Trump said: “After a long night of talks mediated by the United...
Category:
Risk Management
Latest
Future terror acts to be considered an “act of war” against India
With this decision, the government headed by Prime Minister...
Seafarers stranded off Yemen port eye exit after US-Houthi ceasefire deal
Still, threat levels for shipping remained high given the Houthis'...
Retail loans can become a source of systemic risk, warns RBI
'Empirical evidence suggests that a build-up of concentration in retail loans may become a source of systemic risk,'' the RBI said in its trends and progress in banking report for FY22 Mumbai: Retail loans, long considered a panacea for the banking system, may become...
Cybersecurity could emerge as the biggest challenge in 2023
Cyber criminals are taking advantage of new and advanced methods to cause considerable damage to organisations' reputation, which could potentially cause huge financial losses. For businesses, taking the right preventive steps and investing in security measures is...
Cryptocurrency: Covering Losses
Lloyd’s recently announced a new policy to insure against losses stored on certain cryptocurrency wallets. Until the broader insurance market catches up with the rise of cryptocurrency and such insurance becomes more commonly used, most policyholders will need to look...
DGCA carries out 4,378 surveillance activities among Indian airlines this year
"As a result, the Effective Implementation score of India has risen from previous 69.95 per cent to 85.49 per cent, thereby changing India's Safety Oversight ranking from 102 to 48 among the 193 contracting states," it said. New Delhi: Aviation regulator DGCA on...
Meta agrees to pay largest $725 million to settle privacy lawsuit
It’s “the largest recovery ever achieved in a data privacy class action and the most Facebook has ever paid to resolve a private class action,” the plaintiffs said in a court filing late Thursday. Lawyers for the consumers had steadily gained leverage to pry into the...
Insurers shun FTX-linked crypto firms as contagion risk mounts
Specialists in the Lloyd's of London and Bermuda insurance markets are requiring more transparency from crypto companies about their exposure to FTX. The insurers are also proposing broad policy exclusions for any claims arising from the company's collapse. Kyle...
Key risk trends in 2023:Potential Recession, Cyber and ESG
Plunging growth rates, surging inflation, the energy crisis, continuing stock market volatility and ongoing supply chain issues are monitored closely by D&O underwriters as they could cause liquidity and profitability squeezes in many sectors and fuel rising...
Gmail suffers massive outage globally, restored
According to website outage monitor portal Downdetector.com, most problems were related to receiving emails, apart from failed connections New Delhi: Google finally restored Gmail service after it suffered a massive outage for millions of users globally, including in...
Hackers attack ICMR website around 6000 times in a day: Official
A proposal for developing an ICMR Data Centre (Delhi and Chennai) and a Disaster-Recovery site (Bangalore) is being developed on a turnkey basis. New Delhi: Hackers allegedly tried to breach the website of the apex health research body ICMR but their attempts were...
Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’
It's been a brutal year for investors. Bitcoin's price has dropped 63%, while the overall cryptocurrency market capitalization has lost $1.63 trillion in value. The collapse of Sam Bankman-Fried's FTX exchange hammered a long nail into the market. "I'm nearly...