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Crops in 1.8 lakh ha damaged due to floods in AP Agri Min Shivraj Singh Chouhan
Shivraj Singh Chouhan,Union Agriculture Minister Chouhan, who is on...
Cybersecurity professionals limited, big challenge for future: SBI chief Setty
CS Setty,Chairman,SBI "But we also feel that the professional...
Multiple cyber attacks on Airbus suppliers; possible link to China: Report
Hackers have targeted British engine-maker Rolls-Royce and the French technology consultancy and supplier Expleo, as well as two other French contractors working for Airbus that AFP was unable to identify.
Boeing vows new safety panel, design changes in response to 737 Max crashes
Boeing’s reputation has been badly tarnished after its marquee 737 Max jets crashed twice within five months, prompting global regulators in March to ban flights.
Drone attacks strike major Saudi Aramco facility, oilfield
The plant has been targeted in the past by militants. Al-Qaida-claimed suicide bombers tried but failed to attack the oil complex in February 2006
Climate change tops list of world’s ‘extreme risks’
Tim Hodgson, Head of the Thinking Ahead Group, said: “Our extreme risks ranking has seen the emergence of a general trend with financial risks falling down the rankings and non-financial extreme risks growing in significance. Global temperature change becomes the highest ranked risk due to our assessment of higher likelihood coupled with significant impact – in the extreme this would mean mass extinction.
Google to pay $170 million fine for sharing YouTube kids data
“We will treat data from anyone watching children’s content on YouTube as coming from a child, regardless of the age of the user,” YouTube chief Susan Wojcicki said in a statement.
Willis Towers Watson launches innovative risk advisory service
John Merkovsky, Head of Risk and Analytics at Willis Towers Watson, added “’Today’s risk manager and CFO have only been able to view risk financing as individual transactions, compartmentalised by line of business. Connected Risk Intelligence is a combination of advanced modeling technology and our own optimisation expertise which will revolutionise the way organisations view risk management.
Global reinsurance market to see consolidation, product & service innovation:S&P
S&P Global Ratings believes that these factors will continue to push the sector to evolve, forcing market consolidation, product and service innovation, expansion of product offerings, and reimagining of the re/insurance value chain. Indeed the market may look different, but it could be a long time before the competitive landscape changes.
Fintech panel suggest legal framework to protect digital services consumers
The panel has also recommended that insurance companies and lending agencies be encouraged to use drone and remote sensing technology for crop area, damage and location assessments to support risk reduction in insurance/lending business.
Silent-cyber claims expectations decline across insurance lines and industry groups:Willis Re
Silent cyber risk refers to cyber losses which affect insurance policies that have not been specifically designed to respond to cyber incidents.
Amazon sued by publishers claiming audible text service violates copyright
The lawsuit was filed by seven members of the Association of American Publishers (AAP), including HarperCollins Publishers, Penguin Random House, Hachette Book Group, Simon & Schuster, and Macmillan Publishers.
“Essentially Audible wants to provide the text as well as the sound of books without the authorization of copyright holders, despite only having the right to sell audiobooks,” AAP said in a statement.