Current Affairs - Business - Discussion

Tata AIG launched CyberEdge, a comprehensive cyber insurance solution aimed at protecting Indian businesses, particularly SMEs, from the growing threat of cyber risks. The product provides extensive coverage, including data recovery, legal fees, and business interruption losses. Tata AIG’s goal is to capture 25% of the cyber insurance market in the next five years. With cyberattacks on the rise in India, this initiative is timely, offering essential protection to businesses vulnerable to cyber threats, including small and medium enterprises that often lack strong cybersecurity measures.