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Govt probes EY’s ‘work environment’ after death of young employee
Shobha Karandlaje, Union Labour Minister "A thorough investigation...
Central Europe flooding could cause billions in insurance losses, analysts say
According to re/insurance broker Gallagher Re's estimate, insured...
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.
Facebook must face privacy class action over collecting biometric data
The 3-0 decision from the 9th U.S. Circuit Court of Appeals in San Francisco over Facebook’s facial recognition technology exposes the company to billions of dollars in potential damages to the Illinois users who brought the case.
EU fights spread of African swine fever with 10 countries now affected
The situation “is very worrying,” EU Commission spokeswoman Anna-Kaisa Itkonen told a media briefing , urging action against a “catastrophic animal disease” which industry officials in Bulgaria fear could cause damages of up to 2 billion levs ($1.15 billion).
U.S.-China trade war leading to recession
The year-long trade dispute has revolved around issues such as tariffs, subsidies, technology, intellectual property and cyber security, among others
Reliance Industries’ Rs 3,70 trillion enhanced mega risk policy renewed in 2018-19, pays Rs 700 cr premiums
In a bid to support the RIL’s higher insurance cover, the GIC Re, the state owned listed reinsurer,had augmented its capacity for any single risk from Rs 2,500 crore to Rs 3,500 crore in 2018-19.
UK insurers settle 99% of cyber insurance claims
The Association of British Insurers (ABI) has been asking the Information Commissioner’s Office (ICO) to make anonymised cyber breach data publicly available, which would enable insurers to price risk more accurately and manage exposure more effectively by feeding this data directly into their modelling
Cyberattacks grew 22% on India’s IoT deployments in Q2
Among the 15 Indian cities from which data was gathered, Mumbai, New Delhi and Bengaluru are attracting the maximum number of cyberattacks, revealed the study by Bengaluru-headquartered telecom solutions provider Subex.During the quarter, the researchers registered 33,450 high-grade attacks, 500 of which were very high sophistication.
Global commercial insurance pricing up 6% in Q2:Marsh
CAT pricing increased double digits in several Asian countries,including Singapore, Hong Kong, and India.