Insurance firms will have to mandatorily appoint a chief information security officer by April 30 whose main job would be ensuring data protection.
This is part of sector regulator Insurance Regulatory and Development Authority of India (Irdai) cyber security guidelines that will be implemented in series, the first phase of which begins on April 30 and complete a full circle by end-March 2018.
"By March 31, all insurance companies will have to appoint a Chief Informatio ..