Risks

Germany's financial regulator BaFin warned Tuesday of the "very big" risk of cyberattacks targeting the financial sector, a threat it said had become "more likely" since Russia's war on Ukraine."The risk that companies in the financial sector will fall victim to cyberattacks or that internal IT security incidents will occur is very big and very present," BaFin president Mark Branson told a press conference.In extreme cases, "such incidents could damage the stability of the financial system", he said."Are we prepared for a…

Credit: Pixabay/CC0 Public Domain UK and international representatives from civil society and beyond are calling on the UK Government to better support refugees coming from Ukraine, in a report by UCL experts for the Independent Anti-Slavery Commissioner (IASC). …

In the wake of the world witnessing yet another surge in Covid-19 cases, a modelling study published on Monday has said that unvaccinated people threaten the safety of those who are vaccinated against Covid-19 even when the immunisation rates are high.  Researchers from the University of Toronto in Canada used a simple model to explore the effect of mixing between unvaccinated and vaccinated people to understand the dynamics of an infectious disease like SARS-CoV-2, according to news…

Tesla Chief Executive Officer Elon Musk said on Sunday the US electric carmaker and his rocket company SpaceX are facing significant inflationary pressure in raw materials and logistics.Musk in a tweet also asked about inflation rate outlook and said his companies "are not alone", retweeting an article saying the Ukraine-Russia conflict sent commodity prices to their highest levels since 2008.Russia's invasion of Ukraine has been ramping up the prices of metals used in cars, from aluminum in the bodywork to palladium in…

Six out of 10 children aged between eight years to 12 years are subject to cyber risks online, shows a study by cybersecurity firm Surfshark. The number of cybercrimes against children is rising sharply each year and with the sudden rise in remote schooling, it surged by 144 percent in 2020, notes the report. One in two children face cyberbullying, and around one-third come across phishing or hacking. In the US, around 12 million children were exposed to cyber risks in the past three years. The report suggests that…