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WHO unveils digital health promoter harnessing generative AI for public health
Dr Tedros Adhanom Ghebreyesus,Director-General, WHO S.A.R.A.H.,...
AXA to run cyber risks campaign ahead of Paris Olympics
Nippon Telegraph & Telephone Corp., which provided...
EU antitrust regulators halt Aon, Willis probe, await data
The European Commission, which kicked off its probe in December because of concerns the deal to create the world’s largest insurance broker may hurt competition in major markets, said it stopped the clock on Monday.
“This procedure in merger investigations is activated if the parties fail to provide, in a timely fashion, an important piece of information that the Commission has requested from them,” a spokeswoman for the EU competition enforcer said.
Hacker changed water chemical levels to poison entire US city
“The hacker changed the sodium hydroxide from about 100 parts per million to 11,100 parts per million. This is obviously a significant and potentially dangerous increase,” Bob Gualtieri, Sheriff of Oldsmar city in Florida state in the US, was quoted as saying in local media reports on Monday.
The intrusion took place on February 5 when the hacker remotely accessed a computer system that was set up to allow for the remote control of water treatment operations.
According to a report in Tampa Bay Times, local and federal authorities including the FBI were investigating the attempt to poison the city of Oldsmar.
Vaccine passport is the new normal, but it comes with its own problems
Among those developing passports are biometrics company iProov and cyber security firm Mvine which have built a vaccine pass now being tested within Britain’s National Health Service after receiving UK government funding.
U.S. insurance asset sales attract new private equity players, strategies
Insurers inked 441 deals worth $25 billion in 2020, up from 356 deals worth about $22 billion the year before, according to data from Refinitiv. That momentum continued into January which was the most active month for insurance deal-making in 20 years, according to PricewaterhouseCoopers.
Lloyd’s launches global resilience platform for systemic risks
“The COVID-19 pandemic has shown that a hypothetical systemic risk, is never far from becoming a reality and that we must do everything we can to prepare and mitigate against the worst impacts of the constantly changing and challenging risk landscape,” commented John Neal, CEO of Lloyd’s.
Willis to pay $2.1m cash retention agreements for 4 executives till Aon merger
Under the retention agreements, Burwell, Wickes, Hess and Gunn are each eligible to earn a cash amount of up to $750,000, $487,500, $487,500 and $420,000, respectively, based on the number of whole and partial months each are employed with WTW from Jan. 1, 2021 through the date of the closing of the merger, said the filing.
Scientists warn over misuse of Climate Models in financial markets
“In the same way that a Formula One Grand Prix car is not what you would use to pop to the supermarket, climate models were never developed to provide finessed information for financial risk,” said Andy Pitman, a climate scientist at the University of New South Wales and a co-author of the paper.
UK company directors face personal liability for financial statements
Directors would have to vouch for the accuracy of financial statements in a version of the Sarbanes-Oxley regime introduced in the United States to crack down on accounting fraud after energy company Enron collapsed, the sources said.
WHO says coronavirus unlikely to have leaked from China lab
The WHO team’s mission is intended to be an initial step delving into the origins of the virus, which is believed to have originated in bats before being passed to humans through another species of wild animal, such as a pangolin or bamboo rat, which is considered an exotic delicacy by some in China.
Transmission through the trade in frozen products was also a possibility, WHO food safety and animal diseases expert Peter Ben Embarek said.
South Africa suspends AstraZeneca vaccine drive
“The AstraZeneca vaccine appeared effective against the original strain, but not against the variant,” Mkhize said. “We have decided to put a temporary hold on the rollout of the vaccine … more work needs to be done.”