Siddartha Mohanty, MD & CEO, LIC "Current channels, including...
Category:
Technology
Latest
EU AI Act checker reveals Big Tech’s compliance pitfalls
Companies failing to comply with the AI Act will face fines of 35...
Chinese cyber association calls for review of Intel products sold in China
The industry group goes on to state that operating systems embedded...
Delhi govt floats tender to set up 100 EV charging stations
Each station will have five charging points, making it a total of 500 such points. The charging stations will be set up within a year, Jain said.
There will be a mandate for minimum 20 per cent slow chargers and 10 per cent fast chargers at these charging stations to cater to all kinds of EVs. Majority of these sites will be at Metro stations and DTC bus depots, he said.
Indian CEOs have a new challenge — employees working from anywhere in the remote era
The regulatory concerns reflect a rising assertiveness by governments around privacy, data, trade and — amplified by Covid-19 — health.
DPIIT ‘definitely’ working on new e-commerce policy: Govt official
“Who should be accountable for counterfeit products sold through an e-commerce company. Data is an important issue. The entire data issue will be governed by what actually the data law will be, which is before Parliament. That is why we are not in a hurry to finalise it (the policy)… So, whatever will be the final outcome of that data bill, it will apply to everybody who will deal with data,” the official said a regulator for the sector may come if required.
RBI unveils ‘One Nation One Ombudsman’ for grievance redressal of financial consumers
The RBI has said major payment system operators in the country would be required to facilitate setting-up of a centralised industry-wide 24×7 helpline for addressing customer queries in respect of various digital payment products and give information on available grievance redress mechanisms by September 2021.
Unequal allocation of vaccines could cost the world economy $9.2 trn
“With the virus mutating, no country is safe until the whole world is inoculated and achieves herd immunity,” said Chua Hak Bin, senior economist at Maybank Kim Eng Research Pte in Singapore.
Over 290,000 cyber security incidents related to banking reported in 2020
“The percentage rise in digital transactions is 46 per cent in 2020 in comparison to 2018-19,” he said.
The numbers of digital transactions have increased from 3,134 crore in the financial year (FY) 2018-19 to 4,572 crore in FY 2019-20, Dhotre added.
Brazil’s Eletrobras says nuclear unit hit with cyberattack
The network that was attacked by ransomware is not related to the operational systems of nuclear energy plants Angra 1 and Angra 2, said Centrais Eletricas Brasileiras, as Eletrobras is formally known.
Subsidiary Eletronuclear has suspended use of some of its administrative software to protect its data, the company said in the filing.
Stone Point Capital and Insight Partners to acquire CoreLogic for $6 billion
Chuck Davis, CEO of Stone Point Capital, said, “CoreLogic is a mission critical vendor and data provider across industry sectors in which Stone Point has specialized over the past 20 years, including mortgage, residential real estate and P&C insurance. CoreLogic’s proprietary data assets are increasingly important to its customers, and we look forward to leveraging our network within the broader financial services industry to support the company’s next phase of growth.”
Maharashtra: Uddhav Thackeray launches scheme for startups to help file IT patents
“Our goal is to make the state number one in various skill development schemes and startups. A number of schemes have been undertaken for this purpose and new schemes will be added in the future as well. It has been proposed to set up an international standard Center for Skill Development in Mumbai and courses in ITIs are being updated in a timely manner,” Malik said.
Govt blocked 296 mobile apps since 2014, says Union minister Sanjay Dhotre
He said several reports had been received about some of these apps being misused for ”… for stealing and transmitting user data such as financial data, permission for accessing of all possible data available in device, etc and real-time activity surreptitiously to servers located outside India”.