With instances of cyber threats increasing, the banks, which are increasingly going digital prodded by government and regulators following note-ban, are looking for cyber insurance -- a fledgling industry vertical for general insurers but having large growth potential.
This is despite the fact that the industry base for cyber insurance is currently as low as Rs 60 crore.
Markets regulator Sebi is mulling a greater push to put in place strong safeguards against cyber threats to bourses, brokerages and other entities, amid concerns over the largest-ever banking data breach wherein 32 lakh debit cards are feared to have been 'compromised'.
The India centre, which is the seventh such facility for the company globally, will function as a satellite to Microsoft's Redmond Digital Crimes Unit (DCU).
"There have been cyber incidents in the recent past. I think it would be overly complacent for anyone of us to say we are well prepared to meet all cyber threats," he said at the annual Fibac event.
RBI today asked banks to immediately put in place a cyber-security policy to tackle internet-based threats to the banking system.
Community-sourced threat intelligence platform automates open sharing of security data to counter advanced cyber threats
In co-ordination with an alert from the Department of Homeland Security, US Food and Drug Administration urged medical devices manufacturers against possible cyber threats.
Frost & Sullivan analyses the risks for data breaches and theft in the contact centre, and helps contact centre managers understand the actions that can be taken to increase agent vigilance and data security.
BYOD, virtualisation and the increasing complexity of threats create the greatest impact on today's enterprises.
The lack of appropriate security has already allowed a number of destructive cyber-attacks to lay waste to some of the most high-profile companies in the industry, says ABI Research.
McAfee has announced its strategy for building upon Security Connected, the framework in which security products and services work together to safeguard businesses with better protection.
ISACA survey finds that the most effective way to reduce IT risk is to educate employees.
This certification demonstrates Infor's ongoing commitment to security in order to help mitigate customers' risk in areas such as: reputation damage, financial loss, etc.
New analysis from Frost & Sullivan, finds that the secure content management market earned revenues of over $570.6 million in 2011 and estimates this to reach $1,787.8 million in 2018.
Antivirus software protects the whole infrastructure of 67 percent of companies. The remaining third introduce this kind of solution only for key nodes of the corporate network.
A recent survey conducted by O+K Research (Kaspersky Lab) shows that nearly two-thirds of respondents have never heard of online threats, while 28 percent of
Information Security Forum provides organisations with insights into managing risks as security threats collide.