Risk Management

 Organisations must review outsourcing arrangements to mitigate geopolitical risk: Gartner

Indian News       Nov 20, 2019

  BENGALURU: Fears of geopolitical instability may impact the global offshore services market, as sourcing, procurement and vendor management executives review their options to mitigate risk, according to Gartner, Inc.   The offshore outsourcing market has been relatively stable in recent years, with organisations using a mix...

No proposal to link social media accounts of individuals to Aadhaar: Ravi Shankar Prasad

Indian News       Nov 20, 2019

   New Delhi: The government has no proposal for linking Aadhaar with social media accounts of individuals, Parliament was informed on Wednesday.   "There is no such proposal with the government for linking Aadhaar with social media accounts of individuals," Information Technology Minister Ravi Shankar Prasad said...

Vulnerability detected in WhatsApp; CERT-In issues advisory

Indian News       Nov 20, 2019

  New Delhi: An Indian cyber security agency has warned WhatsApp users against a "vulnerability" that can attack this popular social media messaging app and compromise individual system without seeking permissions.   The Computer Emergency Response Team-India (CERT-In) has issued an advisory in this context calling the...

Employment growth has slowed in last two years: CARE Ratings study

Indian News       Nov 19, 2019

  Mumbai: The employment growth in the country has slowed down in the last two years, to 3.9 per cent in 2017-18 and 2.8 per cent in 2018-19 as the core industries have witnessed virtually, a negative growth in hiring, according to a study.   "In terms...

SBI Life's Roop Kumar to chair RIMS India Regional Advisory Group

Indian News       Nov 18, 2019

  NEW YORK: US based ``The Risk and Insurance Management Society, Inc (RIMS)'' announced the appointment of N.K.V. Roop Kumar,EVP & Chief of Risk, Info & Cyber Security Management of SBI Life Insurance Company, as chair of RIMS Regional Advisory Group in India.   RIMS Regional Advisory...

India leads mobile ad fraud in Asia, blockchain can help fix issues: Report

Indian News       Nov 18, 2019

India is leading mobile ad fraud in Asia with a rate of 62 per cent as marketers are spending nearly 20 per cent of their advertising budget on ad fraud, a new report said on Monday.   Nine out of 10 marketers said there is scope...

FBI warns on rise in sophisticated Cyber crimes

International News       Nov 14, 2019

  On Dec. 14, 2018, Aaron Cole was about to buy a new house and received an email that he thought was from his title company, directing him to make a $123,000 deposit.   Cole complied, not realizing that a sophisticated hacker network had likely been spying...

Lloyd’s to create single governing body, merging Council and Franchise Board

International News       Nov 10, 2019

  London: Re/insurance market Lloyd’s announced its decision to merge the Council of Lloyd’s and the Franchise Board, effective from June 1, 2020, after receiving widespread support from across the market.   The news follows five months of consultation across the Lloyd’s market, with more than 90%...

Moody's cuts India outlook to negative, predicts 'prolonged slower growth

Indian News       Nov 08, 2019

  New Delhi: India’s credit ratings outlook was cut to negative by Moody’s Investors Service, the first step toward a downgrade, as concerns mount the economic slowdown will be prolonged and debt will rise.   Moody’s projects a budget deficit of 3.7% of gross domestic product in...

Global debt load surges to new all-time record high of $188 trn: IMF chief

International News       Nov 07, 2019

  Washington: The global debt load has surged to a new all-time record equivalent to more than double the world's economic output, IMF chief Kristalina Georgieva warned Thursday.   While private sector borrowing accounts for the vast majority of the total, the rise puts governments and individuals...

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