Rob Leonardi, Regional Officer, Generali Asia, said: “India has...
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Munich Re promotes Parametric solutions for Cat losses in India
An one day event on ``Disaster Risk Transfer and Financing...
RBI Guv asks banks to have robust systems to curb digital frauds
Sanjay Malhotra,Governor,RBI While dwelling upon IT risk management...
At least six dead in Mumbai hospital fire
More than 70 patients with COVID-19 infections in the private hospital, on the third floor of the mall, were evacuated to other centers, local civic officials said, adding that the cause of the fire was being investigated.
Chola MS Risk Services partners with Denxpert EHS&S Software to Launch regulatory software backed by EU
Denxpert Legal is a digital tool for regulatory mapping and assurance in matters pertaining to Environment Health and Safety. This solution will help industries comply with legal regulations at both facility and the corporate level.This program has been supported by the European Union under an innovation program called ‘Innowwide’ that involves a stringent selection process.
Software vendors would have to disclose breaches to U.S. govt users under new draft order: Report
The proposed order would adopt measures long sought by security experts, including requiring multi-factor authentication and encryption of data inside federal agencies.
The order would impose additional rules on programs deemed critical, such as requiring a “software bill of materials” that spells out what is inside. An increasing amount of software activates other programs, expanding the risk of hidden vulnerabilities.
HDFC Bank, SBI, others not adhering to norms on bulk SMSes, says Trai
“As sufficient opportunity has been given to principal entities/ telemarketers to comply with the regulatory requirements and that the consumers cannot be deprived of the benefits of the regulatory provisions any further, therefore it has been decided that from April 1, 2021, any message failing in the scrubbing process due to non-compliance of regulatory requirements will be rejected” by the system, TRAI said in a statement.
TRAI’s norms for commercial messages, based on blockchain technology, aim to curb unsolicited and fraudulent messages.
Dark Web offers fake Covid results, vax certificates starting from Rs 1,800
“Multiple vaccine variants are also available for sale: AstraZeneca, Sputnik, SINOPHARM and Johnson & Johnson, with prices ranging between US$ 500 and US$ 1000 per dose,” the report noted.
Phasing out coal for power holds key to India’s net-zero goal by 2050
The nation will need to progressively reduce coal’s share in electricity generation, currently at about 65%, and remove it altogether by 2050, according to the report published by The Energy and Resources Institute, a New Delhi-based think-tank, and Royal Dutch Shell Plc.
India antitrust watchdog orders probe into WhatsApp’s new privacy policy
The Competition Commission of India (CCI) said WhatsApp had violated competition laws “through its exploitative and exclusionary conduct … in the garb of policy update.”
Companies need to prepare for more political disturbances and violence ahead: Allianz
Causing physical damage, business interruption or loss of revenues, civil unrest incidents are becoming a more significant risk for companies in the current environment, as reflected in the findings of the Allianz Risk Barometer 2021.”Civil unrest has soared, driven by protests on issues ranging from economic hardship to police brutality which have affected citizens around the world. And the impact of the Covid-19 pandemic is making things worse – with little sign of an end to the economic downturn in sight, the number of protests is likely to continue climbing.”
UK proposes requiring businesses to disclose climate risks by 2022
Under the TCFD’s(Task Force on Climate-related Financial Disclosure ) recommendations, companies are urged to disclose the actual and potential impacts of climate change on their business, as well as explain how they identify and manage such risks and opportunities.A move to make such disclosure mandatory in Britain is seen as a big step towards a new set of global standards.The ministry said it was backing a move by the IFRS Foundation, which writes global accounting rules, to develop international sustainability-related reporting standards.
Sebi tightens rules for exchange disruptions
SEBI also said on Monday it had asked the NSE to identify those responsible for the failure within 21 days and to determine why it did not move to a backup swifter.
Brokers and traders criticised the NSE sharply for not communicating well enough during last month’s outage, which they said caused losses for some investors.
The outage was the second major one for the NSE in recent years after a five-hour shutdown in 2017 due to a software problem.