Stay informed with our weekly roundup of top 10 key happenings in tech, cyber, and geopolitics. Discover the most significant developments, trends and breakthroughs shaping the industry, all in one concise update. The card image tiles are designed for easy recognition of the category to which the news belongs.
Google Alerts: Hackers Targeting U.S. Presidential Election
The Iranian hacker group APT42, linked to Iran’s Revolutionary Guard Corps, targeted both Trump and Biden campaigns with sophisticated cyberattacks. Their goal was to collect sensitive information and disrupt U.S. political processes. These attacks highlight the ongoing threat of foreign interference in domestic politics.
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Dubai-China-Singapore Cartel Allegedly Operating 400 Mule Accounts in Stock Market Scam
Stock market frauds driven from places like Cambodia and Dubai are a serious issue in India. Scammers lure victims with promises of high returns, only to drain their finances through deceptive tactics. Despite several arrests, the masterminds behind these scams remain elusive, complicating efforts by authorities.
Read moreRussian-Linked Hackers Target Eastern European NGOs and Media
Russian and Belarusian NGOs and media have been targeted by two spear-phishing campaigns, River of Phish and COLDWASTREL, linked to Russian interests. These sophisticated attacks use tailored social engineering tactics to harvest login credentials, affecting individuals and organizations in Eastern Europe. The campaigns highlight ongoing cyber threats.
Read moreExperts Weigh In on Refusing or Paying After a Ransomware Attack
Although ransomware attacks have decreased recently, they continue to be a significant threat. Organizations debate whether paying ransoms is justified, as it might fund future attacks. Experts suggest focusing on strong cybersecurity and prevention strategies could be more effective than paying ransoms, which might not guarantee recovery.
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iOS 18.1 Will Open Up Contactless Payments
Apple is expanding contactless payment options with iOS 18.1, allowing third-party apps to use NFC and Secure Element technology. This change will start in the EU and extend to other countries. Developers will need to enter commercial agreements and pay fees to access these features, offering more flexibility beyond Apple Pay.
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Indian-Americans: A Small Community with Big Contributions in the U.S.
The Indian-American community in the U.S. has grown significantly, reflecting its increasing influence across various sectors. This rise highlights the community’s expanding contributions and impact in areas such as business, technology, and politics, underscoring its growing importance in the American social and economic landscape.
Read moreAn Interstate Gang of Fake CBI, RBI, and Income Tax Officers Arrested by UP Police
On August 16, 2024, UP Police arrested an interstate gang involved in major cyber fraud. They defrauded a victim of ₹68 lakh by impersonating CBI, RBI, and Income Tax officials and using a fake investment app. The gang used threats and false legal action to coerce the victim.
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ISRO’s SSLV-D3 Mission Successful: EOS-08 and SR-0 Demosat Launched
ISRO’s SSLV-D3 mission successfully launched the EOS-08 satellite and SR-0 Demosat, marking a significant achievement for India’s space program. This mission underscores ISRO’s continued progress in space technology and its commitment to advancing space exploration and satellite deployment capabilities.
Read moreRussian Hacker Jailed 3+ Years for Selling Stolen Credentials on Dark Web
Georgy Kavzharadze, a 27-year-old Russian, was sentenced to 40 months in prison and fined over $1.2 million for selling stolen login credentials on the dark web marketplace Slilpp. He sold over 297,000 credentials, leading to $1.2 million in fraud. His case highlights the risks of dark web criminal activity.
Read moreMillions of Pixel Phones Could Be Vulnerable to a New Cyberattack
A vulnerability in Pixel phones’ Showcase.apk, used for Verizon demos, could be exploited due to insecure connections. Google and Verizon are addressing this with patches. No active exploitation has been reported, but the flaw’s potential impact underscores the need for robust security measures and timely updates.
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