Category:

Disaster & Management

Cyber crime is growing risk to bank ratings: S&P

Cyber attacks can harm credit ratings mainly through reputational damage and potential monetary losses, it said in a report titled ‘Cyber Risk In A New Era: The Effect On Bank Ratings.’

“Cyber attacks have had only a limited effect on bank ratings to date but can trigger more rating actions in the future as cyber incidents become more frequent and complex,” said Credit Analyst Irina Velieva.

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Cyclone Yaas likely to make landfall near Odisha’s Dhamra port tom morning: Report

IMD Director General Dr Mrutyunjay Mohapatra said that Cyclone Yaas is likely to intensify into a “Very Severe Cyclonic Storm (VSCS)” by Tuesday evening and Chandbali is likely to witness the maximum damage caused by it.

“Rain has already started and will continue. Wind speeds in Kendrapara and Jagatsinghpur districts will reach around 80 kmph by midnight,” he said.

He said the impact will be severe for six hours before and after the landfall.

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Yaas intensifies into very severe cyclonic storm: IMD; eastern states evacuate more than 12 lakh people

`Yaas’, which was positioned 160 km south-southeast of Paradip in Odisha and 240 km south-southeast of Digha in West Bengal over north-west and adjoining west-central Bay of Bengal on Tuesday evening, is likely to gain a maximum speed of 155 kmph to 165 kmph gusting to 185 kmph during landfall, the Met department said.

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Biden doubles U.S. spending on preparations for extreme weather

The $1 billion will help communities prepare for hurricanes, floods and wildfires, with a portion allotted specifically to disadvantaged communities, the White House said.

It said the United States had 22 separate weather- and climate-related disasters in 2020 costing a total of nearly $100 billion in losses.

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PM Modi reviews preparations to deal with cyclone Yaas

Modi directed senior officers to work in close co-ordination with states to ensure safe evacuation of people from high-risk areas. He also instructed all concerned departments to ensure timely evacuation of those involved in off-shore activities. He spoke about the need to ensure that time duration of outages of power supply and communication network are minimum and are restored swiftly.

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