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Scammers creating 1,000 phishing domains a day, celebs deepfake videos
The cyber security firm said that by leveraging its deepfake...
Per capita income in India to increase by at least $2,000 in 5 years: FM Sitharaman
Nirmala Sitharaman, Union Finance Minister "India finds itself amid...
Sitharaman may announce the merger of 3 PSU gen insurers in Budget 2020
“Though, the roadmap for the merger of the three companies are yet to be made public by the ministry of finance(MoF), it seems, it will be announced in the next week Budget. The actual process of merger may take one year after the Budgetary announcement on Feb 1,’’ said MoF sources adding that the way, MoF sought approvals of the boards of three companies hurriedly, indicate some major announcement about the merger in the Budget 2020.
Epidemics and equities: What the coronavirous means for markets
For global corporations, Wuhan is an important hub. Of about 2,000 cities in China with factories and other facilities in Bloomberg’s supply chain database, the city ranks 13th, with about 500 facilities. The province of Hubei has 1,016, making it seventh of 32 such jurisdictions. US-based companies have 44 facilities there, and European ones about 40, the data show. Many plants are in the auto and transportation industries, and big names include PepsiCo Inc. and Siemens AG.
Saudi prince may have sent spyware via Whatsapp to hack Bezos’ phone: Probe
The technical experts hired by Bezos concluded “with medium to high confidence that Bezos’ iPhone was compromised via malware sent from a WhatsApp account used by Saudi Crown Prince Mohamed bin Salman,” said the report by FTI Consulting, first reported by the online news site Vice.
Real-time payments platforms have increased fraud losses for 4 out of 5 APAC Banks:Survey
“While the convenience of real-time payments is great news for customers, increasingly, banks have zero time to clear a transaction or payment. AI can’t slow down the clock, but it can help create systems that are radically quicker to recognize a transaction that smells likely to be fraudulent,” said Dan McConaghy, president of FICO in Asia Pacific.
“Banks will need to move beyond passwords and OTPs and add biometrics, device telemetry and customer behavior analytics to keep up with the changing payments landscape,” he said.
Hopeful all countries will come together on AI regulations: Sundar Pichai
Pichai added he is clear-eyed about the risks of technology, but the risk of AI is failing to work on it, because it can affect billions of people
Ransomware exposure driving up cyber insurance costs
Cyber-insurance premiums started rising 5% to 25% late last year, said Robert Parisi, U.S. cyber product leader at Marsh & McLennan Companies Inc.
IBM calls for rules to curb bias in Artificial Intelligence
The European Union is considering new, legally binding requirements for developers of artificial intelligence to ensure the technology is developed and used in an ethical way. IBM advised a European committee of academics, experts and executives that recommended avoiding unnecessarily prescriptive rules.
EU privacy regulators expected to raise fines under GDPR data protection rules
Regulators in France, Germany and Austria levied the biggest fines so far, while the Netherlands, Germany and the U.K. topped the list for the number of data breaches notified to their authorities, the survey by law firm DLA Piper found. France’s data protection commission, the CNIL, last January slapped Google with a 50 million-euro fine over transparency, information and consent failures.
Boeing 737 MAX: Company finds ‘new minor’ software glitch in grounded aircraft
Boeing is rewriting software that played a role in crashes five months apart in Indonesia and Ethiopia that killed 346 people and led regulators to ground the plane worldwide in March 2019.
India plans new law to protect foreign investment – sources
The latest example of a contract wrangle is a dispute between the Andhra Pradesh state government in southern India and renewable energy companies. The state has been curtailing power procurement from the companies, citing high prices, and has pushed to renegotiate its supply contracts with them.