IFSCA can set up guidelines for the insurance-linked securities...
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Goa Institute of Management develops algorithm to tackle bias, collusion in e-commerce
"The developed algorithm ensures fairness by filtering based on...
CCI admits ADIF complaint against Google over AdTech dominance charges orders wider probe
In its complaint, ADIF alleged that Google, through its multiple...
Possible Chinese malware in US systems a ‘ticking time bomb’: Report
"The Biden administration is working relentlessly to defend the United States from any disruptions to our critical infrastructure, including by coordinating interagency efforts to protect water systems, pipelines, rail and aviation systems, among others," said Adam...
Weather tool used in India could help better predict floods in Sri Lanka: Study
Understanding the link between weather patterns and extreme rainfall is really important for helping Sri Lankan communities prepare and respond to deadly natural disasters and could ultimately save lives, the researchers said New Delhi: Applying weather forecasting...
Par panel asks govt to design framework to deal with cyber crimes
Noting that current compensatory mechanism for victims of cybercrime in the financial sector has limited scope and coverage, the panel said financial institutions must play a supportive role as there is a fiduciary relationship between financial institutions and their...
Ship carrying nearly 3,000 cars ablaze off Dutch coast, crew member dead
“The fire is most definitely still not controlled. It’s a very hard fire to extinguish, possibly because of the cargo the ship was transporting,” said Edwin Versteeg, a spokesperson for the Dutch Department of Waterways and Public Works. “Electric cars burn just as...
Macroeconomic, geopolitical conditions pose severe risks to organisations: WEF Survey
Recent months have also seen a sharp increase in discussion of technology-related risks. CROs broadly agree that risk management is not keeping up with the rapid development and deployment of AI technologies, with 75% saying the use of AI technologies poses...
SEC set to adopt new cyber rule
Companies will also have to describe periodically what efforts they are making to identify and manage threats in cyberspace. The rule, first proposed in March of 2022, forms part of a broader SEC effort to harden the financial system against data theft, systems...
Centre will adopt UP’s health fair model: Mansukh Mandaviya
Union Health and Family Welfare Minister Mansukh Mandaviya ''A health fair is organised every week at every primary health and wellness centre in the state. Two and a half to three lakh poor people are treated at such fairs. We will implement this model in the whole...
Korean Re enhances risk analysis with Moody’s RMS Risk Models across Europe and Asia
Dr. Chun Baek, the head of Catastrophe Analytics at Korean Re, commented: “It is expected that providing wider insights into risk analysis and decision making against recent changes in natural catastrophe will be available by working with Moody's RMS models.” LONDON:...
Digital Adoption: Online platform preferred for general insurance products
"Digital adoption is no longer just a choice; it has become a necessity for businesses to thrive in today's rapidly evolving landscape. Our recent research report underscores the critical role that technology plays in driving growth, efficiency, and customer...
Asia-Pacific needs disaster warning systems to counter rising climate change risks, UN report
Countries lacking adequate early warning coverage have a disaster mortality rate that is eight times higher than countries that do have such systems in place, the U.N. estimates. And without such precautions, regional annual losses from disasters are projected to...