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Govt forms panel under SBI chief Setty to assess Mythos-related risks: Sitharman

Govt forms panel under SBI chief Setty to assess Mythos-related risks: Sitharman

by AIP Online Bureau | Apr 24, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

Nirmala Sitharaman,Union Finance Minister There will be a lot of interaction among banks over the next few weeks to understand the threats and also look at the areas where additional investments will be required, Sitharaman said. She said all this while, the system...

Venezuelan oil industry running on WhatsApp after cyberattack

by AIP Online Bureau | Jan 17, 2026 | International News, Technology

The incident highlights just how frail the the country’s technological infrastructure is, even in the industry most responsible for its revenue. Decades of disinvestment and corruption have marred state-owned oil giant Petróleos de Venezuela SA, and US sanctions have...
Jaguar Land Rover cyberattack fallout hits suppliers

Jaguar Land Rover cyberattack fallout hits suppliers

by AIP Online Bureau | Sep 17, 2025 | International News, Risk Management, Technology

German company Eberspächer Gruppe GmbH & Co., which manufacturers exhaust systems for the British carmaker, was forced to suspend production at its plant in Nitra, Slovakia after the cyberattack more than two weeks ago. Eberspächer is a key supplier to JLR, which...

Cyberattack disruption at London hospitals contributed to patient death

by AIP Online Bureau | Jun 26, 2025 | Eco/Invest/Demography, Health, International News, Risk Management, Technology

“We are deeply saddened to hear that last year’s criminal cyberattack has been identified as one of the contributing factors that led to this patient’s death,” said Synnovis Chief Executive Officer Mark Dollar in a statement A cyberattack that caused disruption at...
Cyberattack costs Marks & Spencer $403 million in operating profit

Cyberattack costs Marks & Spencer $403 million in operating profit

by AIP Online Bureau | May 21, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The British retailer will try to mitigate the impact with cost savings and insurance payouts, it said Wednesday. Online clothing and home orders, which account for more than £3 million of sales a day and have been suspended for more than three weeks, will be disrupted...
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