Weekly Unfoldings: November 25-30, 2024

5 min read
Weekly Unfoldings: November 25-30, 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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The World is Losing the Battle Against International Cybercrime Syndicates

International criminal networks are leveraging global systems and advanced technologies to evade detection. Europol's Operation Sentinel uncovered a VAT fraud network spanning 16 countries, causing losses of ₹2,600 crore, while INTERPOL's Operation Cyclone tackled human trafficking and cybercrimes. Experts stress the need for global collaboration and real-time information sharing to combat transnational crime effectively.

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ED Busts Massive Cybercrime Syndicate: 15,000 Mule Accounts, Crypto Transactions, and CA Links Exposed!

The Enforcement Directorate (ED) uncovered a massive cybercrime syndicate using 15,000 mule accounts and cryptocurrencies for money laundering, involving ₹4,000 crore. Linked to phishing, fake jobs, and call centers, the scheme implicated chartered accountants and crypto traders. Coordinated raids seized evidence, but key suspects remain at large. Investigations continue into this sophisticated network.

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APT-C-60 Hackers Exploit StatCounter and Bitbucket in SpyGlace Malware Campaign

The South Korea-aligned APT-C-60 group targeted a Japanese organization using job application-themed phishing to deploy the SpyGlace backdoor. The attack exploited Google Drive, Bitbucket, and StatCounter, leveraging CVE-2024-7262 in WPS Office. Malware delivery involved VHDX files, COM hijacking, and encrypted identifiers, enabling data theft and command execution. Similar techniques link APT-C-60 to the DarkHotel cluster.

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Elderly Mumbai Woman Loses Rs 4 Crore in Longest “Digital Arrest” Scam of India

A 77-year-old South Mumbai woman lost ₹3.8 crore in a month-long cyber scam. Posing as law enforcement, fraudsters accused her of money laundering, demanded bank details, and coerced her into transferring funds. Using fake notices and 24/7 video surveillance, they exploited fear to maintain control. Mumbai Police is investigating the sophisticated operation.

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The best Black Friday deals still around on AirPods, AirTags, and other Apple tech

Black Friday continues with exceptional Apple deals, including discounts on AirPods Pro, Apple Watch SE, iPads, MacBooks, and accessories like MagSafe chargers. Prices hit record lows, with some items expected to drop further. Organized by category, these deals offer significant savings across Apple's lineup. Bookmark this page for updates on restocks and new price drops.

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The 100 best Black Friday deals you can still get for under $100

Black Friday offers budget-friendly gadget deals under $100, including the Fitbit Charge 6, Backbone One controller, Beats Solo 4 headphones, and Amazon’s latest Kindle. Discounts extend to streaming services like Hulu and Max, plus non-tech gifts like Legos and board games. These curated picks make perfect holiday gifts without breaking the bank.

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Eseye and Sateliot deliver global satellite IoT connectivity

Eseye and Sateliot have partnered to extend global IoT connectivity using satellite technology. Leveraging the 3GPP Release 17 standard, their multi-RAT solution ensures seamless connectivity for IoT devices, even in remote areas beyond traditional cellular coverage. Sateliot’s LEO satellite constellation supports this, enhancing connectivity for industries like agriculture, logistics, and smart city infrastructure.

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Global retail IoT connections set to hit 217 million by 2028

The retail sector's digital transformation is accelerating, with cellular IoT connections projected to reach 217.7 million by 2028, growing at a 10% CAGR. This growth is driven by the adoption of connected devices like POS terminals, vending machines, and digital signage. The shift to IoT enhances operational efficiency, customer experience, and cashless payments, making IoT integration essential for retail competitiveness.

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From Starlink to High Strategy: Musk’s Growing Role in US Foreign Policy

Elon Musk’s potential leadership of a “Department of Government Efficiency” in a Trump administration could reshape U.S. foreign policy. By leveraging Starlink and other technologies, Musk could advance diplomatic goals, especially in regions like the Indo-Pacific. However, his approach risks oversimplifying complex geopolitical issues, prioritizing tech solutions over nuanced diplomacy. Critics question his ability to manage international relations.

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China’s Wagner? Beijing Establishes Private Security Company in Myanmar

China is collaborating with Myanmar’s military junta to establish a joint security company aimed at protecting Chinese investments and personnel, especially in volatile areas of the China-Myanmar Economic Corridor. This move reflects growing concerns about the safety of projects amid ongoing conflict. The initiative has sparked controversy, with Myanmar National Unity Government opposing it, calling for cooperation to ensure the protection of lawful investments.

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