In response to escalating cyber attacks in India, private insurers such as HDFC Ergo General Insurance and Bajaj Allianz General Insurance are taking proactive measures, including engaging in negotiations with cyber attackers, to address claims arising from ransomware incidents, as per a report by The Economic TimesIndia has recently become one of the most targeted countries globally for cyberattacks.In addition to refining their cyber insurance products, insurers are modifying covenants and…
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Cyber attacks on the rise, Indian insurance companies see uptick in corporate cyber policy enrolments
