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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...- How your old forgotten UPI IDs may become a security risk and how to protect yourselfDeleting UPI apps doesn't deactivate associated IDs, leaving financial and privacy risks. Old, forgotten UPI IDs linked to recycled mobile ...
- Beware! Finance Secretary Nagaraju warns banks about risk from MythosIndian financial authorities are alerting banks to the significant risks from advanced AI models. Secretary M Nagaraju highlighted the pote...
- Health beats motor as India's leading non-life insurance segmentIndia’s non-life insurance sector has seen strong growth, with health insurance surpassing motor as the largest segment, though overall cov...
- Cybersecurity startup Safe Security raises $70 million from Avataar Ventures, othersPalo Alto-based Safe Security said the fresh capital will be used to invest in research and development initiatives, strengthen its presenc...
- Wipro bags deal from Germany's Vorwerk for IT transformationWipro secured a five-year deal with Germany’s Vorwerk to modernise its IT infrastructure using AI solutions. The partnership will integrate...
- Credit growth outpacing deposit growth could lead to liquidity challenges: ReportCredit growth is surpassing deposit growth, posing potential liquidity challenges for banks, according to a FICCI-IBA report. Banks are foc...
- Use of AI in finance likely to trigger rise in fraud: UK watchdogThe Financial Conduct Authority has already observed how volatility during the trading day has doubled and amplified compared to during the...
- Sebi proposes consolidated cyber security frameworkSebi has issued a consultation paper on 'Consolidated Cyber Security and Cyber Resilience Framework (CSCRF) for Sebi Regulated Entities' lo...
- IIT-Kanpur launches cybersecurity skilling programmeThe programme aims to provide learners with a deeper understanding of the technical basics of cyberspace and cyber issues, introduce real-t...
- ETtech Deals Digest: Indian startups raised $112 million in funding this weekThe funding raised by startups this week represents a 72% dip from the same period last year, when startups had raised $407 million, across...
- Saket Modi-founded cyber-risk mitigation firm Safe Security raises $50 millionThe latest infusion, which takes Safe Security's total funding to over $100 million, comes at a time when startups are facing a funding win...
- Banking industry a "target of choice" for cyber attacks during Covid-19: RBIThe banking industry has emerged as the choice target for cybercriminals during the COVID-19 pandemic, with the number of cyberattack incid...
- Cybersecurity startup Lucideus raises $7 millionThe startup, founded in 2012 and based in Palo Alto, is backed by John Chambers, the former chairman and CEO of networking gear maker Cisco.
- Expert view: Indian banks need to wake up to harsh cyber realitiesStrong customer data privacy protection norms have been the main drivers of robust cyber security arrangements by banks in most OECD countr...
- Cyberespionage and ransomware emerging as biggest threats as per Verizon's 2017 Data Breach Investigations Report“Insights provided in the DBIR are levelling the cyber security playing field,” said George Fischer, president of Verizon Enterprise Soluti...
- India Inc fears carelessness of employees could cause cyber attacks: SurveyAs per the survey titled -- Path to cyber resilience: Sense, Resist, React -- 58 per cent of Indian respondents fear that the next attack w...
- This is how you catch Chinese hackers nowJohnson’s contention is that hacking is a business and competitive issue, and that’s how companies need to approach it.
- India Inc looks for dedicated cyber cover as phishing attacks intensifyEarlier, dedicated cyber-liability insurance policies were predominantly found in the IT sector, which had client mandates that required su...
- Spend less on antivirus software, more on policing: StudyThe cost of protecting ourselves against cybercrime can far exceed the cost of the threat itself, said a study.
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