Cyber Risk News - Latest Updates & Headlines
There is urgent need for unified cybersecurity framework to protect BFSI sector: Centre
New Delhi, April 7: There is an urgent need for unified cybersecurity framework to protect India's financial backbone as interconnected nature of the banking, financial services and insurance (BFSI) ecosystem means that a single cyberattack can have systemic repercussions, impacting multiple entities beyond the initial target,” S. Krishnan, MeitY Secretary, said on Monday.
Protection gaps expected to worsen insurance business till 2030, finds Bain & Co
New Delhi, April 3: Protection gaps are expected to worsen across all lines of the insurance business till 2030 as insurers worldwide contend with unsustainable rate-driven growth, according to new research released today by Bain & Company.