"While such practices may yield short-term gains, they ultimately...
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DFC provides $50 million in new political risk insurance to expand War Insurance for Ukraine business
The facility will create a portfolio of war risk insurance policies...
Lloyd’s revamps its data, operations and change departments, opts for outsourcing
Lloyd’s oversees a market of nearly 50,000 underwriters and brokers...
Microsoft most imitated brand by hackers in Q3 2020: Report
In a brand phishing attack, criminals try to imitate the official website of a well-known brand by using a similar domain name or URL and web-page design to the genuine site.
The link to the fake website can be sent to targeted individuals by email or text message, a user can be redirected during web browsing, or it may be triggered from a fraudulent mobile application.
Russians who pose threat to US elections have hacked nuclear plants and power grid
In other attacks, it has hijacked the software updates for computers attached to industrial control systems. It has also blasted targets with phishing emails in search of employees, or co-workers, who might have access to critical systems at water, power and nuclear plants.
Apple fixes 6 malicious apps posing as Adobe Flash installers
Cyber criminals managed to pass malicious apps through the Apple app “notarization” process for the second time this year, reports ZDNet.
The six new notarised apps posed as Flash installers.
Once installed, the apps would download and install the OSX/MacOffers adware.
OSX/MacOffers is known for modifying the search engine in the victim’s browser.
The six malicious apps have now been de-notarised by Apple.
South Korea urges people to get flu vaccinations despite death tolls
“Vaccination offers far greater benefits compared to side effects, and both the WHO and domestic and overseas experts agree,” Health Minister Park Neung-hoo told a briefing on Sunday, in a reference to the World Health Organization.
Last year, more than 1,500 elderly people died within seven days of receiving flu vaccines, but those deaths were not linked to the vaccinations, the government said.
As South Korea presses on with its inoculations, southeast Asia’s tiny city state of Singapore became one of the first nations this week to call a temporary halt to the use of two influenza vaccines, as a precaution.
Blaze at Mumbai mall doused after 56 hours
“It was a level-5 (massive) blaze and was doused around 5 am on Sunday,” a fire brigade official said.
Over 3,500 people from an adjacent residential high- rise were evacuated as a precautionary measure
Earlier this month, a blaze at a cutlery market in south Mumbai took almost 45 hours to be extinguished.
Swiss Re raises $ 775 mn Cat bond for California Earthquake Authority, to protect Californians against earthquakes
“Swiss Re’s mission as a company is to make the world more resilient. We’re delighted to partner with CEA which has been helping to protect Californians from the financial consequences of earthquakes for almost 25 years,“ said Jonathan Isherwood, Swiss Re’s CEO Reinsurance Americas and Regional President.
“Only around 13% of Californians who purchase residential insurance also have earthquake protection. It’s not a matter of if, but when, the next one strikes. This transaction supports CEA’s ability to extend financial protection to a greater number of California residents who are highly exposed to earthquakes.“
India’s data protection law has potential to propel digital economy: Facebook
The parliamentary panel on Friday quizzed social media giant Facebook about the quantum of their revenue, profit and tax payouts in India and asked what portion of their earnings were being used for data security in the country, sources said.
Global dirty money watchdog revamps rules to battle weapons financing – U.S.
“The collaboration of the Financial Action Task Force is vital to addressing global illicit financial activity, including fraud associated with the COVID-19 pandemic, proliferation financing risk, and other (anti-money laundering and counterterrorist) priorities,” U.S. Treasury Secretary Steven Mnuchin said in a statement.
NGT slams Centre over inadequate measures to prevent wastage of groundwater
“Overriding environmental law principle of ‘Polluter Pays’ must be invoked by all the regulators to ensure that wastage of water is not profitable and cost of such wastage is recovered which is necessary for restoration of the environment without merely limiting to statutory changes which are no substitute to ‘Polluter Pays’ principle,” the bench said.
No foolproof anonymity: Justice Srikrishna on data protection
“What is thought to be anonymous can be de-anonymised tomorrow. Therefore, there is no foolproof anonymity. All that law can say is take it as anonymous, if you do de-anonymity, identify the person, then you will be answerable to the law,” Justice Srikrishna said at a FICCI event.
The draft of the personal data protection bill, approved by the Cabinet in December 2019, proposes a penalty of up to Rs 15 crore and up to three-year jail term for company executives for violating privacy norms.