Cyber Insurance for Startups – Bimakavach

Cyber Insurance goes beyond financial protection, often encompassing elements like reputation management, business interruption, and compliance with data protection regulations. This insurance is crucial for companies relying heavily on digital infrastructure, such as startups, as it mitigates the potentially devastating consequences of cyber incidents, ensuring their ability to recover swiftly and continue operations in an increasingly digitized business environment.

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China warns local governments not to misuse tech innovation funds – ET Telecom

China on Wednesday published revised rules on how local governments should manage funds allocated by Beijing for scientific and technological innovation, at a time when local government finances are under stress. The rules reiterate the need for local governments to report wasteful and illegal use of such funds to central government ministries, and warn against the use of such funds for debt repayment, pensions and civil servant salaries, according to a document on the website of China s ministry of finance.

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Chennai based supply chain startup Wiz Freight raises Rs 125 crore, valued at Rs 1400 crore – The New Indian Express

Ramkumar Ramachandran, Cofounder of the startup said, WIZ is set to double its workforce at the Tech and R&D Center in Chennai, which has 200 employees at present. It acts as a central control centre for tracking shipments. The company said it has an artificial intelligence-based platform for capacity discovery, dynamic pricing, optimizing routing and tracking etc.

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Ashneer Grover backs Dubai based fintech startup TigerPay – ANI News

TigerPay, the Dubai based fintech startup founded in 2023 by Prabh Singh, is revolutionizing payment solutions for SMEs in the region with its flagship product, softPOS, and QR and link payments. In a significant development, TigerPay successfully raised a preseed round of USD 250k last year and is now entering its second fundraising round, targeting USD 1.5M.

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AI security startup P0 raises $6.5 Mn in seed round – Entrackr

AI based security startup P0 has raised $6.5 million in its seed round from Silicon Valley based investor Lightspeed Venture Partners. Founded by Kunal Agarwal, and Prakash Sanker, P0 works like an assistant for a developer, which utilises large language models (LLMs) to pinpoint safety and security concerns in software.

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Union Budget 2024: This Budget is important for building a safe and seamless digital future, says Ritesh Chopra, India Director, Norton – Zee Biz

The Interim Union Budget 2024 has garnered attention for its approach to cybersecurity and digital transformation at a time when technology is rapidly permeating every aspect of our life. The government s approach towards cybersecurity outlines strategic investments in frameworks, fostering collaboration between its agencies and private entities to ensure a robust defence against cyber-attacks.

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Kyndryl s Journey: Transformative Growth, Cloud Innovation, and Cybersecurity Excellence – CXO Today

How does Kyndryl address the contemporary cybersecurity needs of enterprises through its cybersecurity practice Kyndryl tackles modern cybersecurity challenges through a strategic approach rooted in innovation. Our cybersecurity practice employs Artificial Intelligence (AI) for rapid breach detection, aligning with the dynamic digital landscape shaped by IoT, 5G, and hybrid work environments.

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Govt could make critical sectors use Indian cybersecurity products: Report – Business Standard

The government is planning to release a draft policy that will make companies in critical sectors use cybersecurity products and services developed in India, the Indian Express reported on Tuesday. The National Cybersecurity Reference Framework (NCRF) is expected to lay out clear roles and responsibilities that organisations should follow under existing rules, policies and guidelines.

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Department Of Telecommunications: Cybersecurity firm claims data leak of 750 million telecom users, DoT asks telcos for security audit. – ET Telecom

The Department of Telecom has asked service operators for a security audit of their systems following claims by a cybersecurity firm that data of 750 million Indian subscribers has been leaked, a government official said. Cybersecurity firm CloudSEK has claimed that its researchers have found that hackers are selling 1.8 terabyte of a database comprising 750 million Indian mobile consumers on the dark web.

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Assocham Drives IndiaUAE CEPA, Sparks Bilateral Trade Expansion – Business World

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) sponsored one on one meetings between delegates from the Sharjah Airport International Free Zone and Indian enterprises, using the India and United Arab Emirates (UAE) CEPA. These Delhi based workshops looked at how Indian companies may use their UAE roots to grow internationally, focusing on the Gulf as well as Africa and Europe.

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There will be initiatives on health, education in interim budget Chairman of ASSOCHAM s National council on MSME – The Financial Express

The Chairman of the National Council for Micro, Small, and Medium Enterprises (MSMEs) Associated Chambers of Commerce and Industry of India (ASSOCHAM), Chairman Manguirish Pai Raiker, on January 29 said that besides taking initiatives in promoting spiritual tourism, the government will come up with initiatives on health and education in the upcoming interim budget.

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