"The downgrade reflects our expectations of a continued weakening...
Category:
Risk Management
Latest
Protection Gaps: Globally insurance business expected to worsen through 2030
Costs from global ransomware damage are expected to climb to more...
Equity market volatility may persist long-term outlook remains constructive: Experts
"India seems better positioned relative to most Asian equities...
Hackers target key European fuel-distribution firms
The incidents serve as a reminder of how cyber security is becoming a growing concern across the oil industry. Last year, Colonial Pipeline Co. paid a ransom after a hack forced it to shut the largest fuel pipeline in the U.S., resulting in shortages at filling...
China issues draft rules for fakes in cyberspace
The regulations provide for people to be protected from being impersonated without their consent by deepfakes - images that are virtually indistinguishable from the original, and easily used for manipulation or misinformation China's cyberspace regulator issued draft...
India ranks 85 in corruption perception index, concern over country’s democratic status: Transparency International report
India's rank improved by one place to 85 in 2021 from 86th in 2020, according to the index. Except Bhutan, all of India's neighbours are ranked below it. Pakistan dropped 16 spots in the index and was ranked at 140 India's rank improved one place to 85 among 180...
Delivery race among Indian grocery startups brings road safety risks
"Ten minutes is very sharp," said a former road secretary, Vijay Chhibber. "If there was a (road safety) regulator, it would have said this can't be a company's unique selling point." NEW DELHI: Indian grocery startups are luring tech-savvy customers with the promise...
Meta, Snap sued over social media ‘Addicted’ girl’s suicide
Meta and Snap knew or should have known that “their social media products were harmful to a significant percentage of their minor users,” according to the lawsuit. “In other words, defendants intentionally created an attractive nuisance to young children, but failed...
5G coverage inside buildings to be a challenge as signals get transmitted on high frequencies: Trai
"Holistic approach will be required to ensure availability of digital infrastructure in building complexes, that also in a non-discriminate manner. There is a huge problem in getting access to the buildings by the infrastructure providers, telecom service providers...
Amid risk aversion in equities, Bitcoin plunges to lowest level since Aug
Virtual coins have become emblematic of a retreat in speculative investments sparked by the prospect of tighter monetary policy in the U.S. Bitcoin of late has tracked swings in technology stocks, which have been under pressure, with the Nasdaq 100 tumbling into a...
COVID-19 stalls growth in MENA insurance markets: AM Best
The report highlights some common themes as weaknesses, the most important of which is risk governance, with companies adopting basic or minimum requirements to run their businesses LONDON: Middle East and North Africa (MENA) insurance markets have seen robust growth...
5G scare: AI cancels 8 US flights; DGCA working to overcome situation
Air India stated on Twitter that it won't be operate eight India-US flights on Wednesday "due to deployment of the 5G communications in the US". These eight Air India flights were: Delhi-New York, New York-Delhi, Delhi-Chicago, Chicago-Delhi, Delhi- San Francisco, San...
Airlines scramble to rejig schedules amid US 5G rollout concerns
The world's largest operator of the Boeing 777, Dubai's Emirates, said it would suspend flights to nine U.S. destinations from Jan. 19, the planned date for the deployment of 5G wireless services. Major international airlines rushed on Tuesday to rejig or cancel...