Indian
Govt proposes penalty of up to Rs 500 cr for data breach under Data Protection Bill
The draft bill, renamed as The Digital Personal Data Protection...
Emerging Risks: Financial sector reliance on 2-3 big tech cos poses major risks, says Axis Bank CEO
Amitabh Chaudhry, managing director and chief executive warned that...
Oriental Insurance CMD Anjan Dey puts in his papers on health grounds
Anjan Dey, CMD, Oriental Insurance Company N Ramaswamy,general...
Medi Assist acquires majority stakes in UK-based healthcare company Mayfair
Satish Gidugu, CEO, Medi Assist said,“ With Indian corporates...
International
Pharma has limited legal options if vaccine patents waived
Still, some vaccine producers, like Moderna Inc. and Pfizer Inc., might sue the U.S. to recoup some of their losses, said Matthew Howell, an intellectual property attorney at Alston & Bird in Atlanta. If the manufacture of the vaccine is done in the U.S., under the government’s authorization, there are avenues for compensation in American courts.
EU top court upholds ban on Bayer pesticides linked to harming bees
The Commission in 2013 restricted the use of the neonicotinoids, meaning they could not be used on maize, rapeseed and some spring cereals. They could still be used for other crops, such as sugar beet.
The Commission had reviewed the approvals because of the loss of bee colonies due to the misuse of pesticides.
AXA halts ransomware crime reimbursement in France
“The word to get out today is that, regarding ransomware, we don’t pay and we won’t pay,” cybercrime prosecutor Johanna Brousse said at the hearing.
Only the U.S. surpassed France last year in damage from ransomware to businesses, hospitals, schools and local governments, according to the cybersecurity firm Emsisoft, estimating France’s related overall losses at more than $5.5 billion.
United States’ biggest gasoline pipeline halted after cyber-attack
Hacking threats to critical infrastructure have been growing, prompting the White House to respond with a plan to try to increase the security of utilities and their suppliers.
The first leg of that effort, announced April 20, will address security holes in the electrical grid, before moving to other sectors, including the country’s gas pipelines and water utilities.
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