The trial will test the four states’ allegations that Meta...
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Hacking group claims mass data theft from Shell, Philips, GE, Fiserv and dozens of others
While it’s not clear how the hackers allegedly accessed the...
SEBI chief calls for collective cyber resilience as threats grow more sophisticated
Pandey emphasised that cybersecurity is no longer merely an IT...
War becomes the number one political violence risk for more than 50% of companies globally:Allianz
"The political violence landscape across Asia remains volatile, with civil unrest in countries such as Indonesia and Nepal, as well as domestic regional tensions including those between Pakistan and India, and Cambodia and Thailand. While some of these events have...
SEBI working on framework for AI-based trading amid growing cyber threats: Tuhin Kanta Pandey
Tuhin Kanta Pandey,chairman, Sebi "For AI-driven trading, we are actually going for guidelines on that. On how AIs will, in future, do that. Now AI has an opportunity as well as a risk. The opportunity is that you can use the AI for several of your things which can be...
Iran war leaves global companies facing $25 billion losses
The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion – and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies listed in the United States,...
IRDAI gets ready to implement Risk Based Capital norms for insurers,to publish draft regulations soon
The IRDAI's board in its recent meeting had deliberated the issue and approved drafting and publishing the draft regulations on the proposed Indian Risk Based Capital Framework for stakeholder consultation.The issues which need to be addressed before launching RBC in...
Regulators discuss ways to enhance financial sector resilience amid geopolitical frictions
Sanjay Malhotra,Governor,Reserve Bank of India "The FSDC-SC reaffirmed its commitment to enhancing financial sector resiliencethrough inter-regulatory coordination; and keeping a close watch on emerging challenges, including those from heightened geopolitical...
Bank account can’t be frozen in absence of FIR: Delhi HC
Justice Purushaindra Kumar Kaurav, while dealing with a petition by an individual whose account in a private bank was frozen pursuant to a complaint from the Gujarat Cyber Crime Police in November 2024, stated that freezing a bank account without any justification...
I4C signs MoU with RBI Innovation Hub to use AI for detecting mule accounts, tackling cyber fraud
Union Home Minister Amit Shah said the agreement is part of the government's efforts to improve cyber security infrastructure and build stronger safeguards for citizens against online fraud. New Delhi:The Indian Cyber Crime Coordination Centre (I4C) under the Ministry...
Nagaraju launches $1.5 bn Bharat Marine Pool,hands over policies issued by New India
L to R-Sanjay Lohiya,special secretary, Department of Financial Services(DFS), M. Nagaraju,secretary, DFS, officials from Vedanta Sterlite and Balram Chini Mills, Girija Subramanian,CMD, New India Assurance, Kasturi Sengupta, secretary general, GI Council, Hitesh...
Govt to prepare a master plan to track climate, disaster impact: Amit Shah
Union Home Minister Amit Shah on Sunday reviewed country's preparedness to deal with potential floods and heat waves in a comprehensive manner during an important high-level meeting held in New Delhi. New Delhi:Union Home Minister Amit Shah said that a master plan...
Spanish health authorities move to evacuate passengers from infected ship
All passengers on the luxury cruise ship MV Hondius are considered high-risk contacts as a precautionary measure, Europe's public health agency said late on Saturday as part of its rapid scientific advice, adding that the risk to the general population remains low....