Insurers flag gaps in India’s cyber coverage as 16 billion massive data breach raises alarm

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The fallout from a massive leak of over 16 billion structured credentials has triggered fresh concerns among India’s cyber insurance and risk management community. Experts are warning that businesses are neither sufficiently protected nor adequately prepared to deal with the financial and legal impact of large-scale cyber incidents.

The leaked data, sourced from over 30 breaches both old and recent, has heightened the risk of credential stuffing, identity theft and account hijacking.

Insurers and analysts say this is a wake-up call not just for…



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Insurers flag gaps in India’s cyber coverage as 16 billion massive data breach raises alarm


The fallout from a massive leak of over 16 billion structured credentials has triggered fresh concerns among India’s cyber insurance and risk management community. Experts are warning that businesses are neither sufficiently protected nor adequately prepared to deal with the financial and legal impact of large-scale cyber incidents.

The leaked data, sourced from over 30 breaches both old and recent, has heightened the risk of credential stuffing, identity theft and account hijacking.

Insurers and analysts say this is a wake-up call not just for…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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