Both Apple and Google have started to ban applications that mine virtual currencies on their devices. But Hron, the Avast researcher, warns that the risk is growing as more everyday devices are connected to the internet – from ovens to home lighting systems – and that these are often the least secure. Hron said that cheaply made Chinese devices were particularly easy to hack.

Taken at face value, they suggest that average annual potential losses from cyber-attacks may be large, close to 9 percent of banks’ net income globally, or around $100 billion. In a severe scenario—in which the frequency of cyber-attacks would be twice as high as in the past with greater contagion— losses could be 2½–3½ times as high as this, or $270 billion to $350 billion.

“Companies around the world are increasingly confronted with the negative implications of natural capital depletion,” says Chris Bonnet, Manager, Environmental, Social and Governance (ESG) Business Services, AGCS

Srikrishna is leading the effort to draft new data-privacy laws for India that will regulate how tech giants from the U.S. and elsewhere operate in the nation of 1.3 billion. His recommendations carry particular weight because India is already the biggest market for companies like Facebook Inc. and offers enormous potential for dozens more. The committee Srikrishna helms will send its bill to the government this week.