Weekly Unfoldings: August 5-10, 2024

4 min read
Weekly Unfoldings: August 5-10, 2024

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.

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Chambersburg Man Sentenced to 22 Months in Prison for Hacking Into Social Media Accounts and Stealing Private Photographs

Reginald Adams, 25, was sentenced to 22 months in prison for hacking Snapchat accounts and distributing victims' private photographs. He exploited and extorted more than 20 women between 2020 and 2021, causing significant emotional distress and legal repercussions.

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Singapore’s Biggest Scam Busted: How INTERPOL Helped Recover $42 Million in Email Scam

Singapore recovered over $42 million from a business email compromise scam with INTERPOL help, arresting seven suspects and intercepting nearly all the funds through swift international cooperation. It underscores the critical importance of rapid response where criminals can move large sums of money across borders in seconds.

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FBI and CISA Warn of BlackSuit Ransomware That Demands Up to $500 Million

BlackSuit ransomware demands up to $500 million, using phishing, RDP, and security flaws. New variants and aggressive tactics, including threats and data manipulation, are emerging.

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New Phishing Scam Uses Google Drawings and WhatsApp Shortened Links

Cybersecurity experts identified a phishing attack using Google Drawings and shortened WhatsApp links to trick users with fake Amazon verification links, exploiting a Microsoft 365 flaw that hides phishing alerts.

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Techie Couple Scammed Out of Rs 1.5 Crore; Know How Police Recovered Rs 1.4 Crore from 50 Accounts

A tech couple from Bengaluru lost Rs 1.53 crore in an online investment fraud. Police recovered Rs 1.4 crore from 50 accounts linked to the scam, which used a fake investment platform.

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WhatsApp, Facebook, Telegram: The New Hunting Grounds for Stock Market Scammers

An 88-year-old from Ahmedabad lost Rs 1.97 crore in a stock market scam involving a fake investment platform. Another victim lost Rs 1.13 crore through a fraudulent app. Scammers use fake sites and apps to deceive investors.

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The RingConn Gen 2 is smashing Kickstarter records ahead of its big Galaxy Ring rivalry

Samsung’s Galaxy Ring has boosted interest in wearables, propelling the RingConn Gen 2 Kickstarter past $1.6 million. The new smart ring features extended battery life, sleep apnea tracking, and is more affordable than rivals.

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Sheikh Hasina makes it to India, but the road ahead is uncertain

Bangladesh is facing a potential military takeover amid escalating protests demanding Prime Minister Sheikh Hasina resignation. The unrest, initially sparked by opposition to a government job quota system, has resulted in over 300 deaths. Despite government restrictions, the movement continues to gain widespread support, indicating deepening political instability and significant.

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Meta and Nvidia: The Future of Social Media and Personal Technology

At Siggraph, Jensen Huang and Mark Zuckerberg discussed the future of tech. Huang focused on practical steps, while Zuckerberg explored possibilities. Their talk on AR/VR headsets and AI’s role in Facebook and digital humans offered key insights.

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Database Admins See Brighter Job Prospects Amid IT Challenges

Database administration, though often overlooked, is evolving with AI and cloud technology. Dave Stokes from Percona highlights that while traditional DBA roles are decreasing, opportunities persist for those skilled in modern data management, SQL, and cloud solutions.

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