The British retailer will try to mitigate the impact with cost...
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High crypto investors seek bodyguards to deter kidnappers
People with crypto wealth face unique physical risks because public...
Why can’t Centre formulate ‘clear cut’ policy to regulate cryptocurrency? asks SC
“Why does Centre not come out with a clear cut policy on regulating...
Almost half of Indians experience AI-enabled fake voice scams, 83% victims lost money: McAfee survey
"About half (47 percent) of Indian adults have experienced or know someone who has experienced some kind of AI voice scam, which is almost double the global average (25 percent). 83 percent of Indian victims said they had a loss of money — with 48 percent losing over...
One-third of global businesses already hit by voice and video deepfake fraud
The banking sector is the most vulnerable to such kind of identity fraud RESTON, VA: Artificial intelligence can be used to create increasingly realistic and convincing deepfakes, making it more difficult to distinguish between genuine and manipulated content. Fake...
Indian job market to see 22 pc churn in 5 yrs; AI, machine learning among top roles: WEF
According to the estimates of the 803 companies surveyed globally for the report, employers anticipate 69 million new jobs to be created and 83 million eliminated among the 673 million jobs corresponding to the dataset, a net decrease of 14 million jobs, or 2 per cent...
Apollo to set up more genomics institutes by 2023-end
Genomics is a field of biology focused on studying all the DNA of a human being. In medicine, genome and DNA sequencing are done to learn more about a patient's molecular biology ''India is a highly diverse heterogeneous country, and as a result, genomic medicine...
Aon identifies ‘invisible’ cyber risks to global energy storage market
Energy businesses, in particular, are facing an increasingly complex cyber risk landscape, with new forms of volatility and current geopolitical tensions driving scrutiny on the security of essential energy infrastructure Sustained cyber resilience is contingent on...
Big Tech crackdown looms as EU, UK ready new rules
Violations could result in fines worth up to 6% of a company's annual global revenue — amounting to billions of dollars — or even a ban on operating in the EU The European Commission's list of very large online platforms is limited to those with at least 45 million...
Swiss Re ties up with Benekiva to create an end-to-end digital claims management solution
"We're thrilled to partner with Benekiva to offer a holistic, digital claims processing solution that can free up claims staff to focus on what matters most: helping customers through a very difficult time"Carl Christensen, Global Head L&H Solutions, Swiss Re...
Metals & Mining and Chemical & Petrochemical sectors show a dip in risk management in 2022, ICICI Lombard report
Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance, said, "The enhanced score in the 3rd edition of the Corporate Risk Index is a testament to the efficient risk management practices adopted by Indian corporates in the face of global headwinds and...
Thefts prompt 17 states to urge recall of Kia, Hyundai cars
“The bottom line is, Kia’s and Hyundai’s failure to install standard safety features on many of their vehicles have put vehicle owners and the public at risk,” California Attorney General Rob Bonta said in a news release “Instead of taking responsibility with...
Economic and cyber risks are the top risks facing Directors: Report
Economic risk was considered the top risk for businesses by 63% of global directors, closely followed by cyber risk at 62%, says a global Directors Liability 2023 survey from WTW and Clyde & Co, a leading global law firm SINGAPORE: Economic and cyber risks,...