Business News: India is currently 10th in the world on ransomware attacks and small businesses with up to 500 employees, are at the highest risk of accounting for more than half of all attacks (54.7%). In India, tech/IT is the top industry hit by ransomware, 24.40% of all attacks, which is followed by the manufacturing Industry 10.90%, according to cyber security firm NordLocker.
LockBit and Ragnar Locker were the most active ransomware gangs in India and were responsible for 13% and 7.80% of attacks in the January 2020 July to 2022 period of time. About 17% of ransomware attacks in India attack businesses that have over Rs 80 billion in annual revenue. However, most often, ransomware in India targets companies with annual revenue between Rs 8-40 billion meanwhile, 41.5 %.
Companies with an employee count of between 201-500 are the victims of 22.60% of attacks, and the company with 1001-5000 employees is the victim of 17% of ransomware hacks in the country. About 11.3% of ransomware attacks in India target companies that employee more than 10,000 employees, and analyzed the numerous databases of ransomware incidents that affected over 5,000 companies globally. And Approximately 21% of attacks in India target companies that are publicly traded.
Furthermore, Tomas Smalakys NordLocker CTO said, that this type of attack is extremely effective, and in the past few years, the cases have grown rapidly, while cyber security awareness has failed to catch up. Consumer services, finance, and energy industries are the types of other most affected companies by ransomware in India.
Tomas Smalakys further said that the first small businesses are the top targets for them because cyber security is often, smaller companies prioritize growing their operation and leaving cyber security on the sidelines.
Business News: Technology is continuously growing fast, and to follow this, Tata motors launched three new models of pickup vehicles Yodha 2.0, Intra V20 bi-fuel, and Intra V50 on Monday in Hyderabad. These cater needs of agriculture, dairy, poultry, FMCG, e-commerce, and logistics sectors. Tata Motors delivered 750 vehicles to customers across the nation.
The Executive director of Tata Motors, Girish Wagh said, The new vehicles offer the high payload capacity, large deck length, high power, and long-range with safety and comfort features. The model Yodha is also available in 1200, 1500, and 1700 kg rated payload options while Intra V59 offers 1500kg rated payload capacity. The Intra V20 is India’s first bi-fuel meanwhile, CNG and Petrol pickup with a 1000kg payload and the longest range of 700km.
This newly launched vehicle, comes up with a new design and offers the highest load carrying capacity, high power, largest deck length, and longest range and are equipped with several essential for a safe and comfortable drive. Designed and engineered to cater to a wide variety of urban and rural applications, the new variants are ideal for serving the diverse mobility needs of the fast-growing poultry and dairy sectors as well as expanding the delivery requirements of FMCG, e-commerce, and logistics sectors.
Hyderabad: Canada’s Immigration Minister Sean Fraser has revealed a plan to increase the number of international students and foreign workers with extensive work experience for permanent residency in fields where a constant labor shortage. This thing took place after MP Randeep Sarai’s Private Member’s Motion M-44 was approved by the House of Commons in May.
The Justin Trudeau government is likely to focus to generate more avenues to permanent residency possible since temporary foreign workers and international students are very important to Canada’s economy. The foreign workers bring a wide range of skill sets and educational backgrounds and assist in the corporate growth, productivity, and creativity all of which contribute to the economic recovery and growth of Canada. The Minister said, International students, will assist Canada’s workforce to expand, increase productivity and counteract the effect of an ageing population.
The minister aims to assist people in making the transition from temporary to permanent residency by changing the current pathways for the foreign nationals who are working in Canada and looking for sating options, including international student graduates. However, he further said that many existing programs already offer a pathway to permanent residency for temporary foreign workers and international student graduates in Canada.
According to the immigration plan for 2022-24, Canada will have a greater and permanent labor supply to solve the labor market shortages and to support the post-pandemic economic recovery. So this proposal may raise the chances for more temporary employees to convert into permanent residents. Canada will be giving the immigration selection methods under the express entry system more freedom, mainly in order to the points provided for Canadian work experience, education, language ability, and job offers. Also, they will be looking into better ways to move in-demand main workers like doctors, by reducing the hurdles, and improvements in pilot programs will be made to help the agri-food industry and provide in-home care transition to permanent residences.
Health Updates: Most people have pets these days. Are you looking for a break from your busy schedule studies can be more relaxing if you do some activities with your pet? Having a regular long walk with your pet routine can be beneficial for you and your pet as well. If you like, painting, sketching, or other things, then start doing it on your pet and also share it on social media.
You can try playing tug of war with your dog, with a rope or an old cotton cloth that can withstand the fellow’s sharp teeth of your pet. All the pets enjoy this activity as much as a human does. And the best thing is that your pet will learn self-control and how to use his/her energy in productive energy and also play hide and seek or ball fetching.
If you have a good space indoors, take your pet there and play a game with him/her, it will give both of you energy. If you don’t have any toys with you, throw a plastic bottle and see your pet fetch it.
Did you try a workout session with your pet? It can be fun too to do meditation and yoga or some aerobics exercise with the little ball of fur. Or you can also take a power nap together with your pet and relax your mind.
You know what, experts and psychologists say they have a very positive influence on human beings and can be one’s best stress busters.
Technology News: The U.S space agency NASA has officially announced to fund three studies to better understand the growing problem of Space Junk, to analyze the economic, social and political issues which is associated with the space sustainability.
The Associate administrator for the (OTPS), Office of Technology, Policy, and Strategy at NASA, Ms. Bhavya Lal said that, orbital debris is one the bug challenges of our era. Maintaining our ability to use space is very critical for the economy, Nation’s science and technology, and Nation’s security.
This fund will help in research of the space debris and understand the dynamics of the orbital environment, and also how we can develop the things to limit the space debris creation and reduce the effect of existing space debris.
The Orbital Space debris, is the human made or man-made objects that orbiting the Earth, but now no longer used, some mission related objects, non-functional space crafts, satellites, abandoned rocket stages, that are moving into the space unnecessarily. NASA takes the matter seriously because orbital debris can harm space crafts, impede the development of a LEO economy.
So these fund for research about the space junk that supports to the space agency’s commitment to solve the problem. While last month, Digantara, a Bengaluru based startup, said that they are on a mission to compile data on the space debris. They are all set to send their 40 satellites that are going to study data on space junk in LEO and these 40 satellites are going to launch early next year.