Ransomware gangs routinely publicise attacks and leak stolen data...
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Globally company executives face rising threats of violence: Survey
A survey of 2,352 security chiefs at large and medium-sized...
China’s EV boom saddles its auto insurers with large losses
Despite EV drivers paying anywhere from 20% higher to double the...
India’s passenger EV market will hot up in next 3-4 years
Now with reports of Tesla's entry in the Indian market, and its CEO Elon Musk India visit this month, experts say Indian EV market will see immense growth in next few years. Currently Tata Motors held over two-thirds of the country's EV market, but Mahindra &...
Panda wants Bima Sugam up and running by Apr 19, 2025 coinciding with IRDAI’s 25th foundation day
Debasish Panda, chairman, IRDAI Apr 19,2025, is the 25th foundation day of the Hyderabad based regulator and IRDAI chief chosen that day to launch Bima Sugam , which is expected to usher in the `UPI moment' in the Indian insurance industry Mumbai: Debasish Panda,...
Finmin for enhanced KYC, due diligence for merchants & banking correspondents to check fraud
During 2023, as many as 11,28,265 cases of financial cyber fraud worth Rs 7,488.63 crore were reported, as per the data compiled by National Crime Records Bureau (NCRB) To strengthen the mechanism to deal with cyber crimes in a comprehensive and coordinated manner,...
Dearth of mechanics and higher repair costs lead to dip in UK electric car sales
A dearth of mechanics trained to handle the most advanced EV fixes is helping to drive up repair costs, according to insurers and repair companies like the AA, which provides roadside assistance across the UK. Add in expenses like long wait times for replacement...
Systems breach Mumbai cops register case after Wellspun’s confidential data’ is wiped out
"An unidentified person gained access to the system by logging into email id of the company. The access was made from a Hyderabad based IP address.Confidential data residing in Power BI tool software was wiped out. It included the company’s dashboard and reports of...
Apple warns of ‘mercenary spyware attack’ on users in India, 91 other countries
Mercenary spyware attacks are rare and vastly more sophisticated than regular cybercriminal activity or malware, according to the notification email. The iPhone-maker has sent threat notifications such as these multiple times a year since 2021, the notification email...
Boeing crisis of confidence deepens with 787 now under scrutiny
The latest allegations cast Boeing in an unfavorable light as it grapples with a crisis of confidence after the Jan. 5 panel blowout. While nobody on that flight was seriously hurt, the issue has put the spotlight on Boeing’s manufacturing and safety procedures and...
Super election year increases risks of political violence in many countries, warns Allianz
As unrest can now spread more quickly and widely, thanks in part to social media, financial costs from such events for companies and insurers are mounting. Economic and insured losses from just seven civil unrest incidents in recent years cost approximately US$13bn...
US federal court orders Philips to restrict production of sleep apnea devices
The agreement followed the recall of millions of breathing devices and ventilators used to treat sleep apnea in 2021 because of concerns that foam used to reduce noise from the devices could degrade and become toxic, carrying potential cancer risks A US federal court...
Beware of deepfake of CEO recommending stocks, says India’s National Stock Exchange
"Such videos seem to have been created using sophisticated technologies to imitate the voice and facial expressions of Ashishkumar Chauhan," the NSE said Mumbai: India's National Stock Exchange (NSE) on Wednesday cautioned investors against deepfake videos of its...