The Competition Commission of India (CCI) has been investigating...
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Rush to prevent oil spill from grounded ship off South African coast
The Panama-flagged "Ultra Galaxy" ran aground close to Doring Bay,...
CMA CGM says its ship lost 44 containers in tough weather
“No injury to the crew has been reported, no pollution, no strong...
Preserving Rare Books
Rare books are collectible items which can carry hefty price tags. As more than 100 countries around the world prepare to celebrate World Book Day,the risks associated with collections of valuable books can be managed and transferred
Aadhaar seeding must for bank accounts under KYC norms: RBI
This, however, will be subject to the final decision of the Supreme Court on making of Aadhaar mandatory, RBI said in a circular late last night.
Fearing Collisions, Airlines Support Global Drone Registry
IATA would consider collaborating with the International Civil Aviation Organization (ICAO) with using the registry for data analysis to improve safety.ICAO is developing the registry as part of broader efforts to come up with common rules for flying and tracking unmanned aircraft.
India stares at water crisis, urgent steps needed: experts
India’s huge groundwater-dependent population, uncertain climate-reliant recharge processes and indiscriminate land use changes with urbanization are among the many factors that have rendered the Indian groundwater scenario to become a global paradigm for water scarcity, for both quantity and quality
Fine balance must for data availability, innovation and privacy: Ravi Shankar Prasad
“We are erecting the architecture…cyber laws are being improved…cyber training and cyber forensics are being taken care of,” .said IT Minister Ravi Shankar Prasad
“Cloud-based office solutions under increasing attack”
More and more organizations are turning to cloud-based solutions but, when a business email account is hacked, they find that the system’s default settings are inadequate to show the extent to which emails have been compromised.
Rapid tech advances outpacing risk management:MARSH/RIMS
“Emerging technologies like AI, blockchain, and IoT are fast becoming the new normal, yet risk management is not keeping up,” said Brian Elowe, chief client officer, North America, Marsh. “Only by asking questions and understanding the underlying technologies and their uses throughout the organization can risk professionals truly appreciate their risks and respond accordingly.”
CVC wants details of frauds from banks to devise preventive mechanism
“So we have started to collect data. We have got some portion of data. The remaining data is yet to come. We have analysed, I think about 100 cases and have tried to see whether they fall into a particular pattern,” Chowdary said
Sharing economy: massive risk potential remains unrealised, Lloyd’s Report
The sharing of assets and services creates new opportunities but also new risks. It can be difficult for traditional insurance coverages to be applied to disruptive sharing economy models as assets are fragmented – owned and shared amongst users – and new multi-party relationships between platforms, providers and consumers draw further questions around who is ultimately responsible for managing and mitigating risk.
India should take steps to ensure privacy in biometric identification programmes: IMF
“A court decision is still pending on its compliance with the right to privacy. In a recent data breach in India, it has been reported that 135 million Aadhar numbers were compromised, underscoring the importance of sound privacy measures,” it added.