An extremely hot Mediterranean and warmer air temperatures...
Category:
Risk Management
Latest
Companies are dropping the D or E from DEI to avoid legal risks
Companies such as Toyota Motor Corp. and Ford Motor Co. have...
Global insured cat losses to exceed $102 billion: Aon
The report highlights that insured losses from primary perils...
Security beefed up near Taj Mahal Palace, Hotel Colaba After bomb threat from Pakistan
The official told that Mumbai police are on high alert after Monday’s Karachi exchange terror attack and as part of the enhanced anti-terror measures, security outside the hotel and other vital installations has been increased.
Car crashes deadlier as drivers speed during lockdowns:Study
-Police in New York said they were aware of the increased speeds and had deployed additional patrols. Data from traffic analytics company INRIX shows speeds in New York City increased 44% from 28 miles (45 km) per hour in April last year to 41 miles (66 km) per hour this April.
– Speeding offenses increased 187% in London during the lockdown compared to the same period a year ago, Cox said, but extreme speeding offenses increased even more — by 236%.
– Despite the overall drop in collisions and fatalities, the fatality rate among crashes was 70% higher in France.
Brazil political risk looms large again over markets
“Markets are starting to look at the politics again,” said Alexandre Song, partner at Macro Capital, a hedge fund in Sao Paulo.
“The price action hasn’t been too dramatic so far, but it is deteriorating. It feels like markets are partying next to a live volcano, and there’s smoke coming out,” he said.
Floods in India’s Assam force a million from their homes
Torrential rain hit at least 23 of Assam’s 33 districts and the federal water resources body said water levels in the Brahmaputra were expected to rise, with more rain forecast over the next three days.Assam, famous for its tea plantations, is hit by seasonal flooding each year, forcing state and federal governments to spend millions of rupees on flood control
India bans 59 apps including TikTok,WeChat on security concerns
The Indian Cyber Crime Coordination Centre, Ministry of Home Affairs, has also sent an exhaustive recommendation for blocking these malicious apps, the statement said, adding that there has been a strong chorus in the public space to take strict action against apps that harm India”s sovereignty as well as the privacy of citizens.
Mild to medium colour blind people can now obtain driving licence
The Ministry of Road Transport and Highways has been taking many measures to enable ”divyangjan” citizens to avail transport-related services and especially relating to the obtaining of the driving licence, it said.
Chinese tax software’s hidden malware endangers networks of western countries
A state-owned bank in China had required the tech company to download software called Intelligent Tax to facilitate the filing of local taxes. The tax software worked as advertised, but it also installed a hidden back door that could give hackers remote command and control of the company’s network, according to a report published Thursday by the SpiderLabs team at Chicago-based Trustwave Holdings Inc. (The cybersecurity firm declined to identify the bank)
Locusts reach national capital outskirts; south, west Delhi on high alert
In May, India battled a devastating desert locust outbreak. The crop-destroying swarms first attacked Rajasthan and then spread to Punjab, Gujarat, Maharashtra and Madhya Pradesh.
According to experts, broadly four species of locusts are found in India — desert locust, migratory locust, Bombay locust and tree locust. The desert locust is considered the most destructive.
It multiplies very rapidly and is capable of covering 150 kilometers in a day.
Pakistan pilot licence irregularities are ‘serious lapse’ – IATA
“We are following reports from Pakistan regarding fake pilot licences, which are concerning and represent a serious lapse in the licensing and safety oversight by the aviation regulator,” an IATA spokesman said, adding that the organisation was seeking more information.
Pakistan’s civil aviation authority has found that some 150 of PIA’s 434 pilots have “dubious licences”, the airline said.
ICICI Lombard’s new retail cyber cover to insure financial or reputation losses upto Rs1cr
The policy can be purchased at an affordable rate by all digitally active individuals. The premium ranges from Rs 6.5 per day to Rs 65 per day. The Sum Insured for the cover ranges from Rs 50,000 to Rs 10,000,000 as opted by the policyholder. The policy provides coverage to the entire family, including children for a duration of 1 year.