Qantas Slashes Former CEO Alan Joyce’s Pay by A$9.26 Million Amid Scandals
Qantas has cut former Chief Executive Officer (CEO) Alan Joyce's remuneration by A$9.26 million ($6 million) after a Board review found him partially responsible for the airline’s reputational and operational challenges following the COVID-19 pandemic.
The Average Cost Of Data Breaches In India Is $2.18 Million: RBI Report
According to the Reserve Bank of India's (RBI) Currency and Finance report for 2023–24, the average cost of data breaches in India rose to $2.18 million in 2023, marking a 28% increase since the year 2020.
Citigroup Fined $136 Million for Risk Management Failures
Regulators have imposed a $136 million fine on Citigroup for not addressing persistent shortcomings in its controls and risk management.