Cyber incidents: IRDAI asks insurers to empanel forensic experts in advance

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The story "Cyber incidents: IRDAI asks insurers to empanel forensic experts in advance" was covered 1 weeks ago by Business Standard, a news publisher based in India.

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Cyber incidents: IRDAI asks insurers to empanel forensic experts in advance - Business Standard

Quick Summary:

In a circular, which has come in the wake rising incidents of data breach, Insurance Regulagtory and Development Authority of India (Irdai) said that in today's digital age, any cyber incident and crisis poses significant threats to organisations.

Regulator Irdai on Wednesday directed insurers to empanel forensic auditor in advance so that they could conduct forensics and root cause analysis of cyber incidents without any delay.

Therefore, it is crucial to be prepared to respond effectively to prevent or minimise damage to information assets, including customer data and ensure business continuity.