The Electric Mobility Promotion Scheme 2024 (EMPS 2024) was...
Category:
Technology
Latest
IIT Kanpur, NPTI to boost cyber security for critical power infra
“With our extensive expertise in cyber security research, this...
Insured losses from CrowdStrike outage could reach $1.5 bln, CyberCube says
Reinsurance broker Guy Carpenter said that insurers may face claims...
Hack against US is ‘grave threat’, cybersecurity agency says
The Cybersecurity and Infrastructure Security Agency said in its most detailed comments yet that the intrusion had compromised federal agencies as well as critical infrastructure in a sophisticated attack that was hard to detect and will be difficult to undo
This threat actor has demonstrated sophistication and complex tradecraft in these intrusions, the agency said in its unusual alert. CISA expects that removing the threat actor from compromised environments will be highly complex and challenging.
Microsoft says it found malicious software in its systems
The U.S. National Security Agency issued a rare “cybersecurity advisory” Thursday detailing how certain Microsoft Azure cloud services may have been compromised by hackers and directing users to lock down their systems.
“Like other SolarWinds customers, we have been actively looking for indicators of this actor and can confirm that we detected malicious Solar Winds binaries in our environment, which we isolated and removed,” a Microsoft spokesperson said, adding that the company had found “no indications that our systems were used to attack others.”
Ransomware attacks on the rise even as cyber insurers scale back
Ransomware attacks typically involve the infection of computers with malicious software, often downloaded by clicking on seemingly innocuous links in emails or other website pop-ups and leaving users locked out of their systems, with the demand of a ransom to be paid to restore computer functions.
Paul Bantick, Beazley’s global head of cyber and technology, said that ransomware attackers were demanding more money than in the past and had also become more creative in ways in which they sought to extort money.
“COVID-19, coronavirus, vaccines, all these things, they have enabled people to target organizations,” Bantick said.
US nuclear weapons agency hacked in massive cybersecurity breach
The attack on Department of Energy has affirmed that the hackers were able to access the networks of the US national security enterprise.
The hackers are believed to have gained access to the federal agencies’ networks by compromising the software company SolarWinds, which sells IT management products to hundreds of governments and private-sector clients, POLITICO opined.
UV-emitting LED lights can kill novel coronavirus quickly & efficiently, says study
In order to disinfect a bus, train, sports hall, or plane by chemical spraying, the scientists said physical manpower is needed along with time for the chemicals to act on the surface.
“Disinfection systems based on LED bulbs, however, can be installed in the ventilation system and air conditioner, for example, and sterilise the air sucked in and then emitted into the room,” Hadas Mamane, co-author of the study from the American Friends of Tel Aviv University in the US. said.
Ambani says will provide technology tools for the Covid-19 vaccination drive
Technology has also helped deliver health services.
“We are working very closely with all the authorities to make sure that we provide the technology tools and backbone for even vaccination in the coming quarters using technology,” he said.
Insolvencies, Cyber Threats and ESG scrutiny drive 2021 risks for Directors and Officers: Allianz
“Many insurers are still digesting the effect of previous pricing inadequacy and exposure and loss trend increases from prior-year policies,” says Shanil Williams, Global Head of Financial Lines at AGCS.
“This is also at a time of great uncertainty around forward-looking exposure assessments, in particular the impact of Covid-19 on the economy in general and on specific industries. Combined with many ‘known unknowns’ like climate change, cyber risks or environmental, social or governance (ESG) factors, this has created a lot of nervousness in this sector. As a global D&O insurer, AGCS remains committed to working in partnership with our customers to ensure we have sustainable solutions for all parties involved,” said Williams.
Companies may face 2% fine for breaching EU cybersecurity rules
Concerns about the cybersecurity of key assets have mounted in recent months, especially over cyber attacks by state actors and other malicious players. U.S. federal agencies and thousands of companies are now investigating a sweeping hacking campaign that officials suspect was directed by the Russian government. The European Medical Agency was also targeted earlier this month.
Sold 1 lakh ”connected cars” in India, says Kia Motors
One out of two Kia cars sold in India is a connected car, which is equipped with the company”s UVO connect system, an advanced and dynamic solution that seamlessly integrates smartphone or smartwatch with the car and its infotainment system into a single unit, Kia Motors India said in a statement.
Commenting on the feat, Kia Motors India Managing Director and CEO Kookhyun Shim said,”Technology has always been at the focal point since our maiden launch in the country and we are elated to achieve one more milestone in car connectivity.”
Earnix launches its Usage and Behavior-Based insurance offering
The pandemic has accelerated the surge in consumer demand for personalization in insurance, and specifically, for UBI and BBI. This phenomenon will forever change how people and businesses consume insurance and will require all carriers to personalize in real-time the products and prices they offer,” said Udi Ziv, CEO at Earnix.