The technological transformation of National Consumer Helpline(NCH...
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Choose correct ITR to report foreign assets; 2 lakh such returns filed: CBDT official
The shares obtained and income earned by resident tax Indians from...
Pressure groups trying to use social media to affect outcome of cases: ex CJI Chandrachud
D Y Chandrachud, Former Chief Justice of India "Everybody,...
From romance scams to phantom PPE, banks battle coronavirus crimewave
In pandemic-related scams banks are hiring more staff to prevent and detect fraudulent transactions, forging closer ties with local and global law enforcement and launching public awareness campaigns, bankers and their advisors told Reuters
BAE Systems Applied Intelligence research suggests U.S. insurance fraud, where scammers seek to dupe insurers on costs incurred as a result of COVID-19 restrictions, has doubled in 2020, so far costing the industry $100 billion.
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Apple CEO calls for stricter corporate, government climate goals at U.N. summit
Cook did not call for specific goals during his remarks but disclosed that Apple is assisting 95 of its suppliers to transition to renewable energy, up from a figure of 70 disclosed in July. The iPhone maker earlier this year said it has become carbon-neutral for its corporate operations and set out plans to make its full supply chain and product lineup carbon-neutral by 2030.
Citi trial shows chain of gaffes leading to $900 million blunder
The trial is expected to shine a spotlight on one of the biggest and most embarrassing banking errors in recent memory — one that has already forced Citi to explain its mistake to federal regulators and tighten its internal controls. The case is being closely followed on Wall Street, especially in the syndicated loan industry. A trade group has argued that a win for the creditors could expose banks that facilitate wire transfers and serve as administrative agents to unnecessary risk.
Pfizer/BioNTech vaccine docs hacked from European Medicines Agency
Pfizer and BioNTech said documents relating to their vaccine candidate had been accessed, but that “no systems have been breached in connection with this incident.”
Cybercriminals have tried to attack several pharmaceutical companies developing vaccines including Johnson & Johnson, Novavax, AstraZeneca and South Korean laboratories, according to the Wall Street Journal.
Cyber attacks seen on coronavirus vaccine infrastructure: U.S. Senator Peters
“IBM recently released a very disturbing report detailing cyber attacks on COVID-19 vaccine distribution infrastructure,” Peters told a congressional hearing. “Just last month a cold-chain storage company also reported that they were the target of a cyber attack.”
Those vaccinated against Covid-19 may still need to wear masks
“A lot of people are thinking that once they get vaccinated, they’re not going to have to wear masks anymore,” said Michal Tal, an immunologist at Stanford University. “It’s really going to be critical for them to know if they have to keep wearing masks, because they could still be contagious.”
U.S. cybersecurity firm FireEye discloses breach, theft of internal hacking tools
The FireEye breach was disclosed in a blog post authored by CEO Kevin Mandia. The post said “red team tools” were stolen as part of a highly sophisticated, likely “nation-state” hacking operation. It is not clear exactly when the hack initially took place.
Cyber risk is new threat to financial stability: IMF
“Given strong financial and technological inter-connections, a successful attack on a major financial institution — or on a core system or service used by many — could quickly spread through the entire financial system, causing widespread disruption and loss of confidence.” said Jennifer Elliott and Nigel Jenkinson of IMF’s Monetary and Capital Markets Department
Antitrust lawsuits could force Facebook to sell Instagram and WhatsApp
The lawsuits are the biggest antitrust cases in a generation, comparable to the lawsuit against Microsoft Corp in 1998. The federal government eventually settled that case, but the yearslong court fight and extended antitrust scrutiny prevented the company from thwarting competitors and is credited with clearing the way for the explosive growth of the internet.
Aon report highlights a path toward “The New Better” in wake of COVID-19 Pandemic
Study shows global shift in attitudes of leading organizations toward long-tail risks and the impacts on how society will continue to work, travel and convene
More than 130 organizations across multiple industries and four continents in 10 cities participated in coalition meetings, sharing best practices and outlining new priorities to accelerate economic recovery