SEC account hack renews spotlight on X’s security concerns The hack of the U.S. Securities and Exchange Commission’s official account on X on Tuesday renewed concerns about the social media platform’s security since its takeover by billionaire Elon Musk in 2022. The hackers posted false news about a widely anticipated announcement the SEC was expected to make about bitcoin, leading ...

What is Storm-1152, alleged top creator of fake Microsoft accounts? 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 ...

Hackers selling X Gold accounts on dark web for phishing, scams: Report New Delhi, Cybercriminals are profiting from X “Gold” verification badge by selling compromised accounts for phishing and scams on the dark web marketplaces and forums, a new report revealed on Thursday. According to the cybersecurity firm CloudSEK, these accounts pose a huge risk for organisations and individuals alike, ...

Personal data of Indians from ICMR sold on dark web, IT Security News Four persons have been arrested for allegedly selling personal data of Indians on the dark web, police said on Monday. As per officials, the Delhi Police Cyber Unit, after taking suo motu action, arrested the accused persons around 10 days earlier. The personal data was leaked from ...

Illia Vitiuk, Head of Ukraine’s cybersecurity department, denies any leakage of personal or subscriber data Russian hackers have breached the system of Ukraine’s leading telecoms operator, Kyivstar, in a cyberattack that lasted for several days. The attack, which took place in December last year, affected approximately 24 million users and caused significant disruption to services. According to Reuters, the head ...

OpenAI outlines AI safety plan, allowing board to reverse decisions Artificial intelligence company OpenAI laid out a framework to address safety in its most advanced models, including allowing the board to reverse safety decisions, according to a plan published on its website Monday. Microsoft-backed OpenAI will only deploy its latest technology if it is deemed safe in specific areas such ...

Navigating the DPDP Act: A comprehensive transformation for organizations Ashok Hariharan, CEO, IDfy In a digital age where personal data is the new currency, the Digital Personal Data Protection (DPDP) Act of 2023 stands as a pivotal and commendable initiative by the government to safeguard the privacy rights of every citizen. This groundbreaking legislation addresses the long-standing concerns surrounding the ...

Antitrust case against Apple for keeping customers locked into its ecosystem: Report The US Justice Department is reportedly preparing to file a federal antitrust case against Apple for keeping customers locked into its ecosystem. According to a report in The New York Times, citing sources, the Justice Department is in “late stages” of a probe into the iPhone maker for ...

AI-generated scams to increase cyber risks in 2024 Artificial intelligence-generated frauds such as deepfake media shall potentially increase risks of identity theft, phishing scams, and cyber bullying among children, cybersecurity solutions firm McAfee has said in its predictions for 2024. “From phishing emails so real that even the experts will have trouble telling fact from fiction to deepfakes that could ...

AI can be a transforming agent for experience elevation and personalization   Prasenjit Roy, CMO, NTT Ltd India We are living in an age of instant gratification and consumption. From the way we order food to book tickets, everything is immediate. Customer service is no different, and no one likes to wait. Today, customers expect quick and accurate answers to ...