The panel also said climate catastrophe and the resulting severity...
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93% of Indian executives anticipate a cyber budget increase next year: PwC
Cloud-related threats remain the foremost worry, cited by 55% of...
NGT seeks response from states on Arsenic fluoride in groundwater and tree cover loss
The NGT had earlier sought the response of various states and union...
Banks need to hire chief risk officers to deal with cybercrimes: Deloitte
“…these (cyber) attacks are becoming complex day by day. To address these challenges, banks need to appoint experienced Chief Risk Officers who can take the responsibility of skilling the employees and lead investment in military-grade cybersecurity solutions to detect the most advanced attacks,” said the Deloitte report on “Digitizing the post COVID world: The ‘3I’ approach”.
Foreign funds colonising Indian startups: Naukri.com founder Bikhchandani
Internet entrepreneur Sanjeev Bikhchandani says an estimated Rs 17 trillion of market cap has been transferred abroad after young Indian start-ups were forced to shift their company domicile overseas by foreign investors promising the funds they need for growth.
“Shades of the East India Company type of situation here – Indian market, Indian customers, Indian developers, Indian workforce. However 100% foreign ownership, foreign investors. IP and data transferred overseas. Transfer pricing issues foggy,” Internet entrepreneur Sanjeev Bikhchandani tweeted.
4 of 5 cyclones this year were in severe cyclonic storms category and above
India Meteorological Department (IMD) Director General Mrutunjay Mohapatra said since 1990 four cyclones have formed every year in the seas along the eastern and western coasts (Bay of Bengal and Arabian Sea) of the country.
“It is normal to have five cyclones a year,” he said.
WHO looks at possible ‘e-vaccination certificates’ for travel
“We are looking very closely into the use of technology in this COVID-19 response, one of them how we can work with member states toward an e-vaccination certificate,” said Siddhartha Datta, Europe’s WHO programme manager for vaccine-preventable diseases, told reporters on a call from Copenhagen.
Millions of bad bots attacks on e-commerce sites detected
Cybercriminals have been using different ways to spoof good “User-Agents” to conduct the attacks.
With the holiday shopping season expected to continue in full swing till the New Year, e-commerce teams should start taking necessary steps to safeguard their applications against bad bots, Barracuda Networks said
Pandemic,Cyber-attack and Data Fraud remain top risk concerns for India Inc:Marsh/RIMs Study
“Cyber attacks, fraud, weather-related risks and, even, pandemics, have long been identified and prioritized by risk professionals.However, risk professionals’ work must go beyond identifying the impacts of these uncertainties. It is incumbent upon us to highlight opportunities and solutions that support shifts in strategy, strengthen organizational resilience and empower business leaders to make strategic-decisions with confidence. We are proud to present these findings with Marsh and provide the global risk management community with the insight to help elevate their programs.”said Laura Langone,President, RIMS 2020
Inigo Insurance Group to start underwriting at Lloyd’s in January
“The Lloyd’s market promises to be an exciting place in 2021 and I am delighted we are going to be a part of it. This is a great opportunity to build a highly focused business, which attracts good underwriters and gives them the freedom, and the tools to succeed,” he added.
Automakers unveil proposals to speed U.S. self-driving deployment
Self-driving cars suffered a major setback after the March 2018 death of a pedestrian in a crash with an Uber test vehicle, the first attributed to a self-driving car. The National Transportation Safety Board said in the Uber crash review that U.S. regulators should ensure automated vehicles have appropriate safeguards.
30 named storms: Record Hurricane Season in US comes to a close
The season also saw the second-highest number of hurricanes on record after 13 of the storms reached hurricane status. There were six major hurricanes with top winds of 111 mph (178 kph) or greater. NOAA said an average season has 12 named storms, six hurricanes and three become major hurricanes.
Hackers target groups in COVID-19 vaccine distribution, says IBM
IBM’s cybersecurity unit said it had detected an advanced group of hackers working to gather information about different aspects of the cold chain, using meticulously crafted booby-trapped emails sent in the name of an executive with Haier Biomedical, a Chinese cold chain provider that specializes in vaccine transport and biological sample storage.