Singapore is adopting a more focused approach to artificial intelligence (AI) as governments worldwide grapple with the technology’s implications. Singapore’s Infocomm Media Development Authority (IMDA) needs to consider regulating artificial intelligence. As the city-state’s media and communication regulatory body, the IMDA promotes responsible AI usage rather than imposing immediate regulations. A new AI testing toolkit, Continue reading

Almost half of Indian companies have adopted artificial intelligence (AI) and analytics to streamline their processes, according to a recent study. Data shows that 54% of these companies deploy AI and analytics to reduce costs and increase operational efficiency. Global consultancy PricewaterhouseCoopers (PwC) found that digital pioneers from various sectors in India know the importance Continue reading

Banking and insurance can be a complex world, and misselling may occur. A bank agent engages in deceptive or unfair tactics while selling insurance policies. Policies that promise outsized returns, sell unnecessary policies, or offer policies with terms and conditions contrary to those initially discussed can fall into this category. Due to the seriousness of Continue reading

In early June, Microsoft announced that cyberattacks caused its service disruptions. In addition to Outlook email, OneDrive file-sharing, and the company’s cloud computing platform, the company’s flagship office suite was affected. It has now been confirmed by the software giant that Distributed Denial of Service (DDoS) attacks were perpetrated by a mysterious entity called Storm-1359. Continue reading

The pollution of water poses significant threats to ecosystems and human health. In response to this issue, an innovative artificial intelligence (AI) project has been developed in collaboration between the computer systems company CGI and mapping experts Ordnance Survey. The goal is to predict when local river systems are most likely to be polluted, especially Continue reading

To boost train travel safety, the Central government intends to implement Kavach, a sophisticated anti-collision mechanism, throughout the whole dedicated freight corridor (DFC) network, as stated by R K Jain, the Managing Director of the Dedicated Freight Corridor Corporation of India (DFCC). Prioritizing Safety In a statement to Business Standard, Jain stated, “We are committed Continue reading

CyberArk released a startling report on Sunday revealing that 91% of Indian organizations were affected by ransomware attacks in 2022. Indian businesses are becoming increasingly vulnerable to cyber threats, and a more robust digital security infrastructure is needed (IANS, 2023). A Rise in Double Extortion Campaigns Most companies affected by these cyber attacks paid ransoms Continue reading

On May 10, the European Commission and co-legislators signed the Carbon Border Adjustment Mechanism (CBAM), marking a significant stride in the global fight against climate change. As of October 1, this mechanism requires certain goods to report carbon emissions. Understanding CBAM The Carbon Border Adjustment Mechanism is an initiative by the EU to reduce the Continue reading