Category:

Risk Management

87% of Indian cos victims of security breach last year: Report

“While organisations are adapting to the hybrid approach thinking about both working from anywhere and application hosting, they continue to experience a high level of network breaches and facing ongoing connectivity and security challenges,” Murali Urs, Country Manager, Barracuda Networks India, said in a statement.

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Bad for business: World Bank China rigging scandal rattles investors

Economists said such reports – by the World Bank and others – were useful but had long been vulnerable to manipulation. They said some governments, especially in emerging market countries who want to demonstrate progress and attract investment, could become obsessed with their position in the reports, which assess everything from ease of paying taxes to legal rights.

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EU launches health crisis body to prepare for future pandemic

The new health emergency preparedness and response authority (HERA) will assess potential health threats, promote research, ensure the availability of critical production and help build stockpiles.

If a new health crisis struck, it would activate emergency funding and help coordinate monitoring, procurement and purchase of medical equipment or treatments.

The authority is partly designed to avoid a repeat of the ad hoc measures taken by individual EU countries at the start of the COVID-19 pandemic, some of them inefficient, others coming at the expense of other EU members.

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India top source of social media misinformation on COVID-19: Study

The study, “Prevalence and Source Analysis of COVID-19 Misinformation in 138 Countries”, was published in Sage’s International Federation of Library Associations and Institutions journal.
“Social media (84.94 per cent) produces the largest amount of misinformation, and the internet (90.5 per cent) as a whole is responsible for most of the COVID-19 misinformation. Moreover, Facebook alone produces 66.87 per cent of the misinformation among all social media platforms,” it stated.

Earlier, the World Health Organisation had also warned that false information on COVID-19 is spreading and putting people in danger.

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Australian media outlets liable for Facebook comments, court finds

“The acts of the (media companies) in facilitating, encouraging and thereby assisting the posting of comments by the third-party Facebook users rendered them publishers of those comments,” Justice Rothman found.

At the time the comments were published, Facebook did not allow page moderators to turn off comments on posts, however it has changed that.

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IRDAI’s move to risk policyholder’s data privacy, create data monopoly: Experts

While it is understandable that insurers have to share policyholder information with authorities/agencies specified by law or due to operation of law, experts question the need to share the same with IIB.

“Insurers can share the generic data relating to premium, claims — genuine and fraud — and other commercial aspects with IIB so that it can prepare its analytical reports for the industry to use. But why should policyholder information be shared with IIB,” wonders an industry official preferring anonymity.

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