Category:

Risk Management

Hackers offer decrypt key to Irish Health Service with a catch

While seeming to offer an olive branch — sharing a link to download the decryption key — the group reiterated its threats to disclose patient data unless Irish authorities paid the $20 million ransom demand.

“We are providing the decryption tool for your network for free,” the hackers said in the message posted on Thursday, which was reviewed by Bloomberg News. “But you should understand that we will sell or publish a lot of private data if you will not connect us and try to resolve the situation.”

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How long do Covid-19 vaccine protections last? Science can’t say for sure

The gap in knowledge and testing raises the prospect of heightened anxiety in the coming months for vaccine recipients wondering if they’re still protected — anxiety that could curb willingness to venture out in public. That in turn could put a renewed drag on the global economic recovery.
Scientists are racing to figure out the so-called correlates of protection against Covid; in other words, which test results assure immunity.

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Supreme Court allows personal bankruptcy cases on tycoons

The federal government in 2019 introduced the law that allowed lenders to file parallel bankruptcies against defaulting firms and the individuals who guaranteed those loans.

Lenders last year filed bankruptcy cases against businessmen including Reliance Group’s Anil Ambani, Dewan Housing Finance Corp Ltd.’s Kapil Wadhawan and Bhushan Power & Steel Ltd.’s Sanjay Singal. The cases were halted on appeals filed in higher courts.

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Bombay High tragedy: Barge Master, others charged with culpable homicide

The development came two days after the police launched its probe based on an accident death report to ascertain why the barge allegedly failed to adhere to safety norms despite warnings of the impending Cyclone Tauktae which wreaked havoc on the country’s west coast last Sunday onwards.

Besides culpable homicide not amounting to murder, the barge Master and others are also charged with common intentions, negligent acts causing hurt to others, etc., said Mumbai Police Spokesperson and Deputy Commissioner of Police S. Chaitanya.

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Upstream Security raises $36M from Mitsui Sumitomo Insurance to disrupt the telematics insurance space

The strategic partnership with MSI will help revolutionize the car insurance industry, allowing insurance companies to use connected vehicle data to gain meaningful insights for various insurance-related areas including improved risk management and enhanced customer experience.

The rapid growth of the connected car ecosystem has brought along with it an increased interest in telematics-based services. Upstream’s cloud-based mobility data platform expands MSI’s data analytics capabilities and enables MSI to provide additional risk-related services based on driver usage and behavior.

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