The BIS will oversee the implementation of these orders, and the...
Category:
Risk Management
Latest
GST Council to soon take decision on rates, number of slabs: FM Sitharaman
"For me, it was also important that we don't lose an opportunity,...
Nearly four lakh chickens perish in Andhra samples sent to ascertain cause
According to the animal husbandry official, usually, this...
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.
3.1 million external attacks on Cloud user accounts in Q4 2020: McAfee report
“Ransomware and malware targeting vulnerabilities in work-related apps and processes were active and remain dangerous threats capable of taking over networks and data, while costing millions in assets and recovery costs,” Samani added.
Malware was the most reported cause of security incidents in Q4, followed by account hijackings, targeted attacks and vulnerabilities.
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.