
Ransomware Attack Debilitates Over 300 Small Banks in India
Risk Category – Cyber Risk A ransomware attack that targeted C Edge Technologies, a tech service provider, has led to a shutdown of payment systems

Meta’s Llama Open-Source Artificial Intelligence
Risk Category- Cyber Risk Meta has launched Llama 3.1, its largest and most advanced open-source Artificial Intelligence (AI) model to date, boasting 405 billion parameters.

Protest Against the Kenyan Financial Bill
Risk Category- Political Risk Introduction Nationwide protests erupted in Kenya against a finance bill proposing tax hikes. The demonstrations turned violent on Tuesday, in the

Biden Administration Bans the Kaspersky Software
Risk Category – Cyber Security /Economic Risk Introduction The Biden administration has decided to ban the sale and use of Kaspersky Lab software in the

Zomato’s Strategic Acquisition of Paytm’s Movies and Events Business
Risk Category: Economic Risk Introduction Zomato, India’s leading food delivery and restaurant discovery platform, is in advanced discussions to acquire Paytm’s movies and events business.

Microsoft’s Cyberwall Breach
Risk Category: Cybersecurity Risk Introduction: After Russian hackers exploited a vulnerability in a widely used Microsoft program during one of the most massive cyberattacks in

Fitch Upgrades India’s Economic Forecast
Risk Category: Economic Risk Introduction Fitch Ratings, in its quarterly Global Economic Outlook (GEO) report, revised India’s GDP forecast in the current fiscal year 2024-25

Volvo Shifts Electric Vehicle Production to Belgium to Counter Tariffs
Risk Category – Economic/ Technological Risk Introduction Volvo Cars, owned by China’s Geely, is shifting its production of electric vehicles (EVs) from China to Belgium

European Union: Protectionism or Trade Security?
Risk Category – Economic/ Geopolitical Risk Introduction: In a recent move by the European Union (EU), cars imported from China will face additional duties of