Insurers racing to ‘AI-proof’ systems as IRDAI flags risks - The Economic Times

Indian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven cyber threats. Traditional underwriting models may not be enough. New threats like AI-enabled phishing and deepfake fraud are evolving rapidly. Insurers are shifting to new risk assessment frameworks. This is a significant change for the industry.

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