Category:

Technology

Covid-19 Risks: Cyber-attacks and Data loss top concerns facing Directors & Officers: Report

Jennifer Tiang, Regional Cyber Leader for Asia at Willis Towers Watson, said: “The survey results reflect the growing realisation that cyber risk is not simply an issue to be handled by an organisation’s IT team.  It is a much broader issue cutting across all spheres of business and necessarily draws together stakeholders from risk, legal and IT teams, as well as requiring awareness of all employees from the ground up and board oversight from the top down. From cyber-attack to data loss, the financial impacts of a cyber event can be catastrophic.”

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China tightens control over cybersecurity in data crackdown

Beijing is increasingly sensitive about control over information about its people and economy. Companies are barred from storing data about Chinese customers outside China. Companies including ride-hailing service Didi Global Inc, which recently made its US stock market debut, have been publicly warned to tighten data security.

Under the new rules, anyone in China who finds a vulnerability must tell the government, which will decide what repairs to make. No information can be given to “overseas organisations or individuals” other than the product’s manufacturer.

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Maha unveils new EV policy, sets 10 pc share in total registrations by 2025

”The policy has some ambitious targets. Electric vehicles must comprise at least 10 per cent of total vehicles registered by 2025. We also want to achieve 25 per cent EV share in public transport in Mumbai, Pune, Nagpur, Aurangabad and Nashik. It includes converting 15 per cent of the MSRTC fleet into EVs by 2025. We also intend to make Maharashtra the top producer of battery driven EVs in India in terms of annual production capability,” Singh said.

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Billionaire Branson soars to space aboard Virgin Galactic flight

The Swiss-based investment bank UBS has estimated the potential value of the space tourism market reaching $3 billion annually by 2030. Proving rocket travel safe for the public is key.
Virgin Galactic’s CEO Michael Colglazier.said 600 wealthy would-be citizen astronauts have also booked reservations, priced at around $250,000 per ticket for the exhilaration of supersonic flight, weightlessness and the spectacle of spaceflight.

British billionaire Richard Branson has said he aims ultimately to lower the price to around $40,000 per seat as the company ramps up service, achieving greater economies of scale. Colglazier said he envisions eventually building a large enough fleet to accommodate roughly 400 flights annually at the spaceport.

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40,000 ITRs being filed daily on new portal, CBDT says as it fixes glitches

It said presently, about 8-10 lakh people are logging into the new portal and on an average 40,000 I-T Returns are being filed every day.

“The portal received more than 62 lakh Aadhaar-PAN linkage requests, about 4.87 lakh e-PANs were issued and 1.32 lakh DSC registration have been completed. Thee-proceeding functionality has been deployed for tax payers for faceless assessment and 24,781 responses have been received from taxpayers with 1.42 Lakh attachments till July 10, 2021,” it said.

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Germany declares first-ever “cyber-catastrophe”

Hackers knocked out the IT operations of the municipality of Anhalt-Bitterfeld, in the state of Saxony-Anhalt, on Tuesday, a spokesperson confirmed to Reuters on Saturday.The rural district of Anhalt-Bitterfeld, with a population of 157,000, is for the time being unable to pay out welfare benefits. Its consequent catastrophe declaration is a formal step that allows it to call for federal help.

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PM Modi says farm sector needs post-harvest revolution; govt impetus on scientific ecosystem

”With the ever-increasing agricultural production, there is a need for post-harvest revolution and value addition.We are striving relentlessly to intensify our speed and scale to achieve this. We have been taking comprehensive steps to get a complete solution, from irrigation to sowing, harvesting, and earnings that are technology-enabled,” Modi said in a message to commemorate the National Bank for Agriculture and Rural Development’s foundation day.

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