Risk Category: Economic risk Introduction Since Russia’s military invasion of Ukraine in 2022, numerous stakeholders have been advocating and urging multinational enterprises (MNEs) to withdraw from Russia. Western governments have implemented sanctions that limit various (though not all) business operations in Russia, prompting many businesses to declare their intention to cease operations in Russia. Western… […]
Risk Category: Cybersecurity Risk Threat intelligence firm Cyble has identified a new Android banking trojan named Antidot, which poses as a Google Play update to steal user credentials and conversations. Detected in early May, Antidot uses overlay attacks and a range of capabilities, including remote control via VNC, keystroke logging, screen recording, and device locking/unlocking.… […]
Risk Category: Geopolitical Risk India has issued an advisory for students studying in Kyrgyzstan. In Bishkek, international students including those from India and Pakistan are facing threats of violence from the locals. The issue had its inception in a video that went viral showing a fight on May 13 between Kyrgyz students and international students… […]
Risk Category: Geopolitical Risk Turkey has imposed a blanket ban on trade with Israel. All imports and exports between the two countries fall within the ambit of the ban. The year 2023 recorded a bilateral trade of 6.8 billion USD between the two countries. The move comes against the Israeli offensive in Gaza and Ankara’s… […]
The world watched aghast as Moscow witnessed its most terrifying attack in over two decades when masked men opened fire at a concert hall. Warning calls were made and responsibility claimed. Despite having captured the ‘perpetrators’ the larger picture remains horrific and what seemed like a culmination of years of discontent, may only be the beginning.
Today's insight focuses on the generative AI platform OnlyFake, which is generating hyper-realistic fake identities, disrupting identity, financial as well and cyber security. The evolution of such technologies creates ethical and practical dilemmas as authorities struggle to protect sensitive data, public security and economic integrity.
The Israel-Hamas conflict has a domino effect away from the war theatre, where Houthi rebels are posing threats to the shipping lanes in the Red Sea and the major trade route through Suez supporting Hamas. The U.S.-led naval coalition responded through Operation Prosperity Guardian to safeguard the sea lanes vital to trade.
Iran launched an unprecedented assault with missiles and drones on Jaish al-Aldi, a Sunni militant group’s two bases in Pakistan’s Balochistan, which resulted in Pakistan’s retaliation through airstrikes deep inside Iranian territory on Baloch separatist camps, further escalating tensions across the regions with a potential to impact trade and commerce.