Get The Affordable services Online Frauds India | Finlock
Using android apps like FinLock ensures that you are always a step ahead from your scammers and are protected from the majority of online frauds India.
Cyberinsurance: a thought Whose Time Has Come
cyberinsurance in India is actually a thought whose time has come, its advent accelerated partially thanks to the dramatic changes that COVID has induced within the way online fraud prevention app business is now run. However, on the face of it, it does remain somewhat complex for the standard SME to fathom. The challenge for the insurance industry is to think through innovative business models and go-to-market strategies while building awareness and appreciation for the difficulty amongst customers. Miles to travel before the proverbial sleep, but a pot of gold to hunt . Consider the facts: Cybercrimes in India caused losses of INR 1.25T in 2019, cyberattacks on Indian entities almost trebled from 0.4M in 2019 to 1.16M in 2020. banks alone reported over 50,000 cases in FY19 with losses of ~INR 1.5B. Research indicates that over 50% of companies in India suffered downtime thanks to data loss. Covid has ushered in rapid digitization, with new processes and new working models, it seems
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