Insurers flag gaps in India’s cyber coverage as 16 billion massive data breach raises alarm

The fallout from a massive leak of over 16 billion structured credentials has triggered fresh concerns among India’s cyber insurance and risk management community. Experts are warning that businesses are neither sufficiently protected nor adequately prepared to deal with the financial and legal impact of large-scale cyber incidents.

The leaked data, sourced from over 30 breaches both old and recent, has heightened the risk of credential stuffing, identity theft and account hijacking.

Insurers and analysts say this is a wake-up call not just for…