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Ransomware attacks hit record 300 mn in 1st half of 2021: Report

In line with spikes in global data, the researchers also recorded alarming ransomware spikes across key verticals, including government (917 per cent), education (615 per cent), healthcare (594 per cent) and retail (264 per cent) organisations.
“In a year driven by anxiety and uncertainty, cybercriminals have continued to accelerate attacks against innocent people and vulnerable institutions,” Bill Conner, President and CEO, Sonic Wall, said in a statement.

Zoom to settle US privacy lawsuit for $85 mn

The suit charged that Zoom’s sharing of users’ personal data with Facebook, Google and LinkedIn was a breach of privacy for millions.

While Zoom denied wrongdoing, it did agree to improve its security practices.

Talent war’ pushing white-collar pay higher, British recruiter says

“A war for talent and significant wage inflation is beginning to emerge,” Robert Walters’ eponymous chief executive said in a statement accompanying the group’s first-half results, though he didn’t specify what level of pay rises the company was seeing.

Walters’ remarks on higher salaries align with stories of pay hikes by European lenders Deutsche Bank and UBS and at Wall Streets banks, while data has shown more people are changing jobs or quitting following months of uncertainty during lockdowns.

Shipping losses stay at historic lows, but Asia remains largest global loss hotspot:Allianz

“Overall, the frequency of marine claims has not reduced. We are also seeing an increased cost of hull and machinery claims due to delays in the manufacture and delivery of spare parts, as well as a squeeze on available shipyard space,” says Justus Heinrich, Global Product Leader, Marine Hull, at AGCS.

“Overall, the frequency of marine claims has not reduced. We are also seeing an increased cost of hull and machinery claims due to delays in the manufacture and delivery of spare parts, as well as a squeeze on available shipyard space,” says Justus Heinrich, Global Product Leader, Marine Hull, at AGCS.

The world’s piracy hotspot, the Gulf of Guinea, accounted for over 95% of crew numbers kidnapped worldwide in 2020. Last year, 130 crew were kidnapped in 22 incidents in the region – the highest number ever – and the problem has continued. Vessels are being targeted further away from the shore – over 200 nautical miles (nm) in some cases.

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