According to Vishal Sacheendran, Head of Regional Markets at...
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6.39 crore people in rural India trained in digital literacy: Centre
States like Bihar, Uttar Pradesh, and Maharashtra led with the...
1.6 crore customer records of HDFC Life being sold on Dark Web: CyberPeace
The leaked data reportedly contains sensitive customer information,...
HX launches in Asia to bring its data, digital and analytics capabilities closer to clients and carriers across the region
Goh Chye Huat, CEO, Howden Asia, said: “Our businesses across Asia have experienced tremendous growth over recent years. We have reached a scale where it is vital to have a market-leading engagement and distribution strategy. HX’s data and analytics capabilities are unrivalled in the market and we are delighted to have that offering available for our clients and colleagues in Asia.”
India second largest insurtech market in APAC: S&P Report
”India is the second largest insurance technology market in Asia-Pacific. India has at least 66 insurtech companies and accounted for 35 per cent of the USD 3.66 billion in insurtech-focused venture capital invested in the APAC region. ”Insurance technology investors are attracted to India since it is one of the fastest-growing insurance markets in the world,” S&P Global Market Intelligence fintech analyst Sampath Sharma Nariyanuri said.
Demand, employment severely hit by 2nd wave of Covid: RBI
“The biggest toll of the second wave is in terms of a demand shock – loss of mobility, discretionary spending and employment, besides inventory accumulation, while the aggregate supply is less impacted,” it said.
Irish health service may take weeks to recover from ransomware attack
There was widespread cancellation of radiology services across the country due to its reliance on the IT system and particular challenges in laboratories, the HSE said.
Insurance for safeguarding employee value:Lloyd’s report
COVID-19 has exacerbated many of the risks involving human capital value. With the pandemic impacting the entire workforce globally, and many organisations still operating under a remote working model, the value of employees in achieving productivity is vital for business continuity. It is becoming increasingly apparent that talent attraction and retention, and employee wellbeing are not just intrinsically linked, they also have a direct impact on business performance.
Second wave of COVID-19 to impact blue-collar, gig jobs : Report
However, it stated that in the ongoing second wave of the pandemic (April and May 2021), India is witnessing a decline in the economic activity owing to the localised lockdowns, but the impact on the economy is unlikely to be as devastating as in 2020.
Microsoft board probed Gates in 2000 for relationship with employee: Report
Board members handling the matter hired the law firm to conduct the investigation after receiving a letter from a Microsoft engineer who said she had a sexual relationship with Gates for years, Dow Jones said. Gates left before the probe was completed, it reported.
Facebook faces prospect of ‘devastating’ data transfer ban
The case stems from EU concerns that U.S. government surveillance may not respect the privacy rights of EU citizens when their personal data is sent to the United States for commercial use.
Meanwhile, Germany’s lead data protection regulator for Facebook is banning the social network from processing personal data from WhatsApp users because it views the messaging app’s new terms of use as illegal, it said on Tuesday.
GPS tracking of ambulances for quick transfer of Covid patients to hospital
While the city authorities have a fleet of 64 ambulances under the COVID management programme, 40 has already become GPS enabled and the rest will be fitted with the tracking devices very soon, a senior official said.
Crypto crime down in 2021 through April, but ‘DeFi’ fraud at record -CipherTrace
Globally, crypto criminals ran away with $432 million as of end-April, according to the CipherTrace report. About 56% of that, or $240 million were DeFi-related, a record peak.
For the whole of 2020, losses in the crypto sector through fraud and crime were $1.9 billion. In 2019, crypto crime losses hit a record $4.5 billion.