The data showed that the transition towards EVs continued to deepen...
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DFS secretary reviews vision strategy of LIC and GIC Re
M.Nagaraju, Secretary, DFS Nagaraju underscored the need to expand...
PSU banks looks to scale up IT spend in view of cyber threat posed by Anthropic Mythos
Mythos’ advanced coding capabilities give it an unprecedented...
Banks tighten cyber security network to ward off any threat
"We have strengthened the cyber security mechanism… we have created a 24 hours war room to diffuse any cyber attack… we are prepared for any eventuality," Punjab National Bank MD and CEO Ashok Chandra said New Delhi: Banks have tightened their cyber security network...
Chaucer launches affirmative AI liability cover
As AI adoption continues to surge, AI incidents have spurred over 150 lawsuits in the US in the last 5 years per researchers at George Washington University. AI regulations are proliferating and scrutiny intensifying, it's essential for AI adopters to protect...
M&S, Co-op cyberattackers duped IT help desks into resetting passwords, says report
“Criminal activity online – including, but not limited to, ransomware and data extortion – is rampant. Attacks like this are becoming more and more common. And all organizations, of all sizes, need to be prepared,” Jonathon Ellison and Ollie Whitehouse, respectively...
Electric PV retail sales up 56.87 pc at 12,233 units in April: FADA
Tata Motors continued to lead the market with 4,436 units of electric PVs sold last month, although JSW MG Motor India and Mahindra & Mahindra (M&M) are catching up with 3,462 units and 2,979 units respectively, as per the Federation of Automotive Dealers...
CII releases guidebook on effective adoption governance of AI for board leaders
It encompasses basic concepts related to AI, its use in various business functions, criticality of AI governance and its framework, risks and challenges and its governance and liabilities of directors associated with deployment of AI in businesses. New Delhi: Industry...
TikTok fined $600 million for sending EU data illegally to China
“TikTok did not address potential access by Chinese authorities to EEA personal data under Chinese anti-terrorism, counter-espionage and other laws identified by TikTok as materially diverging from EU standards,” said Graham Doyle, a deputy commissioner at the DPC...
Trading in Bitcoin in India is refined way of doing Hawala business: SC
The bench said that two years back while dealing with a case related to Bitcoin trade it had asked the Centre to apprise the court about the policy regime on the trade of virtual currency but till now it has not received any response. Senior advocate Mukul Rohatgi,...
Govt mandates legal interception of satcom services bars data routing outside country
The move assumes significance as the government is, for the first time, gearing up to open satellite communication service for the general public and needs to put measures in place to avoid any misuse of the services by criminal elements, especially terrorists. New...
Blackout Risks: Guarding grid stability for uninterrupted energy access
As Europe has learned, preventing grid collapse is a constant endeavor, not a battle that you only fight once. India's government has prioritized energy access, vastly expanding availability to households and building more generation capacity. It is now time for it to...
US insurers pulling ahead in AI investment, strategy execution
One thing is certain, AI is not just a technical investment, it’s a strategic business priority for insurers. It demands leadership, cultural alignment, and organisational agility - areas where the US seems to be leading the way right now LONDON: New research from...