Adoption of AI spotlights biz to invest in proactive cybersecurity defences Rapid adoption of Artificial Intelligence has powered growth but opened avenues for cybercriminals to misuse AI for sophisticated attacks, Kaspersky has said spotlighting the need for businesses to invest in proactive cybersecurity defences to meet new-age challenges. Kaspersky, a global cybersecurity and digital privacy…
The Reserve Bank of India (RBI) has unveiled new master directions on cyber resilience and digital payment security controls specifically for non-bank payment system operators (PSOs). According to the RBI circular, PSOs must establish a board-approved information security policy to address potential information security risks across all applications and payment system products. This policy is…
With cyber threats evolving at an unprecedented pace and regulatory requirements becoming increasingly stringent, Zeron, a Mumbai based cybersecurity startup, has launched India’s first advanced Cyber Quantified model called Quantified Business Exposure to Risks (QBER) for BFSI companies. As the inaugural CRQ model from India, QBER sets a new standard for cyber risk quantification, offering…
Due to the rapidly increasing ransomware attacks, more businesses from small companies to big brands are purchasing cyber insurance plans to help mitigate potential losses in the event of a breach. The cyber security insurance market is expected to reach US$ 11.5 Billion in 2022, registering a CAGR of 18.2% from 2022 to 2032. Growing security threats and financial…
