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China’s Kuaishou shares fall to near five-week low after livestreaming cyberattack
The closest rival to TikTok’s Chinese version Douyin on Tuesday...
South Korea online retailer Coupang faces US securities class action over massive data breach
The lawsuit, filed last week in federal court in California, claims...
Markel launches first-of-its-kind affirmative cyber product for collateral war cover
Chris Burgess, Director of Cyber at Markel International, commented: "With this new product, Markel is responding to the changing needs of our clients. We're conscious that some larger clients still want cyber cover for the indirect impact of war, and this product is...
Google facing at least €12 Billion in civil claims across Europe
The civil suits are linked to a 2017 decision by the European Commission to fine Google €2.4 billion for illegally leveraging its search dominance to give its own shopping service an edge Alphabet Inc.’s Google is facing at least €12 billion ($13.3 billion) in damage...
Google to pay Texas $1.4 billion in data privacy settlement
The agreement settles several claims Texas made against the search giant in 2022 related to geolocation, incognito searches and biometric data. The state argued Google was "unlawfully tracking and collecting users' private data." Google will pay $1.4 billion to Texas...
Nearly half of financial planners worry about AI’s data privacy, security risks: Report
"We are witnessing a pivotal moment in the financial planning profession as financial planners embrace AI to work smarter, allowing more time to engage in deeper human connection with clients such as navigating difficult conversations that impact financial...
Star Health hacker says death threats and bullets sent to executives at India’s biggest health insurer
Star Health, India's biggest health insurer, has faced criticism from customers and data security experts since Reuters reported last September that xenZen had leaked sensitive client data, including medical reports. At the time, xenZen told Reuters in an email they...
PB Fintech raises $218 million for its new healthcare venture
Yashish Dahiya, chairman, PB Fintech The venture, PB Health, will use the funds to set up four to five hospitals in and around New Delhi by 2027, with a long-term plan to build a 25-30 hospital network across 10 Indian cities, PB Fintech chairman Yashish Dahiya told...
UK names China as dominant threat to its national cybersecurity
Richard Horne, chief of Britain’s National Cyber Security Center “China remains the pacing threat in the cyber realm,” Richard Horne, the chief of Britain’s National Cyber Security Center, said in a rare speech on Wednesday. “The continued activity that we’re seeing...
BSE asks trading members to take measures to ward off any cyber threat
This directive comes after an advisory was received from the Indian Computer Emergency Response Team (CERT-In) highlighting a cyber threat campaign specifically targeting Indian organisations operating within the Banking, Financial Services, and Insurance (BFSI)...
AAIB to probe helicopter crash in Uttarakhand
Five people were killed and two others injured in the helicopter crash that happened near Gangnani in Uttarkashi district.Seven people, including the pilot, were on board the helicopter of Ahmedabad-based private company AeroTrans Services Pvt Ltd, one of the...
Patrick Tiernan appointed as Lloyd’s CEO
Patrick Tiernan, CEO-designate, Lloyd's “My primary focus will be supporting the commercial success of our market participants while keeping an iron grip on underwriting discipline and safeguarding the financial strength of the Corporation. We will work at pace to...