Category:

Risk Management

Over 90 pc Indian business leaders feel pandemic pressed need to improve crisis mgmt capability: Study

Puneet Garkhel, Partner and Leader, Forensics Services, PwC India, said that operations and supply chain, finance and liquidity, and workforce are the three areas in which Indian businesses experienced ”significant” or ”critical” impact owing to the pandemic. ”Indian businesses that have survived and even thrived, through this period have several significant foundational strengths in common with the most critical being a dedicated crisis response team with a fit-for-purpose response strategy, aligned to their organisation’s goals and purpose,” said Garkhel.

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Nairobi to Ningbo: See the supply shocks spanning globe

Container rates have shot up by as much as fivefold because of the disruptions that the pandemic is causing at ports around the world. Space on containers has been hard to secure and at one point, the company had a shipment of finished goods delayed for six weeks trying to leave India, said Adrienne Sodar, the company’s joint managing director.

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 65% of users still re-use passwords across accounts: Report

“Strong cybersecurity habits are more important than ever this year, given the sheer volume of time individuals have spent online in the last 18 months and the corresponding spike in cyber-attacks,” the company said in a statement.
Most data breaches — a staggering 85 per cent — involved a human element through phishing or human error, according to the 2021 Data Breach Investigations Report and the need for password security remains critical as attacks rise.

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WPP settles with US SEC charges of bribery in India, other FCPA violations; to pay $19 mn to watchdog

Issuing an order after accepting WPP’s offer to settle the matter, the Securities and Exchange Commission (SEC) said the bribery scheme took place at a WPP’s majority-owned subsidiary in India, which through intermediaries paid as much as a million dollars in bribes to Indian officials to obtain and retain government business.

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WNS Cares Foundation Partners with CHILDLINE India to Empower Over 7 Lakh Children on Cybersafety

”Cybersafety has become a crucial aspect within the larger issue of child safety, especially in the wake of the pandemic due to the unprecedented unsupervised online exposure that children are experiencing. We are pleased to collaborate with WCF to seed cybersafe behavior among children,” said Dr. Anjaiah Pandiri, Executive Director, CHILDLINE India Foundation (CIF).

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CCI clamps down on cartelisation in beer sales; slaps over Rs 873 cr fine on UBL, Carlsberg, others

The final order has been passed against United Breweries Ltd (UBL), SABMiller India Ltd, now renamed as Anheuser Busch InBev India Ltd (AB InBev), and Carlsberg India Private Ltd (CIPL), among other entities.
An official release said the companies and other entities have been found to be ”indulging in cartelisation in the sale and supply of beer in various States and Union Territories in India, including through the platform of All India Brewers’ Association (AIBA)”.

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