M Rajeshwar Rao,deputy governor, Reserve Bank of India "Climate...
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Hurricanes and earthquakes could lead to global insured losses of $ 300 billion in a peak year, Swiss Re
Balz Grollimund, Swiss Re's Head of Catastrophe Perils, said: "Our...
Corporate America boosts security spending after UnitedHealth murder, filings show
“The number of customers requiring assessments and executive...
New legal structure needed to counter cyber criminals: Vaishnaw
Union Minister of Information Technology Ashwini Vaishnaw said this problem can be tackled by legal strategy, technology, organisations, capacity building and mutual cooperation Speaking on legal strategy to counter cyber crimes, Vaishnaw said the country needs to...
ICICI Lombard’s 2nd edition of Corporate India Risk Index witnesses a 9% jump
Bhargav Dasgupta, MD & CEO, ICICI Lombard General insurance The highest improvement was witnessed in the Transportation & Logistics sector, which has secured a score of 69, up from 47 in 2020. The sector bounced back post pandemic owing to new strategic...
With war next door, EU is warned on cybersecurity gaps
Cyberattacks against EU bodies are increasing “sharply,” with major incidents jumping more than tenfold between 2018 and 2021, according to the Luxembourg-based ECA Brussels: The warning by the European Court of Auditors covers the wide range of EU bodies — from the...
84 pc of Indian Firms Plan ASEAN HQ in Singapore: SC Survey
As of 2020, more than 8,000 Indian companies were registered in the country The top three identified risks are the COVID-19 pandemic or other health crises (85 per cent), the slow revival of the economy and drop in consumer spending (73 per cent), as well as...
Nuclear fears in US amid Russia-Ukraine war: AP-NORC poll
Close to half of Americans say they are very concerned that Russia would directly target the U.S. with nuclear weapons, and an additional 3 in 10 are somewhat concerned about that, according to the new poll from The Associated Press-NORC Center for Public Affairs...
China mounting cyber-attacks to fulfill its political objectives, says think tank
Crowd strike, which provides cyber security for half the world's 20 biggest multinationals revealed that China is motivated primarily by a desire for commercial secrets and pursuit of its political objectives. Analysis of thousands of cyberattacks indicates that more...
Data centres in India faced 51 million cyber attacks in 9 months
As per the research done by The Institution of Electronics and Telecommunication Engineers (IETE) and CyberPeace Foundation (CPF) along with Autobot Infosec, attackers tried to run multiple terminal commands and also tried to download malicious payloads on the system...
Biodiversity loss poses global financial threat, report says
While climate change has shot up the agenda, the related issue of lost biodiversity has been neglected even though it too can have a major economic impact, a report by the Network for Greening the Financial System (NGFS) and the International Network for Sustainable...
WTW partners with RIMS for promoting risk management and resilient organisations in APAC
Simon Weaver, Head of Corporate Risk & Broking, Asia and Australasia, and Head of Australasia, WTW, said,`` As the coronavirus becomes endemic, a broad set of societal risks have become ever-present in business decision making for all organisations today High...
Hackers hit authentication firm Okta, drawing concern across security industry
The screenshots were posted by a group of ransom-seeking hackers known as Lapsus$ on their Telegram channel late on Monday. In an accompanying message, the group said its focus was "ONLY on Okta customers." 'BE VERY VIGILANT' Okta Inc, whose authentication services...