Fed Chair Jerome Powell While Fed officials are wary of any actions...
Category:
Risk Management
Latest
Spain fines Booking.com $448 million for abusing dominant position
Booking Holdings intends to appeal the fines as it strongly...
Ransomware attack forces hundreds of small Indian banks offline, sources say
The attack affected C-Edge Technologies, a provider of banking...
Over 55,000 thefts reported in trains in last 3.5 years: Railways data
In 2017, 18,936 cases of luggage theft were reported along with 415 robberies. A total of 27 dacoities took place inside trains and 155 passengers were robbed after being sedated. The police arrested 3,898 people.
Govt policies pose biggest risk to India Inc in next 3 years: Deloitte
Cyber security will take the lead with 36 per cent amongst the top three risks for businesses, followed by technology disruption risk with 33 per cent and regulatory risks at 31 per cent.
RBI imposes Rs 10 mn fine on Union Bank for delay in fraud detection
“This is to inform that Reserve Bank has imposed a penalty of Rs 10 million on the bank for delay in detection and reporting of fraud. The penalty has been imposed in exercise of powers vested in RBI under …Banking Regulation Act,” Union Bank of India said in a regulatory filing Friday.
British Airways cyber attack: 380,000 customers hit, carrier ‘deeply sorry’
Around 380,000 card payments were compromised, the airline said, with hackers obtaining names, street and email addresses, credit card numbers, expiry dates and security codes – sufficient information to steal from accounts.
Accident report confirms Apple still in Autonomous Car race
Apple executives have never publicly spoken about the company’s self-driving car program, but filings in a criminal court case last month confirmed that the company had at least 5,000 employees working on the project and that it was working on circuit boards and a “proprietary chip” related to self-driving cars.
HDFC ERGO launches Cyber Cover for individuals
The sum assured for the cover ranges from Rs 50,000 to Rs 1 crore.The policy aims at providing comprehensive protection to individuals and their families against any cyber- attacks, cyber frauds or digital threats that could lead to a financial loss and or reputational loss.
Ten Years After Lehman—Lessons Learned and Challenges Ahead
We are now facing new, post-crisis, fault lines—from the potential rollback of financial regulation, to the fallout from excessive inequality, to protectionism and inward-looking policies, to rising global imbalances.
Are notes in your pocket making you sick?Traders body wants FM to investigate
The traders’ body quoted findings from various studies which claimed the notes were contaminated with disease causing pathogens and warned of their potential to transmit several diseases including urinary and respiratory tract infections, septicaemia, skin infections, recurrent meningitis, toxic shock syndrome and a variety of gastro-intestinal diseases.
Govt mulls action against India heads of social media on fake news
During recent meetings with the representatives of the Twitter India, Facebook, WhatsApp and Youtube, the government officials made it clear that the social media platforms have to comply with the directives without delay, and if not done, action under law would be initiated against them.
Marine blockchain platform goes live
Blockchain technology can be applied to risk management and insurance across diverse business sectors such as telecommunications, defence, and aerospace, among many others. One of our clients, for example, has approached us about developing a blockchain for its global property insurance programme