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CYBER CRIME INSURANCE
Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...- 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...
- 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 ...
- Inside WhatsApp's measures to curb digital arrest scamsWhatsApp is using AI to combat digital arrest scams, banning thousands of impersonating accounts. Authorities are working to prevent signif...
- '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...
- Truecaller, HDFC ERGO tie up for insurance product to safeguard subscribers from digital fraudsCaller identification app Truecaller on Thursday said it has collaborated with general insurance company HDFC ERGO for an offering that aim...
- Cyber insurance rates drop 10% in June -reportCyber insurance rates more than doubled in 2021 during the COVID-19 pandemic, driven by a rise in so-called ransomware attacks, Howden said.
- Mumbai saw 70 pc rise in cyber crime cases in 2022: Devendra FadnavisAt least 4,286 cases of cyber fraud were registered in Mumbai over a period of one year till November 2022, Fadnavis said responding to a q...
- SafeHouse Tech, SecureNow bundle cyber security solution with insurance; eye 10 lakh subscribers by 2023Cyber security solution provider for mobile handsets Safehouse Tech (SHT) said it has become the first firm to bundle insurance cover of up...
- 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...
- Beware, fake insurance company agents may be calling youOver 200 calls were received by Religare Health Insurance Company's customer care centres alleging that data of its policy holders was ille...
- Now buy cyber insurance policy for Rs 3 a dayThe policy offers comprehensive protection against cyber risks and frauds carried out from any device and from any location worldwide.
- Financial regulators active in cyber security sans frameworkIndia still does not have a cyber security framework and its National Cyber Security Policy lacked an implementation framework and is yet t...
- Banks look for insurance as cyber threats increaseCountry's largest lender State Bank, which fell victim to cyber frauds late last year, is now considering insurance to protect its over 30 ...
- India Inc scrambles to check cybercrimeThe uptake of insurance policies covering cybercrime was largely limited to the IT-ITeS sectors, or ecommerce companies. Now crime is risin...
- European insurers wake up to cyber protection marketIn Germany, a total 64,000 acts of cyber crime were officially reported in 2012, representing around 42 million euros worth of damage.
- Cyber-crime costs up to $500 billion to world economyCybercrime costs the global economy between a whopping $100 billion and $500 billion annually, according to a first-of-its-kind report.
- IT cos seek insurance cover against virtual fraudBPOs as well as IT & ITeS companies are scrambling for insurance covers that guard them at least from the financial loss arising out of vir...
- BPOs, IT cos scout for cyber insuranceBPOs as well as IT and ITeS firms are scrambling for insurance covers that guard them at least from the financial loss. Tips for online pur...
- Terror insurance pool triples to Rs 600 crThe terrorism insurance pool, begun by the finance ministry, has tripled in size from Rs 200 crore in 2002 -when it was set up - to Rs 600 ...
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