“While actual annual insured losses over the past five years have...
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Risk Management
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IRDAI approves take over of Aditya Birla Insurance Brokers by Edme
Rs 455 crore deal had got stuck for over 18 months as the IRDA had...
India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran
V Anantha Nageswaran, Chief Economic Advisor "Unprecedented levels...
Closing the infrastructure gap
Globally, there is a need to invest USD 69.4 trillion in infrastructure between 2017 and 2035, which amounts to USD3.7 trillion a year. Approximately USD43.7 trillion (63% of the global total) is required in emerging markets, with China and India alone accounting for USD 23.6 trillion (34%) and USD 5.6 trillion (8%) respectively.
Trade war uncertainty could cost global economy $585 billion
According to a report by Bloomberg Economics’ Dan Hanson, Jamie Rush and Tom Orlik, uncertainty over commerce could decrease world gross home product by 0.6% in 2021, relative to a situation with no commerce war. That’s double the direct impression of the tariffs themselves and the equal of $585 billion off the International Monetary Fund’s estimated world GDP of $97 trillion in 2021.
Being discreet won’t help: Hackers can intercept smartphone sound and detect what you type
“Based on what we found, I think smartphone makers are going to have to go back to the drawing board and make sure they are enhancing the privacy with which people have access to these sensors in a smartphone,” Eric C. Larson, assistant professor in SMU Lyle School’s Department of Computer Science
.
Major Bluetooth bug leaves devices vulnerable
As Engadget reports, the KNOB attack allows hackers to interfere with the Bluetooth pairing procedure by making the connection’s encryption key shorter than required. This makes it easier for hackers to intrude and spy on data shared between devices.
Walmart CEO calls for US Congress to debate assault weapons ban
McMillon also expressed support for stronger background checks and policies that would take weapons away from people who pose immediate danger. Walmart runs background checks on all gun purchases and only sells to customers who have cleared them, the company said.
Facebook warned its employees, not users, about 2018 breach, Lawsuit says
Judge William Alsup told Facebook in January he was willing to allow “bone-crushing discovery” in the case to uncover how much user data was stolen.
Nepal Government panel wants mount everest hikers to have experience, insurance
The government is expected to amend its mountaineering regulations following the recommendations.The March-May climbing season is when weather conditions are best for climbing the Himalayan mountain.
U.S. airline safety regulators ban select MacBook Pro laptops
his week, four airlines with cargo operations managed by Total Cargo Expertise — TUI Group Airlines, Thomas Cook Airlines, Air Italy, and Air Transat — implemented a ban, barring the laptops from being brought onto the carriers’ planes as cargo, according to an internal notice obtained by Bloomberg News.
Hong Kong plunging into ‘Panic and Chaos,’ says Leader, as protests continue
The protests, which China this week likened to terrorism, present President Xi Jinping with one of his biggest challenges since he came to power in 2012.
Car makers befriend hackers to learn about cyber vulnerabilities
“Carmakers have been discovering new issues with their traditional architectures thanks to white hat hackers, which highlighted security needs for carmakers and suppliers alike,” said Harel, who operated a station where hackers could try to modify a model traffic light.