The Investor-State Dispute Settlement (ISDS) mechanism is aimed at...
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Denmark plans $1 billion war insurance for its merchant fleet
Denmark plans to set aside almost $1 billion to insure its merchant...
Rain, lightning strikes kill 7 in north India; 200 flights delayed, J-K highway closed
Flash floods were triggered in the Chenab River, prompting the...
Even govt will be held accountable for data breach, says govt source
The source said that there has been frivolous applications under the Right to Information Act which overburden government departments and therefore the government-notified entity has been exempted from RTI clause New Delhi; The Digital Personal Data Protection Bill...
Govt proposes penalty of up to Rs 500 cr for data breach under Data Protection Bill
The draft bill, renamed as The Digital Personal Data Protection Bill, 2022, has laid out the conditions for collecting data and the consent of the people whose data would be processed. New Delhi: The government has raised the penalty amount to up to Rs 500 crore for...
Emerging Risks: Financial sector reliance on 2-3 big tech cos poses major risks, says Axis Bank CEO
Amitabh Chaudhry, managing director and chief executive warned that "the country's banking system now relies on two three big companies for their software service requirements, and this can lead to emerging risks in case these companies stop investing and ensuring...
Network of Twitter fake accounts stoked violence in UK
An estimated 500 inauthentic accounts that called for violence and promoted memes as well as incendiary videos were created on Twitter Inc. during riots in Leicester between late August and early September this year, according to the Network Contagion Research...
Over 95% organisations in India experienced ‘new fraud’ incidents in past 2-yrs: PwC Survey
Puneet Garkhel, Partner and Leader, Forensics Services, PwC India, said that with organisational perimeters becoming more vulnerable over the past two years, it is imperative for businesses to not only continually focus on policies, training and internal controls but...
Insurers and insurance repositories can share “Financial Information” with Account Aggregators: IRDAI
Financial Information Providers in insurance sector need to enter into a contractual framework with the AAs, and the same has to distinctly specify the rights and obligations of each party and modalities of dispute resolution mechanism Hyderabad: The...
TATA Steel Limited wins RIMS ERM global award of distinction
The award recognizes Tata Steel’s outstanding ERM achievements that have enabled the organization to streamline processes, strengthen collaboration across the enterprise and achieve strategic objectives. NEW YORK: RIMS, the risk management society®, presented Tata...
Australia to consider banning paying of ransoms to cyber criminals
Asked on ABC television on Sunday whether the government planned to look at outlawing ransom payments to cyber criminals, Australia's Home Affairs Minister Clare O'Neil said "that's correct". "We will do that in the context of … cyber strategy," she said Sydney:...
ASCI flags concerns around ‘dark patterns’ in digital advertising, proposes to expand code
A consumer is tricked into buying a more expensive product, paying more than what was initially disclosed, sharing data or making choices based on false or paid-for reviews by deploying 'dark patterns'. Mumbai: ASCI, a self-regulatory body of the advertising industry,...
Over 82 pc of biz executives polled in India see cybersecurity budgets rising in 2023: PwC survey
In India, cloud-based pathways (59 per cent) and the internet of things (58 per cent) are top areas of concern, followed by mobile devices and software supply chains (54 per cent). Globally, mobile devices are considered most unsecured (41 per cent) New Delhi: More...