Insurers said they are seeing a 20-25% increase in demand for cyber insurance, turning it from an optional add-on to a necessary tool for compliance, as penalties under the Digital Personal Data Protection (DPDP) Act for a data fiduciary's failure to implement security safeguards could go up to Rs 250 crore, 50 times higher than before.
from Tech-Economic Times https://ift.tt/AcKz1Zl
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