Mumbai | New Delhi: What if an AI agent goes rogue and deletes the entire database of your company? Or, if your chatbot lies to the customer? These are the questions chief information security officers at leading companies are asking and the reasons they are increasingly turning towards cyber insurance to safeguard against “AI liability”.
Private sector insurer HDFC ERGO said it has seen a 25-30% increase in enquiries from companies buying cyber insurance for the first time. While it remains a specialised line, its relevance is growing as organisations seek structured risk-transfer solutions, it said.
