Higher war risk insurance premiums, paid when vessels sail through...
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HC quashes case against youth for riding bike without helmet, licence; orders community service
The FIR was registered on October 21, 2017, after the man, who was...
Maha minister admits irregularities in crop insurance scheme, says shrines shown as farmlands
Maharashtra Agriculture Minister Manikrao Kokate disclosed that...
Covid-19 will leave deep scars in world economy even after recovery
While $26 trillion worth of crisis support and the arrival of vaccines have fueled a faster recovery than many anticipated, the legacies of stunted education, the destruction of jobs, war-era levels of debt and widening inequalities between races, genders, generations and geographies will leave lasting scars, most of them in the poorest nations.
Second Covid wave could spark greater economic uncertainty: Niti Aayog VC
“Apart from their direct impact on some sectors like the services sector, the second wave will increase the uncertainty in the economic environment which can have wider indirect effects on economic activities. So, we need to prepare for greater uncertainty, both in consumer and investor sentiments,” Kumar told PTI.
Fears of vaccine exclusion as India uses digital ID, facial recognition
But a requirement to register for appointments on a mobile app using Aadhaar is excluding millions of people who do not have an Aadhaar ID, said Anushka Jain, an associate counsel at the Internet Freedom Foundation in Delhi.
Using facial recognition at vaccine centres risks further marginalising vulnerable people who may be misidentified and refused the vaccine, and raises fears the controversial technology could become the norm at all centres, she added.
Customer privacy, data protection non-negotiable: RBI deputy governor
“We must generate trust amongst the customers that their data is safe and secure in all their financial relationships with regulated entities and for that – innovation and regulation should go hand-in-hand,” he said while speaking at a webinar on Open Banking organised by Tata Consultancy Services (TCS) in association with the Embassy of India in Brazil on April 14. RBI posted the speech on Friday.
How the Kremlin provides a safe harbor for ransomware
On Thursday, as the U.S. slapped sanctions on Russia for malign activities including state-backed hacking, the Treasury Department said Russian intelligence has enabled ransomware attacks by cultivating and co-opting criminal hackers and giving them safe harbor. With ransomware damages now well into the tens of billions of dollars, former British intelligence cyber chief Marcus Willett recently deemed the scourge “arguably more strategically damaging than state cyber-spying.”
White House blames Russian spy agency SVR for SolarWinds hack: statement
While some national security experts say the SolarWinds hacking operation could be viewed as a traditional espionage activity that is not uncommon between government hackers, the Treasury Department in its statement said the “scope and scale of this compromise combined with Russia’s history of carrying out reckless and disruptive cyber operations makes it a national security concern.”
The British want to clean up outer space
John Auburn, Astroscale’s managing director and group chief commercial officer in the UK, says that not only could this make space safer, but it could also reinvigorate his country’s space sector. “What the UK industry is pushing now is a complete end-to-end debris removal mission,” he says. “This would be the ultimate post-Brexit space mission.”
EU set to ban surveillance, start fines under new AI rules
As artificial intelligence has started to penetrate every part of society, from shopping suggestions and voice assistants to decisions around hiring, insurance and law enforcement, the EU wants to ensure technology deployed in Europe is transparent, has human oversight and meets its high standards for user privacy.
Lloyd’s Lab announces its sixth cohort with a focus on product simplification and climate
For the sixth cohort, the InsurTech start-ups have been selected based on solutions geared towards four key themes: climate change and decarbonisation; geopolitics; data and models; and claims support services. The teams will explore how they can support Lloyd’s customers around the world by creating simpler products capable of responding quickly in the aftermath of a disaster.
Airlines middle seats citedas Covid risk with crucial caveats
The risk of coming in contact with the virus dropped by 23% to 57% if airlines limited passenger loads on both single-aisle and widebody jets, compared to full occupancy, according to research released by the Centers for Disease Control and Prevention on Wednesday.