Tag: Information Technology

‘Masti’ actor Aftab Shivdasani falls prey to KYC fraud, loses  ₹1.50 lakh; know how it happened
Technology

‘Masti’ actor Aftab Shivdasani falls prey to KYC fraud, loses ₹1.50 lakh; know how it happened

[ad_1] Bollywood actor Aftab Shivdasani became a victim of cyber fraud and lost ₹1.50 lakh after he received a text message in which he was asked to update his Know Your Customer (KYC) details linked to a leading private sector bank, police said on Tuesday. The incident took place on Sunday and a case in this connection was registered the next day, an official of Bandra police station said. "The actor received a message from a mobile number unknown to him. In the message, he was instructed to update his KYC details linked to the bank, failing which his account will be suspended. Shivdasani clicked on the link mentioned in the message. As he followed the instructions, he received a message that ₹1,49,999 were debited from his account," he said. The actor then contacted the bank's branc...
Payment gateway company account hacked! Cybercriminals get away with whopping Rs. 16,180 cr
Technology

Payment gateway company account hacked! Cybercriminals get away with whopping Rs. 16,180 cr

[ad_1] In one of the worst cyber attack cases, it has been revealed that cybercriminals hacked into a payment gateway account and made off with as much as Rs. 16,800 crore! Thane Police have registered an FIR, which states that a group of persons allegedly hacked into a payment gateway service provider company's account and siphoned off the funds from different bank accounts. What is even more shocking is that these cybercriminals managed to do this over a period of time without anyone actually finding out.The fraud was taking place since long and came to light following a complaint lodged with Srinagar police station in Maharashtra's Thane city, PTI reported. The complaint alleged hacking of the payment gateway account of the company here in April, 2023 and Rs. 25 crore being siphoned ...
Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet
Technology

Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet

[ad_1] Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into software and artificial intelligence-powered data analysis.The networking giant will pay $157 a share in cash, the companies said in a statement Thursday, or a 31% premium to Splunk's closing price on Wednesday. The purchase represents roughly 10% of Cisco's market value. Under Chief Executive Officer Chuck Robbins, Cisco has been trying to lessen its dependence on one-time sales of expensive hardware and shift toward software and services. Splunk is its most expensive push yet into that area and will help Cisco reach a broader base of customers, who can use the new services to gain insight into their network and computing operations...
Workers most exposed to AI have little fear, survey shows
Technology

Workers most exposed to AI have little fear, survey shows

[ad_1] The most exposed US workers to tasks that artificial intelligence can perform well largely don't feel their jobs are at risk.Those employees — many of whom work in information, technology and professional services — say that the technology will help them more than hurt, according to a Pew Research Center survey released Wednesday. Those with greater exposure tend to be well educated, earn higher wages and are more likely to be women rather than men. “Asian adults, college graduates and upper-income workers were more likely than other workers to say they think the use of AI in the workplace over the next 20 years will help more than hurt them personally at the workplace,” according to the Pew report. Men were twice as likely to be hopeful about AI than women, the report showed.The...
Govt launches crackdown, sends notices to 15 websites selling e-cigarettes; social media platforms may face action too
Technology

Govt launches crackdown, sends notices to 15 websites selling e-cigarettes; social media platforms may face action too

[ad_1] In India, e-cigarettes are strictly prohibited, but even so, some websites have been selling them. And that has forced the government to launch a crackdown against them. Now, the Union Health Ministry has issued takedown notices to 15 such e-cigarette-selling websites. They have been ordered to immediately stop the sale and advertisement of their products.According to PTI, six more websites are on the lookout list. In addition, the ministry is closely monitoring the advertisements and sale of e-cigarettes on social media and may issue notices in the near future against them too. "If they don't respond and comply with the law, the health ministry will write to the Ministry of Electronics and Information Technology for taking down these websites. Legal action will also be taken aga...
Online scam alert! Woman loses  ₹1.38 lakh in courier delivery scam
Technology

Online scam alert! Woman loses ₹1.38 lakh in courier delivery scam

[ad_1] In yet another shocking online scam a woman has been defrauded of her hard earned money. It has been reported that a woman from Ahmedabad lost a whopping Rs.1.38 lakh and it all started innocently enough when she tried to pay a courier Rs. 5 by clicking a link. That was a wrong move as she soon realised.As per the Times of India, Mitiksha Sheth, a 25-year-old fashion designer became a victim of a courier delivery scam and lost Rs. 1.38 lakh. Apparently, Mitiksha was waiting for a parcel containing cloth pieces to be stitched by a tailor in Paldi. When the tailor completed the order, he informed her that the order was on its way for delivery. "On May 11, I suddenly remembered that I had given cloth pieces to a tailor in Paldi to be stitched. He told me that he had already sent acr...
Realme user data capturing feature under govt scanner? Rajeev Chandrasekhar hints at it
Technology

Realme user data capturing feature under govt scanner? Rajeev Chandrasekhar hints at it

[ad_1] Indian user data on realme smartphones is being sent to China? That is what is being asked in a tweet by an Indian Twitter user and adding heft to that tweet was the reaction from Union Minister Rajeev Chandrasekhar who said that the government will take a look at it. The reaction followed quickly on the heels of a tweet by Twitter user Rishi Bagree, which said, "Realme's smartphone has a feature (Enhanced Intelligent Services) that captures the user's data (call logs, SMS, and location info) and it is "On" by default."He added, "You can only see this "on" by default feature when you go to Settings -> Additional Settings -> System Services -> Enhanced Intelligent Services." Indicating that the Indian user's consent has not been taken before enabling the feature, Bagree s...
Deepfake Detection Is One Corner of AI Tech That Isn’t Booming
Technology

Deepfake Detection Is One Corner of AI Tech That Isn’t Booming

[ad_1] Artificial intelligence is now so powerful it can trick people into believing an image of Pope Francis wearing a white puffy Balenciaga coat is real, but the digital tools to reliably identify faked images are struggling to keep up with the pace of content generation.Just ask the researchers at Deakin University's School of Information Technology, outside of Melbourne. Their algorithm performed the best in identifying the altered images of celebrities in a set of so-called deepfakes last year, according to Stanford University's artificial intelligence Index 2023. “It's a fairly good performance,” said Chang-Tsun Li, a professor at Deakin's Centre for Cyber Resilience and Trust who developed the algorithm, which proved correct 78% of the time. “But the technology is really still u...