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Elon Musk’s X sues Centre over alleged Censorship, IT Act Violations
'X' (formerly Twitter) raised concerns over the Centre's...
Rana Daggubati, Prakash Raj booked for promoting betting apps
The complainant accused the celebrities and the influencers of...
Biogen Alzheimer’s drug hits roadblocks with some hospitals, insurers
Several Blue Cross Blue Shield health insurance plans, including those in Michigan, North Carolina and Pennsylvania, have said there is insufficient evidence of Aduhelm’s benefit for patients and they will not provide coverage for the drug.
Biogen said in a statement that the several Blues plans’ “characterization of Aduhelm as experimental and investigational is inaccurate and misleading.”
U.S. launches online hub to help ransomware victims
The new website, www.StopRansomware.gov, is an initiative led by the Justice and Homeland Security departments.
The launch of the new website and the $10 million reward come on the heels of a ransomware attack earlier this year against the Colonial Pipeline Co. that led to widespread shortages at gas stations along the East Coast of the United States. The Justice Department was later able to help Colonial Pipeline recover some $2.3 million in cryptocurrency ransom it paid to hackers.
About $350 million in ransom was paid to cyber criminals in 2020, a more than 300% increase from the previous year, the department said.
Work from home fueling cyberattacks, says global financial watchdog
“Most cyber frameworks did not envisage a scenario of near-universal remote working and the exploitation of such a situation by cyber threat actors,” the FSB said in a report to G20 ministers and central banks.The report is a first take on lessons learned from the pandemic’s impact on financial stability.
Consent of most shareholders needed for shutting down debt schemes: SC
The apex court’s judgement came on pleas, including the appeal filed by Franklin Templeton, against the Karnataka High Court order restraining the company from winding up its six of mutual fund (MF) schemes without obtaining the consent of its investors by a simple majority.
FACTBOX-How Big Tech is faring against U.S. lawsuits and probes
The U.S. Justice Department sued Google in October, accusing the $1 trillion company of illegally using its market muscle to hobble rivals. A trial date was set for Sept. 12, 2023. A lawsuit by 38 U.S. states and territories accuses Google of abusing its market power to try to make its search engine as dominant inside cars, TVs and speakers as it is in phones. This was consolidated with the federal lawsuit for purposes of discovery.
IAEA breaks ground for new facility to help countries tackle nuclear terrorism
The Centre will provide more than 2000 square meters of specialized technical infrastructure and equipment. Hands-on training will be conducted on demonstration systems and virtual reality environments. These platforms will emulate security systems used at nuclear power plants, research reactors and border crossings.
Participants will practice procedures on access and alarm controls, inspect physical protection systems, better understand computer security risks, and learn how to sweep an area for radioactive material during major public events, among other activities. Exercises at the training centre will also strengthen capabilities in radiological crime scene management and nuclear forensics.
Strong rise in political risk globally:Coface Political Risk Index
Inflationary risks have been in the news in recent months. In this context, the annual update of the Coface Political Risk Index shows a strong rise in political risk across the world, and particularly in the emerging countries. Indeed, figures show a deterioration in living standards and purchasing power, as well as a rise in inequalities observed following the COVID-19 crisis. At this stage, these conditions are not necessarily leading to popular uprisings, which remain limited by people’s capacity to mobilise.
Risk Control 2030: A look at the future and reflections of the past
Considering climate change, pandemic identification and control, years of environmental abuse, and rapidly increasing chemical development, the safety professional is ensured a prominent position in the future world.
Amazon sued by US product-safety agency over selling defective items
“Customer safety is a top priority and we take prompt action to protect customers when we are aware of a safety concern,” Amazon spokesperson Mary Kate McCarthy said in a statement in response to the CPSC’s complaint.
India bans Mastercard from issuing new cards in data storage row
In a notification, the RBI said Mastercard had not complied with data storage rules from 2018 that require foreign card networks to store Indian payments data “only in India” so the regulator can have “unfettered supervisory access”.