Category Archives: Uncategorized

In the context of huge regulatory fines envisaged under GDPR, there is a renewed interest in Cyber Insurance among Data Processors everywhere. Since liability under GDPR may arise not only for payment of compensation to data owners but also for … Continue reading →

Bajaj Alliance Insurance has announced the launch of a Cyber Insurance Policy for individuals which could be the first such cover in India. We have been advocating such a policy for a long time and welcome this development. As per … Continue reading →

A high profile Privacy Summit had been organized at Taj West End by CCAI (Corporate Counsel Association of India) along with IAPP in which several issues of Privacy were discussed in the emerging technology environment. The undersigned participating in one … Continue reading →

The recent ransom ware attacks with  Wanna Cry have woken up the Indian corporate sector  to the needs of having Cyber Insurance as a means of recovering the losses arising out of such attacks. I refer to the article in … Continue reading →

Insurance is a vintage industry in India but Cyber Insurance is yet to develop in both its usage and structuring. One of the most difficult aspects of an Insurance contract is how do we interpret the Uberrimae fedei nature of … Continue reading →

Cyber Insurability  is defined as ” A measure of maturity of an organization for a Cyber Insurance Company to provide a Cyber Insurance Cover”. The perspective is from the Cyber Insurance Company which has to assess the proposed Insurer, accept … Continue reading →

The first ever study of the Indian Cyber Insurance Industry-2015 throwing up the perception of the industry on what they want from the Cyber Insurers is ready for being released some time in January 2016. The study undertaken by the … Continue reading →

Data Breach Notification Policy is a mandatory policy under certain regulations such as HIPAA/HITECH Act and is being increasingly used by different regulatory agencies. The essence of the policy is that when a potential data breach is discovered in a … Continue reading →

In US it is stated that 46 of the 50 states have made Data Breach Notification mandatory. As a result when a data breach even occurs the company needs to conduct an in house audit and then send out notifications … Continue reading →

Naavi has been advocating that companies need to start using  Cyber Insurance in India though the current level of awareness as well as the penetration is low. In these circumstances, the news that BitPay, a Bitcoin processor  could not recover … Continue reading →