Total assets under management (AUM) for Indian gold ETFs climbed to...
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Luxury carmakers Mercedes, Audi see record sales in festive season
This year, the luxury car industry in India will surpass 2018...
FPIs pump Rs 33,700 cr in Indian equities in Sept amid US rate cut
With this, FPIs investment in equities reached Rs 76,572 crore so...
Colonial Pipeline has cyber insurance policy, paid hackers nearly $5 Million in ransom
The cover was for at least $15 million.
Cyber insurance typically covers ransom payments and insurers often provide staff to negotiate with the hackers, in addition to IT and public relations services.
Swiss Re CEO Christian Mumenthaler argues that the private insurance market is simply not large enough to offer full cyber protection to vulnerable organisations, due to the systemic nature of cyber risk.
He observed that the cyber insurance market is currently worth around $5.5 billion in premium, compared to “gigantic” yearly losses that extend into the hundreds of billions of dollars.
India reports 3,48,421 new COVID-19 cases, record 4205 deaths in last 24 hours
The active cases have reduced to 37,04,099 comprising 15.87 per cent of the total infections, while the national COVID-19 recovery rate has improved to 83.04 per cent, the data updated at 8 am showed.
Pune at the top in health infra-related ranking: Report
These rankings are benchmarked against parameters such as number of hospital beds per 1,000 people, air quality, water quality, sanitation, liveability index and 40 per cent weightage has been given to number of hospital beds.
“When it comes to health infrastructure, Pune is the most equipped city in India, offering 3.5 hospital beds per 1,000 people,” Housing.com said. This is much higher when compared to India’s national average.
Most of India should remain locked down for 6-8 weeks: ICMR chie
Currently, three-fourths of India’s 718 districts have what is known as a test-positivity rate above 10%, including major cities like New Delhi, Mumbai and the tech hub of Bengaluru.
Passenger vehicle sales dip 10% in April due to Covid led restrictions
“As expected, the COVID wave has impacted the sales of vehicles in the month of April 2021. Sales of passenger vehicles fell by about 10.07 per cent, compared to March 2021, due to various restrictions in states which have been experiencing a surge in COVID-19 cases,” SIAM Director General Rajesh Menon said.
Gig-economy riders in Spain must become staff within 90 days under new rule
The decree, which was agreed on with trade unions and business associations, aims to clarify the legal situation of thousands of riders after Spain’s Supreme Court ruled last year that companies must hire them as employees.
A debate on how to regulate workers’ rights in the gig economy is unfolding globally. The European Commission has opened a public consultation period on potential EU-wide rules.
U.K. cyber spies took down 15-times more scams in Pandemic
The COVID-19 pandemic led to a surge in malicious hacking and phishing attempts globally as fraudsters took advantage of more people working from home, which led to weaknesses in corporate security and fears about the virus that led people to click on links purporting to have information about the disease.
Apple stopped over $1.5B in potentially fraudulent transactions in 2020
Apple said it relies on a sophisticated system that combines machine learning, artificial intelligence, and human review by expert teams to moderate these ratings and reviews to help ensure accuracy and maintain trust.
Since 2020, Apple has processed over 1 billion ratings and over 100 million reviews, and over 250 million ratings and reviews were removed for not meeting moderation standards.
Pandemic could have been prevented: Expert panel on WHO’s handling of Covid
The WHO should have declared the new coronavirus outbreak in China an international emergency earlier than Jan. 30, 2020, but the next month was “lost” as countries failed to take strong measures to halt spread of the respiratory pathogen, it said.
Religious and political events among factors that accelerated COVID-19 transmission in India:WHO
”While India continues to account for 95% of cases and 93% of deaths in the South-East Asia Region, as well as 50% of global cases and 30% of global deaths, worrying trends have been observed in neighbouring countries,” it said.