Dani Tobler.Head Cyber Reinsurance at Swiss Re "North America...
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Foxconn tells India recruiters to nix marital status in iPhone job ads
One new Foxconn template ad reviewed by Reuters described...
India to shift to ‘smartphone era’ for cars embracing 5G, advanced AI in 2025: Report
Most cars priced at Rs 20 lakh and above will feature these...
Expand number of types of cybercrimes from 9 to 23, Russia proposes to UN
The draft convention, presented by Gorodov in Vienna, “introduces new elements of crimes committed using information and communication”.
“The draft reflects 23 corpus delicti, including unauthorized access to personal data, illegal distribution of counterfeit medicines and medical devices, terrorism, extremism, rehabilitation of Nazism, illegal trafficking of drugs, weapons, involvement of minors in illegal activities and much more — all the most relevant in the world of cybercrime,” Deputy Prosecutor General Petr Gorodov said.
AIR Worldwide enhances extreme event models for Japan, Releases updated earthquake and typhoon models
“In 2018 and 2019, four powerful typhoons struck Japan, incurring total insured losses of approximately USD 30 billion from wind and flood damage,” said Dr. Boyko Dodov, vice president of research, AIR Worldwide.
“As is the case after any major storm or severe storm season, we have been analyzing and reanalyzing a plethora of meteorological data, market exposure and company claims data sets from these and previous historical storms,” he said.
Over 6.07 lakh cyber security incidents during H1 2021: Govt
The minister noted that the government has taken a number of measures to enhance the cyber security posture and prevent cyber attacks, including CERT-In issuing alerts and advisories regarding latest cyber threats/ vulnerabilities and counter-measures to protect computers, networks and data on regular basis.
Cost of data breach hits record high during pandemic: IBM
As per the India insights, Rs 5,900 was the cost per lost or stolen record in the 2021 study, an increase of 6.85 percent from 2020.
The top three primary initial attack vectors for data breaches included phishing, malicious insider, and physical security compromise.
Domestic operators lead in growing Indian e-commerce market: Fitch
While there are a growing number of opportunities, said Fitch, there is also increasing competition between new and existing players.
ICICI Lombard and Dr. Reddy’s collaborate for pilot launch of cashless digital health solution
Users will benefit from cashless access to consultation from leading doctors and healthcare professionals across specialisations and geographies, pathology laboratories and diagnostic services, pharmacies, and a comprehensive support centre, all on a simple, easily accessible mobile platform. It offers options of in-person as well as remote tele/video consultations, home sample collections and medicine deliveries, digital health record management and a comprehensive support and fulfilment system.
FSSAI mulling using next-gen technology tools to ensure food safety, quality
”FSSAI is exploring the possibilities of using technological tools like blockchain, machine learning, etc in obtaining traceability information,” Food Safety and Standards Authority of India (FSSAI) CEO Arun Singhal said.
Next generation tools like genome sequencing and innovations in chemical and molecular analysis can be very useful in the area of food authenticity and integrity, he pointed out. Also, Internet of Things (IoT) has taken a big leap forward and can be used for mounting production and processing operations, he added.
South Africa port operator declares Force Majueure over over cyber attack
The measure covers the Durban, Ngqura, Port Elizabeth and Cape Town harbors because of the effects of the July 22 attack, according to a notice Transnet sent to customers and seen by Bloomberg News.
The issues “continue to persist,” it said. Force majeure is an unanticipated or uncontrollable event that releases a company from fulfilling contractual obligations.”The disruption threatens to have a ripple effect on Africa’s most-industrialized economy, particularly as Transnet’s Durban port handles 60% of the nation’s shipments. The ports are also key to shippers from landlocked African countries including the Democratic Republic of Congo, Zambia and Zimbabwe.
IPOs will drive startup revolution in India, says Amitabh Kant
In a large and diverse country like India, the ability to rapidly execute and scale up programmes to reach 1.3 billion citizens, in vernacular languages, is important, Kant noted.
“Startups should leverage technology for social good. The pandemic has provided an opportunity for this,” he said.
Amazon may soon allow payments via Bitcoin, other digital currencies
A company spokesperson told Insider that it was “inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon.”
Tesla and Twitter are also bullish on Bitcoin as the next payment mode.