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Facebook users affected by data breach eligible for compensation, German court says
Thousands of Facebook users in Germany are demanding compensation...
RBI cautions public about ‘deepfake’ video of governor being circulated on social media
In a statement Tuesday, RBI said it has come to their notice that...
Second Covid wave has taken ‘grievous toll’ on India: RBI Governor
In a first, Das flagged the rising data breaches and cyber attacks as a risk facing the economy, along with others like firming global commodity prices.
EU-U.K. deal clears way for free flow of data across Channel
To address concerns the UK could in future move away from the EU’s robust privacy protection rules, the commission added a so-called sunset clause, which leads to a review of the data transfer accord every four years.
Cryptocurrency-related cyberattacks grew by 192%: Report
“The digital format of cryptocurrencies make them decentralised in nature and without any regulations, they have become the currency of choice for cybercriminals,” Murali Urs, Country Manager, Barracuda Networks-India, said in a statement.
In 2019, ransom demands ranged from a few thousand dollars to $2 million at the top end. By mid-2021 most demands were in the millions, with a significant number over $20 million.
Elon Musk’s Starlink to provide internet nearly worldwide within weeks
SpaceX aims to offer broadband to as much as 5% of the world’s population where conventional fiber and wireless networks can’t reach. Musk said he’s signed two deals with “major country” telecom operators but he couldn’t name them yet, and he’s in discussions with more.
Swiss Re’s iptiQ and ImmoScout24 launch digital loss of rent insurance
Andreas Schertzinger, CEO of iptiQ EMEA P&C, says: “With ImmoScout24, we have found the ideal partner in Germany to offer customers tailor-made household insurance products online precisely when it matters. Thanks to the seamless integration of our product into ImmoScout24’s digital ecosystem, customers can insure themselves against the risk of rent-related losses directly online and throughout the rental process.”
EU plans new safety rules for the workplace wherever it is
In guidelines to protect almost 170 million EU workers over the 2021-2027 period, it will also seek to produce recommendations on mental health at work before the end of 2022.
Work-related accidents and illnesses cost the EU economy over 3.3% of gross domestic product per year, the Commission said. It said estimates showed that for every euro invested in occupational health and safety, the return for the employer is around twice as much as employees take less sick leave.
Twitter faces three police cases amid growing challenges in India
“The Central government has taken it seriously and Madhya Pradesh Government is also taking it seriously. I have directed the DGP to investigate all aspects and register FIR and file a case,” Mishra told ANI.
SC orders implementation of ‘one nation, one ration card scheme’ by July 31
The bench directed the Centre to develop a portal with the help of the National Informatics Centre (NIC) for registration of unorganised sector workers for granting them the benefits of welfare schemes by July 31.
Google, FB to appear before Parliamentary Panel on IT
On June 20, India’s permanent mission at the United Nations had clarified that India’s new IT rules are “designed to empower ordinary users of social media” and that they were finalised after the government held broad consultations with civil society and other stakeholders in 2018.
$1 billion fund for renewables among key energy commitments made during UN ministerial forums
Globally, nearly 760 million people lack access to electricity and 2.6 billion continue to cook with traditional fuels like wood that not only contribute to carbon emissions but also causes 4 million deaths each year from indoor smoke.