cybercrime – pressnews

5 things about AI you may have missed today: AI tool DrugGPT helping doctors, AI solutions for cybercrime and more

31Mar

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Technology

5 things about AI you may have missed today: AI tool DrugGPT helping doctors, AI solutions for cybercrime and more

[ad_1] AI tool DrugGPT helps doctors prescribe medicines safely in England; Shikha Goel urges tech pros to develop AI solutions for cybercrime; Intel's Core Ultra Chips: Powering next-gen laptops for content creators and gamers; BJP to utilise AI translation tool for PM Modi's speeches in South India. All this, and more in our daily roundup. Let us take a look.1. AI tool DrugGPT helps doctors prescribe medicines safely in EnglandA new AI tool, DrugGPT, from Oxford University aids doctors in prescribing medicines safely in England. It provides instant second opinions by analysing patient conditions, suggesting drugs, and highlighting potential adverse effects. Developed by Prof David Clifton's team, DrugGPT offers comprehensive explanations and competitive performance, easing doctors' bu...

Lockbit cybercrime gang faces global takedown with indictments and arrests

21Feb

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Lockbit cybercrime gang faces global takedown with indictments and arrests

[ad_1] An international law enforcement operation led by Britain's National Crime Agency and the FBI has arrested and indicted members of the Lockbit ransomware gang, in an unprecedented police operation that has struck one of the world's most notorious cybercrime gangs.The United States has charged two Russian nationals with deploying Lockbit ransomware against companies and groups around the world. Police in Poland and Ukraine made two arrests. The NCA, U.S. Department of Justice, FBI and Europol gathered in London to announce the disruption of the gang, which has targeted over 2,000 victims worldwide, received more than $120 million in ransom payments and demanded hundreds of millions of dollars, the DOJ said. Britain's National Crime Agency Cyber Division, with the U.S. Department o...

Over ₹10,300 crore siphoned off by cyber criminals since 2021: I4C

4Jan

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Over ₹10,300 crore siphoned off by cyber criminals since 2021: I4C

[ad_1] Over ₹10,300 crore were siphoned off from the country by cybercriminals since April 1, 2021, of which agencies managed to successfully block around ₹1,127 crore in the country, Indian Cyber Crime Coordination Centre (I4C) said Wednesday. Over 4.52 lakh cyber crime cases were reported on the National Cybercrime Reporting Portal (NCRP) in 2021, which rose by 113.7 per cent in 2022, with 9.66 lakh cases being reported on the portal, CEO of I4C Rajesh Kumar told reporters in an interaction here. I4C is a body established by the Ministry of Home Affairs to provide a framework and eco-system for law enforcement agencies for dealing with Cybercrime in a coordinated and comprehensive manner. We are now on WhatsApp. Click to join. Kumar said over 15.56 lakh cases were reported on NCR...

Deepfakes Threat: As cybercrime skyrockets, govt warns banks and fintechs about new AI risks

28Dec

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Deepfakes Threat: As cybercrime skyrockets, govt warns banks and fintechs about new AI risks

[ad_1] Recently, the finance and banking sectors have been exploring the benefits of artificial intelligence to improve their services, however, the same technology is hovering over them like a dark cloud. The threat of deepfakes is not only limited to cloning people's faces and creating fake photos and videos, but now it is being used to steal people's identity. With the help of deepfakes, tricksters are cloning people's voices to manipulate their friends and family members into emptying their bank accounts or revealing vulnerable information. The Indian government has now warned banks and fintech companies about the rising deepfakes threat in the coming months and wants them to strengthen security against cybercrime.To understand the deepfakes threat, one must know what it is. These a...

What is Storm-1152, alleged top creator of fake Microsoft accounts sold to cybercriminals?

16Dec

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What is Storm-1152, alleged top creator of fake Microsoft accounts sold to cybercriminals?

[ad_1] Microsoft has seized the websites of a Vietnam-based group it alleges sold millions of fake accounts to cybercriminals who used them for ransomware attacks, identity theft and other scams around the world. The group, identified by Microsoft as Storm-1152, developed sophisticated tools to defeat the US tech giant's security features to set up fraudulent Outlook and Hotmail email accounts in bulk.Who is in Storm-1152?Storm-1152 was first detected in 2021. Arkose Labs, the cybersecurity firm that worked with Microsoft against the group, tracked it to Vietnam. The leaders of the group are three Vietnam-based individuals, Duong Dinh Tu, Linh Van Nguyen and Tai Van Nguyen, Microsoft said in a statement on Wednesday. It is not clear if there are any other members. AFP has asked the thre...

Crypto Hacks Down, But Hackers Still Stole About $1.7 Billion in 2023 From Crypto Projects

13Dec

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Crypto Hacks Down, But Hackers Still Stole About $1.7 Billion in 2023 From Crypto Projects

[ad_1] The amount of funds crypto projects lost to hackers has declined by about half to around $1.7 billion so far this year, amid improved security measures and an uptick in law enforcement actions. Even with any additional hacks in December, this year will likely “finish with significantly lower totals than 2022,” according to TRM Labs, which helps clients detect financial crimes. Last year's tally of $4 billion from crypto hacks included a number of large thefts, such as a $600 million-plus attack on a blockchain network called Ronin bridge that was connected to the Axie Infinity game. “While we are always one Ronin-size hack away from a record setting year, the global focus on cybercrime is likely to, at least in part, mitigate some of the activity which is critical in order for t...

Bengaluru techie loses Rs. 61.5 lakh in online scam on Telegram; here is what happened

4Dec

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Bengaluru techie loses Rs. 61.5 lakh in online scam on Telegram; here is what happened

[ad_1] Online scams have become common nowadays due to tricksters being able to lure innocent people with their traps that include enticements and other tricks. Now, yet another shocking online scam story has been revealed by authorities. A 41-year-old Bengaluru techie lost over Rs. 61.5 lakh to a fraudster on the Telegram app. The same has happened with Uday Ullas who got a part-time job offer on Telegram. However, Ullas had no idea that he was going to fall victim to this online scam as he trusted the fraudsters. Know more about the horrific Bengaluru incident here. Online scam in BengaluruAccording to a Deccan Herald report, Ullas, a Bengaluru techie is a frequent user of the social media app Telegram. Ullas follows the app for stock market news and one day he received a part-time jo...

UPI fraud to sextortion, shocking rise in Cybercrime! Know how HP is dealing with this threat

3Dec

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UPI fraud to sextortion, shocking rise in Cybercrime! Know how HP is dealing with this threat

[ad_1] India is being applauded for following a path of digitalization and introducing the revolutionary digital payment mode UPI. However, digitalization has also led to some serious UPI fraud and crimes. In a concerning trend, Himachal Pradesh has seen a shocking surge in cybercrime complaints. Officials have reported at least one complaint every hour which includes cases of UPI fraud, job fraud, sextortion, and blackmailing. Know what officials have reported about these cybercrime cases.Staggering surge in cybercrimeAccording to a report by PTI, from January to October 2022, the state recorded 4,593 complaints, which escalated to a startling 8,152 in the same period in 2023. Financial frauds, social networking issues, and miscellaneous complaints witnessed a 77% increase, with Mandi,...

Hackers Are Exploiting a Flaw in Citrix Software Despite Fix

20Nov

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Hackers Are Exploiting a Flaw in Citrix Software Despite Fix

[ad_1] A critical flaw in software from Citrix Systems Inc., a company that pioneered remote access so people can work anywhere, has been exploited by government-backed hackers and criminal groups, according to a US cyber official.The flaw, dubbed Citrix Bleed, was abused by hackers in secret for weeks before it was found and a fix was issued last month, according to Citrix online posts and cybersecurity researchers. Since then, researchers say hackers have accelerated their exploitation of the bug, targeting some of the thousands of customers that haven't applied a patch. “We are aware that a wide variety of malicious actors, including both nation state and criminal groups, are focused on leveraging the Citrix Bleed vulnerability,” Eric Goldstein, executive assistant director for cybe...

Beware! Man loses Rs. 40000 in scary deepfake call scam! Check top 5 tips to stay vigilant

11Nov

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Technology

Beware! Man loses Rs. 40000 in scary deepfake call scam! Check top 5 tips to stay vigilant

[ad_1] Getting a call from a friend in need is something we all want to help with, especially if their family member is in the hospital. But what if that call turns out to be a scary scam? That's what happened to Radhakrishan P S, a former Coal India executive who lost Rs. 40000 in a deepfake scam. Considering the progress these cybercriminals have made with the help of AI tools, you too may be targetted and therefore, there is an urgent need to stay vigilant. Know what happened and how to protect yourself.On July 9, Radhakrishan received WhatsApp messages and a video call from an unknown number. The person claimed to be Venu Kumar, a friend of 40 years from Radhakrishan's Coal India days. The conversation seemed real, with shared memories and photos. The fake friend urgently asked for ...