A new report by GCube Insurance calls for action from insurers,...
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World’s biggest companies cause $28 trillion in climate damage: Study
Everybody's asking the same question: What can we actually claim...
IMF slashes global outlook as White House says trade talks pick up pace
With tariffs on goods coming into the world’s No. 1 economy now at...
Vestas data ‘compromised’ by cyber attack,shares drop
The cyber security incident on Nov. 19 forced Vestas to shut down IT systems across multiple business units and locations to contain the issue, but the Danish company said it has been able to continue operations. COPENHAGEN: Shares in Vestas Wind Systems A/S dropped...
Amid growing cybercrimes, Delhi Police to set up cyber police station in every distric
According to data provided by the Delhi Police during its annual press conference in February, there was a rise in cybercrime cases from March to May 2020, when restrictions were in place due to the COVID-19 outbreak. The number of such cases went up from around 2,000...
urban risk landscapes to be driven by 3 main underlying trends:Geneva Association report
Man-made climate change not only directly affects the frequency and severity of weather-related hazards, it also brings longer-term shifts such as sea level rise, water scarcity and quality issues, as well as sustained higher temperatures and heatwaves, said the...
Sensex drops 1,170pts, Nifty below 17,450, investors lose Rs 7 trillion
The BSE index has shed 2,253 points (3.7 per cent) in the last four straight trading sessions. "Subdued listing and continued weak trading of Paytm is a big sentimental setback to the domestic market," Vinod Nair, head of research at Geojit Financial Services, said in...
Vulnerability in PNB server exposed customer data for about seven months: CyberX9
''Punjab National Bank kept severely compromising the security of funds, personal and financial information of over 180 million (all) its customers for about the last 7 months. PNB only woke up and fixed the vulnerability when CyberX9 discovered the vulnerability and...
Europe’s Covid-19 crisis pits vaccinated against unvaccinated
With infections spiking again despite nearly two years of restrictions, the health crisis increasingly is pitting citizen against citizen - the vaccinated against the unvaccinated Brussles: This was supposed to be the Christmas in Europe where family and friends could...
China fines tech giants Alibaba, Baidu for failing to report 43 old deals
In December last year, it fined Alibaba, Tencent-backed China Literature and Shenzhen Hive Box 500,000 yuan each for not reporting past deals properly for antitrust reviews, the first time it had ever done so. BEIJING: China's market regulator on Saturday said it was...
position India as market leader in cybersecurity, says Ashwini Vaishnaw
IT Minister Ashwini Vaishnav The minister noted that technology had ushered a clear convergence of computing, communication and sensors, with a reduction in cost, and a phenomenal increase in capabilities and complexities. "All three have combined together…we have a...
Swiss Re PARTNERS Baidu for risk expertise and insurance innovation in autonomous driving
Andrea Keller, Head of Automotive & Mobility Solutions at Swiss Re, said: “Together with our partner Baidu, we analyse how automated cars perceive their surroundings and how they process that information and respond to it. Our goal is to understand how such...
India could bar transactions in crypto, permit holding as assets
India's Prime Minister Narendra Modi last week chaired a meeting to discuss the future of cryptocurrencies amid concerns that unregulated crypto markets could become avenues for money laundering and terror financing, sources had said on Saturday. MUMBAI: India is...