Evidence from multiple Unsolicited Commercial Communications (UCC)...
Category:
Risk Management
Latest
Cloudflare outage hits X and several digital platforms globally, including India
Cloudflare confirmed in its initial update that it was “aware of,...
AIIMS,airport, public projects worth Rs20, 000 cr saved from demolition as SC recalls verdict on environmental clearances
With this recall, these projects now have a chance to be...
West Bengal, Bihar most impacted by arsenic contamination: Centre tells NGT
“States of West Bengal and Bihar are reported to be most affected by arsenic contamination of groundwater irrigation by contaminated groundwater is the major route for arsenic entry into agricultural soil which ultimately leads to its entry into the food chain,” the...
59% of Indian companies suffered financial fraud in 24 months, PwC report
Puneet Garkhel, Partner and Leader, Forensic Services, PwC India, commented, 'In our 2022 survey, customer fraud led the list, reported by 47 per cent of companies. However, this year's findings reveal a shift with procurement fraud now emerging as the primary...
Govt plans to make agri residue burning punishable under solid waste management rules
Farmers with less than two acres of land now have to pay environmental compensation of Rs 5,000, up from Rs 2,500. And those with land between two and five acres are fined Rs 10,000 instead of Rs 5,000 New Delhi: The government plans to make open burning of...
US Cyber market-Extortion activity likely reached an all-time high in 2023, says Tokio Marine HCC
In 2024, premium rate change in the US cyber insurance market has fallen to below zero, marking the onset of a soft market. While premium growth stagnated, so did loss ratios, with a 3-point reduction in cyber market loss ratio to 41.6%. Houston, TX: Annual 2024 US...
Hemant Nagpal to head Gallagher Re’s APAC Analytics, Rohan Bhappu to join Howden Asia
Gallagher Re has appointed Hemant Nagpal, an insider, as its head of Analytics, Asia Pacific, with a focus on driving our analytics strategy for the region. Darren Murch will become deputy head of Analytics, Asia Pacific, working closely with Hemant to support the...
Meta Hit with 251M Euro Fine for Facebook Data Breach
Ireland’s Data Protection Commission issued the penalties after wrapping up its inquiry into the breach, when hackers gained access to user accounts by exploiting bugs in the platform’s code that allowed them to steal digital keys, known as “access tokens.” LONDON:...
1,394 batches of drugs recalled in 2023-24 for failing quality tests: Minister
The CDSCO and the Ministry of Health and Family Welfare have taken several measures to ensure that the drugs produced in the country meet the required safety and efficacy standards The number of batches of drugs recalled after failing quality tests rose from 950 in...
Security vulnerabilities hinder AI adoption in India, reveals Deloitte report
"…about 92 per cent of Indian executives identify security vulnerabilities, including hacking and cyber threats, as a primary concern in AI adoption, while 91 per cent express significant concern about the privacy risks related to sensitive data in AI usage New Delhi:...
Malhotra exhorts staff to strive for perfection; support realisation of Viksit Bharat vision
Sanjay Malhotra,Governor,Reserve Bank of India Malhotra, who faces a slew of challenges, including the unsettling of the inflation-growth balance and the continuous pressure on the rupee, said, “Continuous improvements and kaizens (improvement)” are essential for any...
Lockton unveils new global Parametric Insurance Practice
The parametric insurance market is projected to reach $39.3 billion by 2032, according to Global Market Insights, underscoring the demand for alternative solutions to cover gaps in conventional commercial property insurance KANSAS CITY: Lockton, the world's largest...