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Risk Management
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P K Mishra calls for expanding insurance coverage across diverse sectors
PK Mishra, Prime Minister's Principal Secretary "Should the...
Banks must use UPI to create more digital opportunities to empower millions: FM Sitharaman
Nirmala Sitharaman, Union Finance Minister As banks benefit from...
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.
Early claims and crash tests suggest risks of luxury, SUV electric vehicles
In serious crashes, electric autos’ high-voltage power plants automatically shut down, AXA noted, but damaged batteries can catch fire up to 48 hours after a crash, making it more difficult to deal with the aftermath of an accident.
China tops list of U.S. cybersecurity agency’s top risks
A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as a result, the agency’s top operational priority is reducing the risks from Chinese compromises to the global supply chain, including emerging 5G technology.
SC grants Facebook some relief in key privacy case
The case is keenly watched as it brings out the conflict between privacy concerns on governments accessing citizens’ messages and the fight against cyber crimes like child pornography
Nuclear watchdog says Russia resumes sharing radiation data
The mysterious accident at a naval weapons testing range on the White Sea in northwestern Russia earlier this month has been accompanied by changing or contradictory information from Russian authorities. That has led to speculation about what really happened in the town of and what type of weapon was involved.
Linking profile with Aadhaar: SC to hear FB’s plea for transfer of cases
The apex court on Monday was told by the Tamil Nadu government that social media profiles of users need to be linked with Aadhaar numbers to check circulation of fake, defamatory and pornographic content as also anti-national and terror material.Facebook Inc is resisting the state’s suggestion on grounds that sharing of Aadhaar would violate privacy policy of users.Facebook Inc had said that it cannot share Aadhaar number with a third party as the content on its instant messaging Whatsapp was end-to-end encrypted and even they do not have access to it.
7 global trends making engineering & construction projects bigger & costlier than ever
Analysis by Allianz Global Corporate & Specialty (AGCS) of more than 13,000 engineering insurance claims over the last five years has identified seven major trends in engineering and construction projects, driving some of the largest losses ever, according to a new report by the insurer. The report also examines how new technologies, such as drones, satellites, lasers, and computer modeling, are increasingly being used to speed up claims and mitigate risks
Putin vows Russian nuclear accident that killed 5 scientists poses no further risk
The Aug. 8 blast killed five atomic scientists during a test of a missile engine that used “isotope power sources,” the state nuclear monopoly Rosatom said.