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IRDAI tightens fraud rules post hacking incidents

By Economic Times - 16 hours ago
The Insurance Regulatory and Development Authority of India introduces new guidelines to combat online fraud in the insurance sector. Insurers must implement anti-fraud policies, fraud monitoring units, and advanced cybersecurity measures. Regular fraud awareness programmes for employees, agents, and policyholders are also mandated to increase vigilance and protect sensitive data from cybercriminals.

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