BigData Increases Security Risks For Insurance Carriers

Data security breach is an increasingly serious problem for data-intensive industries of all kinds. Recent research shows that 90 per cent of all large organizations—including insurance carriers—suffered cyber security breaches in 2015, up from 81 per cent in 2014. Moreover, cybersecurity breaches are becoming more frequent and more expensive; according to the Ponemon Institute’s latest study on cybersecurity, the average consolidated cost of a data breach grew from USD 3.8 million to USD 4 million. The study also reports that the average cost incurred for each lost or stolen record...

TCS Partners With Colleges To Offer Big Data Courses

Tata Consultancy Services (TCS) has partnered with four colleges to offer courses in Big Data as it looks to strengthen the pool of workforce in the digital technology space in India. The four colleges - Swami Vivekananda University (West Bengal), St Xaviers College of Arts and Science (Ahmedabad), Central University of Rajasthan (Rajasthan) and St Joseph’s College (Bengaluru) — will offer MSc programme specializing in Big Data this year starting July 2016. Read Also: NASSCOM Kick Starts 4th Edition Of Big Data & Analytics Summit 2016 “The digital revolution is...