Category:

Risk Management

Top $5 trillion investor group pushes firms to cut out thermal coal

In a report seen by Reuters ahead of its release on Monday, the alliance said all companies owned by the group needed to develop their own plans to transition away from thermal coal.

“If no long-term carbon footprint reduction can be produced the members will need to escalate and ultimately divest,” Günther Thallinger, Member of the Board of Management, Investment Management, Environmental, Social and Governance (ESG) at Allianz, said.

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IIT study cites risk of plastic contamination in drinking tea from disposable paper cups

“Our research has confirmed contamination of the hot liquid served in paper cups due to the degradation of microplastics and other hazardous components from the lining material of the cup. Paper cups are usually lined by a thin layer of hydrophobic film which is made of mostly plastic (polyethylene) and sometimes co-polymers to hold the liquid in the paper cup. Within 15 minutes this microplastic layer degrades as a reaction to hot water, ” said Sudha Goel, Associate Professor at IIT Kharagpur

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Bigbasket faces potential data breach; details of 2 crore users put on sale on dark web

The only customer data that we maintain are email IDs, phone numbers, order details, and addresses so these are the details that could potentially have been accessed. We have a robust information security framework that employs best-in-class resources and technologies to manage our information. We will continue to proactively engage with best-in-class information security experts to strengthen this further,” Bigbasket said.

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Parliamentary panel seeks info from app companies on data breach check protocols

The Parliamentary panel asked companies about what data they collect from users and where they store it.

The committee has earlier expressed concerns over data breach by social media platforms and mobile application based companies.

The companies said that they localise data which in turn reduces response time and helps them offering better services. They said that data is stored in countries where they operate.

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Hackers stole source code from govt agencies, private firms: FBI

The FBI alert warned the owners of SonarQube, a web-based application that companies integrate into their software build chains to test source code and discover security flaws before rolling out code and applications into production environments.

The actors exploit known configuration vulnerabilities, allowing them to gain access to proprietary code, exfiltrate it and post the data publicly.

The FBI has identified multiple potential computer intrusions that correlate to leaks associated with SonarQube configuration vulnerabilities.

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Global uncertainty could risk World War Three – UK military chief

“I think we are living at a moment in time where the world is a very uncertain and anxious place and of course, the dynamic of global competition is a feature of our lives as well, and I think the real risk we have with quite a lot of the regional conflicts that are gong on at the moment, is you could see escalation lead to miscalculation,” Carter told Sky News.

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Pak airlines may be banned from flying to 188 countries over pilots issue

Due to the licence scam, flag carrier Pakistan International Airlines (PIA) has already been barred from flying to the UK and the European Union, The Express Tribune report said.

The scam cam to light after Ghulam Sarwar Khan, the Federal Minister for Aviation, had revealed in August that 262 pilots including 141 of the PIA held fake credentials.

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