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Consultation paper on AI regulations in a month; safety, deepfakes key focus areas: Vaishnaw
Ashwini Vaishnaw, Union IT Minister The minister made it clear that...
South Korean banks were likely hacked by a China-based actor with an AI agent, CrowdStrike says
Adam Meyers, senior vice president of counter adversary operations...
New US sanctions bill on Russia puts India in a bind
"Tariffs of up to 100% would punish Indian exporters and American consumers, disrupt trade and give the US president excessive power over major partners," said Ajay Srivastava, founder of New Delhi-based think tank Global Trade Research Initiative and a former trade...
Power Assets: AI and data centre growth drive insurance demand across Asia
Lyo Foo, Head of Power, Natural Resources Asia, at Willis said, “AI and data centre growth are making reliable power a strategic asset across Asia. As large, concentrated loads expand, risk can no longer be assessed in silos: generation, grids, cooling, water,cyber,...
Gemini hacked three companies in first known breakout by Google’s AI
The hacks occurred in May during a cybersecurity test conducted by Irregular, an independent company that conducts cybersecurity evaluations.During a standard testing evaluation, Gemini found public information online and guessed credentials to access three websites...
Hong Kong sets out initiatives to secure long-term development of pillar industries
"We will consolidate and enhance Hong Kong's status as an international financial centre, and stay committed to our global positioning," Hong Kong's Chief Executive John Lee said Hong Kong: Hong Kong's Chief Executive John Lee rolled out various measures to develop...
Majority of digital infra stakeholders faced material disruption in 5 yrs: Economist Enterprise–FM report
“As organisations scale, the challenge is not simply managing individual risks, but understanding how cyber, energy, climate and supply-chain disruptions can interact across increasingly interconnected systems. Resilience needs to keep pace with growth and inform...
Moody’s raises India’s FY27 growth projections to 7 pc; flags inflation risks from crude, El Nino
"Although we continue to expect India to grow faster than all other G20 economies, as well as similarly rated emerging market sovereigns, risks remain. Elevated energy prices could push annual average inflation beyond its 4.8 per cent projection for the fiscal. The...
Warren Buffet’s son Howard succeeds him as chairman of Berkshire Hathaway
Howard G. Buffett, chiarman,Berkshire Hathaway Inc Warren E. Buffett has been named chairman emeritus of the company Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail...
“Totally unacceptable”: MEA raises alarm over security, navigation threat amid escalating tensions in Red Sea area
"We are deeply concerned about the escalation in the security situation in the Red Sea area... We have expressed our condemnation of the attacks on Saudi sovereign territory, including on civilians and economic assets. Such attacks vitiate regional security, impact or...
Power infra the biggest risk factor in India’s data centres: Howden report
Between 2016 and 2025, the power consumed by data centres built in India grew 68-fold, at a 60% CAGR as per the recent S&P data. The demand is forecast to reach 57 TWh by 2030. Increasingly, hyperscale campuses are looking to on-site, behind-the-meter generation...
Global Data Centre Boom: Emerging risks becoming more pronounced
For the insurance market, this convergence of physical and digital risk presents challenges around aggregation clauses and the boundaries between cyber, property and war cover. Addressing these exposures will require rigorous cyber-physical risk assessment and greater...