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Indian

Wide-ranging reforms make India attractive destination for investment: FM

She also mentioned this year’s budget initiative pertaining to International Financial Services Centre (IFSC) at GIFT City, where the government is committed towards developing it into a globally competitive hub for innovation and financial activities to serve the Indian economy and the region as a whole.

2000% increase in cyber security breaches during pandemic

“In India, almost every sector has been breached because they all are inter-connected. During the pandemic, the number of breaches increased by 2,000 per cent because we were using ASL or DSL from home. ASL, DSL, fibre, nothing is secured, this whole scenario reflects that your sensitive information is at risk and is being used for a variety of purposes, causing financial fraud, causing a threat to national security,” Rai said.
The Ministry of Home Affairs’ National Cybercrime Reporting Portal (NCRP), which was launched in August 2019, has recorded over four lakh complaints, with about 50 per cent related to financial frauds, revealed Ashok Kumar, Director, Ministry of Home Affairs.

International

Car makers befriend hackers to learn about cyber vulnerabilities

“Carmakers have been discovering new issues with their traditional architectures thanks to white hat hackers, which highlighted security needs for carmakers and suppliers alike,” said Harel, who operated a station where hackers could try to modify a model traffic light.

U.S.-China trade war leading to recession

The year-long trade dispute has revolved around issues such as tariffs, subsidies, technology, intellectual property and cyber security, among others

Hurricane activity could pick up as El Nino fades, say forecasters

The National Oceanic and Atmospheric Administration’s Climate Prediction Center said Thursday the Atlantic season looks more active than normal as peak hurricane season begins. Forecasters now expect 10 to 17 named storms, with five to nine hurricanes and two to four major ones.In May, they forecast a normal season, one or two fewer named storms and hurricanes.

EU fights spread of African swine fever with 10 countries now affected

The situation “is very worrying,” EU Commission spokeswoman Anna-Kaisa Itkonen told a media briefing , urging action against a “catastrophic animal disease” which industry officials in Bulgaria fear could cause damages of up to 2 billion levs ($1.15 billion).

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