Search Results for: insurance

The WannaCry ransomware seems to have targetted the health sector more, probably for the reason that most of the systems used in the industry were using unpatched or old windows systems and also their employees were not as well informed … Continue reading →

“Cyber Insurance-a dog that can bite you and itself” says my friend  Mr Dinesh Bareja (Information Security Expert) in an interesting article. Mr Dinesh has well brought out the risk of an insurance company being sued by its client when there … Continue reading →

It is reported that the Insurance Regulatory and Development Authority of India (IRDA) has mandated that the Indian Insurance companies should store all critical customer data in domestic servers within the next 3 to 6 months. (See article here) This … Continue reading →

If the recent circular of RBI on limited liability for Customers in E Banking frauds becomes a reality, it would simultaneously open the doors for the Cyber Insurance Industry to offer products for Cyber Insurance to individual Bank customers. The … Continue reading →

[This is a continuation of our discussions on Cyber Insurance Survey-2015 ending with our previous article : …Who Should Get Insurance Cover?] Last Friday (15th July), TATA AIG conducted a conference in Bangalore attended mainly by CFOs of different industries … Continue reading →

Naavi has been repeatedly emphasizing the need for banks to provide mandatory Cyber Insurance for the benefit of the customers as a support to the technology related innovations which have changed the threat landscape in the Banking industry. While new … Continue reading →