Latest news with #NationalCyberSecurityStrategy
Yahoo
27-05-2025
- Business
- Yahoo
QIC unveils personal cyber insurance offering
Qatar Insurance Company (QIC) has launched personal cyber insurance coverage to protect individuals against cyber risks. This policy aims to provide financial safeguards for online threats including those related to online shopping and the use of internet-connected devices. The coverage encompasses financial losses due to credit card fraud, cyberattacks, cyber extortion, damage to connected devices and wearables, incidents of online shopping fraud, identity theft and phishing scams. It also extends to cover theft of funds and ransom payments in cases of cyber extortion. QIC CEO Salem Al Mannai added: 'In line with the National Cyber Security Strategy 2024–2030 and the objectives of Qatar National Vision 2030, QIC is proud to be the first insurer to introduce this ground-breaking personal cyber insurance in the country. 'As Qatar continues its digitalisation at all levels, we are confident that this new product will enhance the confidence with which people in Qatar go online, ensuring our community stays protected while engaging with an increasingly connected world.' The product is exclusively available to QIC customers and they can purchase it as an add-on to home contents, car and travel insurance policies for an annual premium of QR100. In November 2024, QIC partnered with Ooredoo Group to develop new insurance solutions by leveraging QIC's expertise in risk management and integrating it with Ooredoo's telecommunications infrastructure. "QIC unveils personal cyber insurance offering " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Qatar Tribune
26-05-2025
- Business
- Qatar Tribune
Navigate the digital world safely: QIC unveils personal cyber insurance
Tribune News Network Doha Qatar Insurance Company has introduced its new personal cyber insurance, an innovative coverage designed to protect individuals from cyber risks, ensuring they can navigate their digital lives with extra confidence. QIC's new personal cyber insurance is the first in Qatar to offer individuals a comprehensive financial protection against the cyber risks of daily online life, including those occurring while shopping online and using connected devices. With a QIC personal cyber insurance policy in hand, individuals in Qatar can now fulfill their digital needs worry-free knowing they are protected against financial losses from cyberattacks, online shopping fraud, credit card fraud, phishing scams, cyber extortion threats, identity theft, and cyber damage to their connected devices and wearables. In the event of a covered cyberattack, the insured person will benefit from financial support to restore or retrieve their digital systems and data. The policy also covers theft of funds, and ransom payments in the case of cyber extortion, ensuring that customers have the backing they need to recover without bearing the financial burden alone. Commenting on the new product,Salem Al Mannai, Group Chief Executive Officer, said: 'Qatar is one of the most connected countries in the world, with one of the highest internet penetration rates. People rely heavily on the internet for their daily needs, which can increase their exposure to cyber threats and risks, sometimes leading to significant financial losses. As Qatar's leading insurer, our responsibility is to empower everyone to navigate the digital world with confidence, staying protected while enjoying the convenience of a networked life.' Al Mannai added: 'In line with the National Cyber Security Strategy 2024-2030 and the objectives of Qatar National Vision 2030, QIC is proud to be the first insurer to introduce this groundbreaking personal cyber insurance in the country. As Qatar continues its digitalization at all levels, we are confident that this new product will enhance the confidence with which people in Qatar go online.
Irish Times
20-05-2025
- Business
- Irish Times
First AI committee to examine ‘urgent' concern for democracy
'Increasingly urgent' concern around the potential subversion of Ireland's electoral system is to be investigated by the incoming Oireachtas committee on Artificial Intelligence (AI), which is likely to feed into a forthcoming renewal of Government strategy on cyber security. The committee, chaired by Fianna Fáil TD Malcolm Byrne , will meet for the first time on Tuesday in a closed session. It is likely to spearhead much of the State's discussions around the rapidly developing technology, widely perceived to bring threat and opportunity in equal measure. A detailed position paper circulated to committee members in the run up to its inaugural session outlines the various critical areas of AI application it will address, as well as lists of potential expert witnesses. READ MORE [ AI to be used in drafting Government department documents Opens in new window ] [ Major differences in how Government departments and agencies approach AI use Opens in new window ] 'The use of artificial intelligence with specific regard to our democratic processes and electoral systems presents a real and increasingly urgent concern,' it said. 'The deployment of AI to spread misinformation and undermine elections has already been seen in Taiwan, Moldova, Slovakia, United States and Indonesia. These concerns are also developing in an international security context.' Article 5 of the recently adopted draft European framework convention on artificial intelligence, human rights, democracy and the rule of law requires Ireland to adopt measures to protect against AI systems designed to undermine democratic institutions and processes. Key witnesses likely to be called by the committee in this area include dominant social media companies such as X and TikTok, and representatives of media. The committee will also consider economic implications , taking note of a recent report from the Department of Finance that estimated as much as 60 per cent of jobs could be placed in jeopardy. A scoping paper on the 'disruptive impacts' on the workforce is expected to be published by Government before the summer recess. Indigenous industries, particularly SMEs, will be considered in terms of how best to harness the economic opportunities presented by the growing AI sector. The committee has noted, however, Ireland's reduced ranking in the Government AI Readiness Index, falling to 20th position from 17th in 2021. Other areas of AI application have attracted concern in recent years, particularly in policing . The paper noted that real time AI-driven facial recognition software was deployed by the UK's Metropolitan Police during the coronation of King Charles. 'As one can imagine, AI in policing and amongst the judiciary has sparked a great deal of debate,' the paper said. Ireland's National Cyber Security Strategy is due to expire in 2025 and the committee expects to be 'well placed to feed into the drafting of the new strategy'. It will act as something of a think tank around policy and practical use, and represents the latest layer of Government preparation for the technology's anticipated dominance following the development of a national AI strategy, the appointment of an AI ambassador and the establishment of an independent AI Advisory Council. Mindful of its role in promoting AI adoption, the committee expects to use the technology in its own work, in summarising minutes and testimonies, and has suggested its members might be willing to explore the use of AI devices in healthcare settings. It will explore the development of commercial AI by various companies including Open AI and Google, and invite relevant witnesses.
