Equal has a plan to fight India’s growing cyber fraud problem

[ad_1] India, the world’s most populous country and the second-largest internet market after China, is becoming increasingly digitally active. However, this rapid digitization comes with a growing risk of online fraud. Cyber fraud is mounting in India to the point where the Indian government estimates it could amount to 0.7% of the country’s GDP — … Read more

SEC fines four companies $7 million for ‘misleading cyber disclosures’ regarding SolarWinds hack

[ad_1] The Securities and Exchange Commission (SEC) announced on Tuesday that it charged and imposed penalties on four companies for making misleading disclosures linked to the 2019 SolarWinds data breach.  The four companies charged are cybersecurity firms Check Point, which will pay a civil penalty of $995,000; Mimecast, which will pay $990,000; and the tech … Read more

European cyber insurance startup Stoïk secures $27 million

[ad_1] Cyber risk has become an increasingly important issue for small companies around the world. While many companies try to avoid and mitigate cyber risks, they rarely discuss transferring those risks to a third party. That’s why Stoïk is stepping in with a cyber insurance product specifically designed for small and medium-sized businesses. The French … Read more

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