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Europe asks airlines to steer clear of Russia Airspace after Azeri plane crash
In 2024, commercial aviation suffered its deadliest year since 2018...
South Korea jet crash puts fast-growing Jeju Air’s safety under scrutiny
Authorities have suggested a bird strike contributed to the...
German regulator acts to halt ‘illegal’ WhatsApp data collection
The regulator in the city-state of Hamburg said that it had opened emergency proceedings against Facebook after WhatsApp earlier this year informed users that they would need to consent to new data terms or stop using the service.
“We have reason to believe that the data sharing policy between WhatsApp and Facebook is being impermissibly enforced due to the lack of voluntary and informed consent,” said Hamburg’s data protection officer Johannes Caspar.
Cybersecurity needs multi-faceted solution, role of tech cos crucial: Microsoft
”It (cybersecurity) is an extraordinarily important issue…I think the recent spate of cybersecurity attacks underscored that even more clearly. I think the solution has to be mult-ifaceted…(as a tech company) we have to ask ourselves how can we change our practices, how can we make our software and our services more secure and what more can we do to help customers around the world,” he said during Raisina Dialogue.
Malware attacks on mobile devices in India jumped in Oct 2020-Mar 2021 period: Report
”Cyber criminals are continuing to evolve and adapt their techniques to exploit our growing reliance on mobiles. Enterprises need to adopt mobile security solutions which seamlessly protect devices from today’s advanced cyber threats, and users should be careful to use only apps from official app stores to minimise their risk,” Neatsun Ziv, VP Threat Prevention at Check Point Software, said.
Flexible working is more than just a laptop at Home, Survey says
Almost all organizations polled said they are planning for a future involving hybrid work — split between home and office locations — though just 36% are redesigning job roles with more flexibility in mind. Without more targeted support, parents and carers in particular risk erasing the boundaries between work and home life and seeing their workload increase, the survey said.
Fed chair says cyberattacks main risk to US economy
Powell stressed that the Federal Reserve was considering different types of scenarios: “There are scenarios in which a large payment utility, for example, breaks down and the payment system can’t work. Payments can’t be completed. There are scenarios in which a large financial institution would lose the ability to track the payments that it’s making and things like that,” he said.
Niti Aayog to launch online dispute resolution handbook
A Niti Aayog release said that ODR is the resolution of disputes outside courts, particularly of small and medium-value cases, using digital technology and techniques of alternate dispute resolution (ADR), such as negotiation, mediation, and arbitration.
Container backlog, global supply chain disruption from Suez Canal crisis could take months to clear
“The blockage of the Suez Canal will increase the negative impact on global supply chains in the coming weeks, as the availability of empty equipment, particularly in Asia and Europe, will be affected,” Reiner Heiken, chief executive of U.S. headquartered Hellmann Worldwide Logistics, told Reuters.
UK launches new watchdog to keep tech giants in check
“Today is a major milestone in the path to creating the world’s most competitive online markets, with consumers, entrepreneurs and content publishers at their heart,” said UK Digital Secretary Oliver Dowden.
“The Digital Markets Unit has launched and I’ve asked it to begin by looking at the relationships between platforms and content providers, and platforms and digital advertisers. This will pave the way for the development of new digital services and lower prices, give consumers more choice and control over their data, and support our news industry, which is vital to freedom of expression and our democratic values,” he said.
Reinsurers set to bear brunt of costs for Suez Canal grounding
The UK Club will cover the first $10 million of P&I losses.
Beyond that, the wider pool of P&I insurers will cover up to $100 million, at which point reinsurers such as Lloyd’s of London step in for up to $2.1 billion of claims. P&I insurers would contribute for part of a further $1 billion of cover.
Australia regulator proposes exposure limits of life insurers to offshore reinsurers
“The recent growth in life insurers placing business with offshore reinsurers has been a prudential concern, as APRA does not have regulatory authority over these reinsurers,” the regulator’s Deputy Chair Helen Rowell said.