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UK-Pune based QiO Technologies is an industrial software analytics company that focuses on digital transformation. QiO differentiated itself by complying with and certifying its products with European GDPR standards, creating trust and a wider client-base. It offers a unique subscription plan based on investment returns, making it an attractive option for manufacturing MSMEs.
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A ransomware attack recently targeted Kaseya, a software services company in the U.S., for $70 million, incapacitating hundreds of its clients globally. There is an increasing incidence of such attacks, with perpetrators targeting government agencies and high-tech companies, leading to considerable economic losses. How can governments mitigate these threats and attribute responsibility to those accountable?
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For years, Western countries have used sanctions as a means of economic warfare against their adversaries. Now, China and Russia are utilising the same tactic against the West. The United Nations Security Council is paralysed by differences between the five permanent members, leaving the tools of unilateral sanctions and counter-sanctions to proliferate at the cost of UN-approved multilateral sanctions.
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With the U.S.-led Artemis Accords gathering momentum, and China and Russia joining hands, space exploration is becoming economically important. Countries increasingly want to participate in the space exploration economy and are partnering with space superpowers that have aligned geopolitical and geoeconomic interests. India, too, must do the same, says Dr. Chaitanya Giri, Fellow, Space and Ocean Studies Programme.
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Big Tech is powerful and its profits are growing - by 105% over the last year. It dominates economies. This raises concerns about data protection and privacy, anti-trust, fintech and the specific role of intermediaries. India is leading the way on fintech, but is behind several countries and institutions on digital rules. It is important to establish laws and rules to govern technology – whether domestic or through multilateral bodies – with the aim to strike the right balance between innovation and regulation.
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Individuals now generate copious amounts of personal data everyday – both online and offline. Devices and infrastructure extract data, which can be shared instantly across borders with diverse entities - without consent. It is imperative that countries come together to create regulations to protect individuals who are unable to control how their data is shared and processed. A model already exists in the Paris Climate Agreement.
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There has been an increasing need for the regulation of content on social media platforms like Twitter, WhatsApp and Facebook. Ambika Khanna, Senior Researcher for International Law Studies Programme explains the legal concerns associated with intermediaries