The Insurance Regulatory and Development Authority of India (IRDAI) has introduced tougher regulations to counter online fraud following numerous incidents at various insurers. The 2024 Insurance Fraud Monitoring Framework Guidelines oblige insurers to put in place strict anti-fraud measures such as endorsed anti-fraud policies, Fraud Monitoring Units (FMU’s), strengthened cybersecurity, and regular fraud education initiatives. This follows a notable security breach at Star Health Insurance.
Cyber Essentials NHS and Healthcare Organisations
The UK government-backed Cyber Essentials scheme provides organisations with technical security controls to protect against common cyber threats. It’s particularly crucial for the NHS and