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Cyberattacks on supermarket freezers across Europe raise physical loss risks: MS Amlin

Cyberattacks on supermarket freezers across Europe raise physical loss risks: MS Amlin

by AIP Online Bureau | Nov 4, 2026 | International News, Non-Life, Reinsurance, Technology

“Hospitals, hotels, pharmaceutical and vaccine cold chains, and food manufacturers could all face comparable exposures. The common thread is that many operational systems were built to run for decades and were only later connected to the internet to enable remote...
India puts food before fuel as El Niño dents ethanol ambitions

India puts food before fuel as El Niño dents ethanol ambitions

by AIP Online Bureau | Nov 4, 2026 | Eco/Invest/Demography, Indian News

A severe ⁠El Niño this year cut India’s monsoon rainfall by nearly 13% from normal levels, and concerns about crop shortages sent corn and sugar soaring some 40% to ​hit record highs, while rice — another ethanol feedstock — climbed 20%. Retail food inflation...
AI-based cyber threat executing unauthorised fund transfers from banking firms: Cert-In

AI-based cyber threat executing unauthorised fund transfers from banking firms: Cert-In

by AIP Online Bureau | Nov 4, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Cert-In said that continued analysis of incidents reported by affected entities, including non-banking financial companies (NBFCs), digital lending platforms, fintech entities, payment aggregators, payment service providers and cryptocurrency exchanges or virtual...
CERT-In flags security vulnerabilities in specific versions of Tata Motors’ connected vehicle apps

CERT-In flags security vulnerabilities in specific versions of Tata Motors’ connected vehicle apps

by AIP Online Bureau | Nov 4, 2026 | Indian News, Risk Management, Technology

The warning flags a risk of unauthorised access to sensitive information, user impersonation and unauthorised modification of application data. Impact Assessment: Potential for unauthorised access and modification of data with the privileges of the impersonated user....
SBI vows to strengthen cybersecurity after data breach

SBI vows to strengthen cybersecurity after data breach

by AIP Online Bureau | Nov 3, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

C S Setty,Chairman.SBI SBI is also working with the banking industry to establish a common sandbox, or controlled testing environment, to evaluate artificial intelligence models and identify potential cybersecurity threats. Mumbai: State Bank of India (SBI), the...
IRDAI urges insurers to adopt face authentication

IRDAI urges insurers to adopt face authentication

by AIP Online Bureau | Nov 3, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Technology

Insurers were told to avoid forcing visitors to their website to part with personal details such as mobile number, as a condition for getting access to information or generating a quote. Hydearabad: A workshop on Aadhaar Authentication, DigiLocker and Dark Patterns...
New cyberattack on supermarket fridges sweeps across Europe

New cyberattack on supermarket fridges sweeps across Europe

by AIP Online Bureau | Nov 3, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

The attack, which raised temperatures in refrigerator and ‌freezer units at dozens of stores, hit supermarket groups Ahold Delhaize and Colruyt in Belgium and Luxembourg, as well as Swedish grocers ICA and Coop. Furniture-to-meatballs retailer IKEA also saw at least...
Spandana Sphoorty Financial reports Rs 7.80-cr cyber fraud incident

Spandana Sphoorty Financial reports Rs 7.80-cr cyber fraud incident

by AIP Online Bureau | Nov 2, 2026 | Briefs, Eco/Invest/Demography, Technology

Microlender Spandana Sphoorty Financial on Monday disclosed a cyber fraud incident involving unauthorised transactions of Rs 7.80 crore debited from one of its bank accounts on November 1. The company said the unauthorised transactions of approximately Rs 7.80 crore...

by AIP Online Bureau | Nov 2, 2026 | Workplace/Employee Benefits

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by AIP Online Bureau | Nov 2, 2026 | Workplace/Employee Benefits

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Recent Posts

  • Cyberattacks on supermarket freezers across Europe raise physical loss risks: MS Amlin
  • India puts food before fuel as El Niño dents ethanol ambitions
  • AI-based cyber threat executing unauthorised fund transfers from banking firms: Cert-In
  • CERT-In flags security vulnerabilities in specific versions of Tata Motors’ connected vehicle apps
  • SBI vows to strengthen cybersecurity after data breach

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