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.
RahuI Mishra, Wanted with a 25000 Bounty, Arrested in Noida Authority Rs 200 Crore FD Scam
Two individuals were arrested in Noida for siphoning Rs 3.9 crore and attempting to steal Rs 9 crore from a Noida Authority account. The mastermind, Manu Bhola, involved in fraud for over a decade, was arrested with accomplice Tridib Das. Police seized multiple fake documents, while investigations focus on how the suspects accessed government bank account details.
Read moreFBI Unveils Fake Cryptocurrency to Crack Down on Massive Crypto Market Manipulation
The US Department of Justice (DoJ) has arrested 18 individuals and entities in a cryptocurrency fraud investigation, Operation Token Mirrors. The FBI created its own cryptocurrency, NexFundAI, to expose illegal activities like wash trading. Market makers such as ZM Quant, CLS Global, and Gotbit were charged with manipulating trading volumes, leading to a $25 million cryptocurrency seizure.
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New Malware Campaign Uses PureCrypter Loader to Deliver DarkVision RAT
Cybersecurity researchers have uncovered a new malware campaign using PureCrypter to deliver DarkVision RAT. The multi-stage process, observed by Zscaler ThreatLabz, involves custom network protocol communication for remote access, keylogging, password theft, and more. DarkVision RAT, available for $60, enables various malicious activities and achieves persistence through Windows startup tasks. Its growing popularity among cybercriminals is driven by its low cost and broad capabilities.
Read moreRussian RomCom Attacks Target Ukrainian Government with New SingleCamper RAT Variant
The Russian threat actor RomCom has been linked to cyberattacks on Ukrainian government agencies and Polish entities using the RomCom RAT variant, SingleCamper. The attacks, tracked by Cisco Talos, involve spear-phishing and malware deployment, aiming for long-term persistence and espionage. RomCom has expanded its toolkit, utilizing multiple programming languages, while CERT-UA has warned of financial theft by UAC-0050 targeting Ukrainian enterprises.
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The FTC is finally making it easier to cancel your gym membership
The US Federal Trade Commission (FTC) has adopted a "click-to-cancel" rule, making canceling subscriptions as easy as signing up. Businesses must allow cancellations using the same method as sign-up and must disclose subscription terms clearly. This applies to services like Amazon Prime and Xbox Game Pass. The rule will take effect 180 days after its publication.
Read moreFerrari F80 uses Boost optimization to give drivers more power where they need it
Ferrari new F80 hypercar features a "Boost Optimization" system that records the track and enhances power delivery during laps, aiming for optimal lap times. The F80 has a 4WD powertrain with a rear V6 engine and three electric motors, producing 1200 horsepower. With only 799 units priced over $3 million, the F80 is Ferrari most powerful road car ever.
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Jailbreaking AI robots: Researchers sound alarm over security flaws
Researchers at the University of Pennsylvania have identified serious security vulnerabilities in AI robots, particularly those using large language models (LLMs). Their algorithm, RoboPAIR, achieved a 100% "jailbreak" rate, bypassing safety protocols in various robotic systems, including OpenAI ChatGPT. The study emphasizes the need for stricter regulations and improved safety measures before deploying AI robots in real-world scenarios.
Read more5G RedCap to revolutionise IoT, but hurdles remain
5G RedCap technology offers IoT manufacturers a cost-effective transition from LTE, targeting mid-range devices that do not need full 5G capabilities. While ABI Research anticipates $1.2 billion in IoT RedCap module revenues from 2024 to 2029, challenges remain. High module prices, expected around $50, hinder short-term adoption, with manufacturers reluctant to upgrade without imminent LTE shutdowns.
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Why Kazakhstan is Refraining from Joining BRICS
Kazakhstan, a significant economic player in Eurasia, has seen remarkable growth since its independence in 1991, becoming Central Asia largest economy with a GDP of nearly $260 billion in 2023. Despite interest in joining BRICS, President Tokayev spokesperson announced that Kazakhstan will likely refrain from applying to maintain its neutrality and balanced foreign policy, emphasizing support for the UN role in global affairs.
Read moreIs BRICS De-Dollarization Program a Step Too Far for India
India External Affairs Minister S. Jaishankar affirmed that New Delhi will not decouple from the US dollar, citing economic interests. While India explores alternative partnerships, its position in the upcoming BRICS Summit raises concerns, especially with countries advocating for de-dollarization. As India faces challenges from China growing influence within BRICS, it risks compromising its economic stability and global standing. Engaging in alliances that prioritize economic disruption is counterproductive for India long-term growth and strategic interests.
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