Banks Crank Up Cyber Insurance to $100 Million Amid Threats

Banks are cranking up their cyber insurance to a jaw-dropping $100 million! In just five years, coverage has leaped from $10-25 million to $50-100 million due to a surge in cyberattacks. Claims are soaring too, hitting around Rs 150-160 crore. With digital threats lurking, these lenders are preparing for a wild ride in the cyber jungle!