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Chinese tax software’s hidden malware endangers networks of western countries

A state-owned bank in China had required the tech company to download software called Intelligent Tax to facilitate the filing of local taxes. The tax software worked as advertised, but it also installed a hidden back door that could give hackers remote command and control of the company’s network, according to a report published Thursday by the SpiderLabs team at Chicago-based Trustwave Holdings Inc. (The cybersecurity firm declined to identify the bank)

Covid-19 Pandemic: $30 bn needed to develop tests, treatments, vaccines,says WHO

Renewing its call on Friday for global collaboration against the pandemic, it said $3.4 billion had been contributed for the coalition to date, leaving a funding gap of $27.9 billion. Of that, $13.7 billion was “urgently needed”.

The WHO is working with a large coalition of drug-development, funding and distribution organisations under what it calls the ACT-Accelerator Hub.

The initiative is intended to develop and deliver 500 million Covid-19 tests and 245 million courses of new treatment for the disease to low- and middle-income countries by mid-2021, it said in a statement.

Covid-19 triggering panic attacks, depression and suicides, say experts

Nervousness, fear of contamination, panic attacks, constant reassurance-seeking behaviour, sleep disturbance, excessive worry, feelings of helplessness and the probability of an economic slowdown are the major factors leading to depression and anxiety among the people, they add.

Potential job losses, financial burden, uncertainty about the future and fears of running out of food and necessities add to the worries.

Online platforms too have seen a growing number of people seeking help for mental health issues, ranging from anxiety and loneliness to concerns over productivity and job loss since the outbreak of Covid-19.

Locusts reach national capital outskirts; south, west Delhi on high alert

In May, India battled a devastating desert locust outbreak. The crop-destroying swarms first attacked Rajasthan and then spread to Punjab, Gujarat, Maharashtra and Madhya Pradesh.

According to experts, broadly four species of locusts are found in India — desert locust, migratory locust, Bombay locust and tree locust. The desert locust is considered the most destructive.

It multiplies very rapidly and is capable of covering 150 kilometers in a day.

UK pharma firm AstraZeneca most advanced In COVID-19 vaccine race: WHO

The British drugmaker has already begun large-scale, mid-stage human trials of the vaccine, which was developed by researchers at University of Oxford.
WHO chief scientist Soumya Swaminathan said Moderna’s Covid-19 vaccine candidate was “not far behind” AstraZeneca’s, among more than 200 candidates, 15 of which have entered clinical trials.

Covid-19:89% senior Indian citizens relied on video calling during crisis

A report released by Ericsson Consumer Labs suggests 89 per cent Indians aged 60 and above agree that reliable video calling helped them stay in touch with persons close to them during Covid-19 crisi
“Eighty per cent Indians agreed that connectivity and devices helped them in staying in touch with their family and friends. A total of 77 per cent believed that it helped their children with easy access to education and the same percentage also believed that it helped them to fulfil their work commitments,” a press release read.

No reason for a country to include coal in Covid-19 recovery plan:UN Chief

There is no good reason, for example, for any country to include coal in their COVID-19 recovery plans. This is the time to invest in energy sources that don’t pollute, don’t cause emissions, generate decent jobs and save money, the UN Chief said, adding that the United Nations is strongly committed to leading the renewal.

Pakistan pilot licence irregularities are ‘serious lapse’ – IATA

“We are following reports from Pakistan regarding fake pilot licences, which are concerning and represent a serious lapse in the licensing and safety oversight by the aviation regulator,” an IATA spokesman said, adding that the organisation was seeking more information.

Pakistan’s civil aviation authority has found that some 150 of PIA’s 434 pilots have “dubious licences”, the airline said.

IMF warns markets at risk of correction after run-up

A correction could be prompted by a deeper and longer recession than currently anticipated, a second wave of the virus or reinstated containment methods. A broadening of global social unrest in response to rising economic inequality could also damage investor sentiment, the IMF said.

“We worry about scarring in the economy, meaning the crisis might be longer than expected and deeper than expected,” said Adrian. “Scarring is due to the high level of unemployment and the potential for insolvency. These are difficult to reverse.”

Thunderstorm, lightning kill 110 people in Bihar and UP 

The lightning strikes were more devastating in Bihar, where 83 people have lost their lives since Wednesday, according to the figures released on Thursday by the Disaster Management Department in Patna.

More than 20 people have been injured in these incidents and hospitalised, they said. 

Meanwhile, in the neighbouring Uttar Pradesh, at least 24 people died when they were struck by lightning on Thursday, while 12 were injured, officials said in Lucknow.

ICICI Lombard’s new retail cyber cover to insure financial or reputation losses upto Rs1cr

The policy can be purchased at an affordable rate by all digitally active individuals. The premium ranges from Rs 6.5 per day to Rs 65 per day. The Sum Insured for the cover ranges from Rs  50,000 to Rs 10,000,000 as opted by the policyholder. The policy provides coverage to the entire family, including children for a duration of 1 year.