Since the start of the Covid-19 pandemic in early 2020, the number of people working from home has increased dramatically. This effort to prevent health hazards may have slowed the spread of the virus, but according to F-Secure, it may have also contributed to an increase in digital anxiety among remote workers. According to a recent survey, 67 percent of internet users who work from home, compared to 58 percent of other users, are increasingly concerned about their online security and privacy, even if nothing is wrong.
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Insurance industry: Technological trends in 2022
The year 2021 will go down in history as a watershed moment in the evolution of technology in a variety of fields. More than US$10.5 billion was poured into insurtechs globally in the first nine months of 2021 alone, according to the Willis Re Q3 Quarterly Insurtech report, with hopes that this investment trend will continue to expand in the future years.
Several driving forces are combining to propel unprecedented growth in new technology-enabled insurance business models, according to Bolttech. There is no turning back now that the global pandemic has accelerated digital change. Traditional insurance companies have little choice but to form agreements with insurtechs and acquire ecosystem connectedness in this environment.
Digital asset protection will be high
Continue reading Insurance industry: Technological trends in 2022India’s Finance bill towards Digital Backbone
The Union Budget of India for 2022, presented by Finance Minister Nirmala Sitharaman, shows a clear preference for sustaining India’s economic growth trajectory, resulting in India becoming the world’s fastest-expanding economy. While the budget includes some strong development-support measures for all sectors, it singles out technology as a vital area for creating a digital ecosystem that will serve as a basis for business and economic growth. Digital infrastructure investment and policy initiatives will help India lay a solid basis for long-term growth.
Strong fundamentals are critical, and the government’s announcement of major investment in strengthening India’s digital infrastructure speaks volumes about the government’s commitment to moving the country toward a digital future. This can be seen in the contracts that will be awarded to lay optical fiber lines to hundreds of thousands of communities, as well as the investment strategy for design-led manufacturing that will aid in the development of our 5G ecosystem. Furthermore, the future 5G spectrum auctions will aid in the adoption of faster, more efficient mobile networks in India.
Continue reading India’s Finance bill towards Digital Backbone