Crypto bourses can’t get cover for cyber risksIn the absence of regulation, cryptocurrency exchanges in India are not being able to get insurance protection against cyber risks like ran...
IRDAI’s new norms on cyber insurance for individuals cover online theft of funds, identity, social mediaThe Insurance Regulatory and Development Authority of India (Irdai) has underlined the need for cyber insurance by citing the increase in d...
Remote working to push demand for cyber insurance: IRDAI official"In the long term, the transition to virtual workspaces resulting from COVID 19 may increase the demand for cyber insurance and further the...
What to consider while buying a cyber insurance planThere are three important things to consider in any cyber protection insurance plan. Read on to know them before you buy one.
Insurance companies may face the brunt of botched tech after WannaCryExperts say that insurers may end up paying for restoration and back-up of computers affected by the ransomware, rather than the ransom its...