Training Programme  on “Cyber-Security, Crime & Insurance”

Insurance Foundation of India has announced 1 Day Training Programme on “Cyber Security, Crime & Insurance” which is to be held on Friday, 22 November, 2019 in New Delhi.

IFI has successfully organized various Executive Development Programmes/Skill Development Programmes of International standards in India with world-class faculty. The programmes which are organized by Insurance Foundation of India receive wide appreciation because these Training Programmes are of practical orientation as the experienced Faculty is drawn from Corporates, Banks/ Financial Firms, Insurance Companies, Reinsurance Companies, Insurance Brokerage Firms, Cyber Security Firms, Data Management Professionals, Technology Experts & Other IT Service Providers, leading Education Institutes.

Eminent Faculty Conducting this Training Programme:

Our Faculty comprises of people who are highly experienced and up to date in their knowledge.

• Mr. Jaspreet Singh, Partner - Cyber Security & Advisory Services, Ernst & Young LLP

• Dr. Rajeev Shorey, Principal Scientist/Researcher, TCS Innovation Labs, Bengaluru

• Mr. Anuj Agarwal, Trainer and Consultant on Cyber Security, Cyber Law, GDPR, Data Privacy, Start-ups

• Mr. Prashant Mali, President - Cyber Law Consulting (Advocates & Attorneys), Leading International Lawyer, Speaker, Author, Cyber thought Leader of the Country

• Ms. Oorjita Lath, Independent Consultant, Formerly - VP & National Head - Liability and Credit Vertical & Global Networks, Aditya Birla Insurance Broking and AVP- National Head for Liability Insurance Vertical, AON Global Insurance Services

• Mr. S. K. Sethi, Founder and Vice President, Insurance Foundation of India

Why the need for Specialized Industry Focused Training Programme on Cyber Security, Crime & Insurance?

Advances in information and communications technologies have revolutionised government scientific, educational and commercial infrastructures. The IT infrastructure has become integral part of the critical infrastructure which supports national capabilities such as power grids, emergency communication systems, financial systems, defense systems and air traffic control networks. The operational stability and security of critical information infrastructure is vital for economic security of the country for individuals, organizations and systems across global networks for trade and economic requirements.

Increasing complexity of IT systems and networks will mount security challenges for both providers and consumers. The increasing interconnectivity and accessibility (and consequently risk) to computer based systems that are critical to country’s economy.

Every aspect of today’s Economic Activity, Government Activity, and Social Media, use of Computer, Mobile Phone, ATM, and Net Banking is dependent on Internet. You do not know virus/ hacking can have huge impact on your business/ personal internet or computer. Cyber Risks cannot be ignored and it is necessary that we invest on Cyber Security.

Next step for any organization is to go in for Cyber Insurance so that losses to own organization or customers can be insured. 

According to Asia insurance Review “Cyber Criminals remain ahead in this cat and mouse game against the defenders and the list of threats will only grow. How can Insurers protect themselves and at the same time provide a safety net for their clients? This is a dynamic role that Insurers must now embrace and juggle”.

Cyber Insurance training programme is intended to be  serious discussion among Stake holders  comprising  of Corporate, Government, Police, Cyber Security Experts, Insurers to think in the direction on what needs to be done to avoid huge losses, which can affect even the survival of the organization and can impact shareholders wealth or market capitalization.

Objectives of the Training Programme:

The conference will feature and address the following issues:

 To provide a platform for open house discussion between Corporates/ Government and stakeholders

 Software Companies ready to provide support for Cyber Security?

 Is suitable insurance available for cyber risk coverage?

Topics to be covered:

 Need for Cyber Insurance for insurance related stakeholders 

 Cyber Laws/ Regulatory Framework- Legal Issues

 Points to be kept in mind 

 Cyber Laws/ Regulatory Framework- Legal Issues

 Cyber Insurance Policy

 Software Implementation for Cyber Protection

 Security Incident – Early Warning and Response

 Security Policy, Compliance and Assurance.

Who Should Attend the Training Programme (Target Participants?)

This is a good opportunity for:

 Corporates

 Banks/ Financial Firms

 Insurance Companies (CEOs/CIOs/CTOs & COOs)

 Reinsurance Companies (CEOs/CIOs/CTOs & COOs)

 Insurance Brokerage Firms

 Cyber Security Firms

 Data Management Professionals

 Technology Experts & Other IT Service Providers

 eCommerce Companies

 Law Firms

 Compliance Personnel and In-House Lawyers

 Police Officials

 Chartered Accountants

 Insurance/ Reinsurance Professionals dealing with Technology Concerns

 Members from Chambers of Commerce and Industry

 Associations Representing Various Segments Connected with this industry

What can you expect from the Training Programme?

Complete learning of cyber security measures/ protection & choosing best Cyber Insurance Policy for your business.

Some Key Take Away for Various Stake Holders will be:

 Understanding of Cyber Security

 Indian Perspective of Cyber Liability Insurance

 Legal Provisions/ Legal framework

 Possible Triggers

 Cyber Risk Insurance policy

 Cyber Security in India

 Data Security and Cybercrime in India

 Action required when you are attacked

Delegate Fee:

• Participation fee: Rs. 4000/- per individual participant.

• Group participation fee (team of 3 persons): Rs.3750/- each.

• Group participation fee (team of 5 persons and above): Rs.3500/- each.

• Individual Foreign Participant fee : US $ 125

Note: Prior registration/ confirmation are requested to attend this Training so that Logistics/ Study Material & Lunch can be arranged accordingly.

Accommodation:

This is nonresidential Programme; however reasonable hotels/ guest houses are available in surrounding areas such as Nehru Place, Greater Kailash – I & II, Panchsheel Enclave. Nearest Metro Station Nehru Enclave & Nehru Place.

Programme Coordinator will be ready to assist you in arranging the same (if required)

Certificate:

Certificates will be issued to the participants on completion of this Programme.

About the Organizer:

Insurance Foundation of India (IFI) is set up under Trust Registration Act 1882 of Government of India as a Not for Profit Organization. The main objective of IFI is to promote awareness of Insurance among masses. IFI has successfully organized various Executive Development Programmes/Skill development Programmes of International standards in India with world-class faculty.

Insurance Foundation of India (IFI) is an Education Partner of Chartered Insurance Institute, the leading institute conducting examination in insurance industry.

Under CSR project supported by PNB MetLife India Insurance Company Ltd we produced a Film “Khushiyon Ki Suraksha” for spreading awareness of insurance in rural areas. It is available on https://www.youtube.com/watch?v=hzbADuIcWuU

Our project “Bima Jagrukta Abhiyan” has been awarded Skoch Award as one of the 100 top Projects undertaken in India during 2016.We are approved under 80G of the Income Tax Act 1961. IFI will be pleased to be associated with CSR Project to be undertaken by you.

The best part of the Training Programmes being organized by us is that faculty comprises of those, who have up to date knowledge of working in Insurance Companies, Insurance Brokerage Firms, Insurance Surveyors & Loss Assessors, Law Firms or Insurance Buyers. This results in the sharing of practical and up to date knowledge by all stakeholders and hence up gradation of the skill in Indian Insurance Industry. This aspect is being highly appreciated in Social Media on global basis and now Insurance Foundation of India is rated as the top NGO in Insurance Training in the country and that too without Government support

Recently we had a 2 Days Extensive International Training Programme on “Crop Insurance” on 19 – 20 Nov2018 at New Delhi. This was well attended by participants from Foreign Regulator, Insurance Companies, Insurance Brokerage Firms, State Government Agriculture Ministry Officials, Micro Finance Companies, Reinsurers, Media, Agricultural Analysts, Technology Companies from all over India as well as various countries such as Jordan, Kenya, Sri Lanka and Nepal.

In association with Professional Advancement Bangladesh Ltd. (PABL) and Green Delta Insurance Co. Ltd., Insurance Foundation of India successfully organized 2 Days Programme in Dhaka (Bangladesh) on 26 – 27 Feb 2019 on “Transmitting Global Knowledge for Promoting Crop Insurance in Bangladesh”.

Insurance Foundation of India successfully conducted 3 Days International In house Training Programme on “Property and Marine Insurance” from 29 June – 01 July 2019in Dhaka, Bangladesh. This was organized for Senior Management of Green Delta Insurance Company, Bangladesh. This was also attended by Private Insurance Companies from Bangladesh and Brokers from Malaysia.

Source: Press Release