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.
Mewat Becomes Major Hub for Cyber Fraud: 74 Gangs Swindle Rs 336 Crores in 4 Months
The Mewat region in Rajasthans Deeg district has become a major hub for cyber fraud, with 74 gangs defrauding Rs 3.36 billion between March and June 2024. Scams include image morphing and fraudulent offers for luxury goods. Operation "Anti-Virus" has led to over 700 arrests and a 69% reduction in cybercrime, according to Bharatpur Range IG Rahul Prakash.
Read moreNew HTML Smuggling Campaign Delivers DCRat Malware to Russian-Speaking Users
A new campaign using HTML smuggling has targeted Russian-speaking users to distribute the DCRat malware. The attack delivers a malicious payload via HTML files, bypassing detection by embedding or retrieving the malware from remote sources. DCRat functions as a backdoor, capable of executing commands and exfiltrating data, posing significant risks to organizations.
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N. Korean Hackers Deploy New KLogEXE and FPSpy Malware in Targeted Attacks
North Korean threat actor Kimsuky, also known as Sparkling Pisces, has introduced two malware strains, KLogEXE and FPSpy, in spear-phishing attacks targeting Japanese and South Korean organizations. KLogEXE logs keystrokes and monitors applications, while FPSpy collects system information and executes commands. These advanced strains highlight Kimsukys evolving capabilities in targeted cyber espionage campaigns.
Read moreWatering Hole Attack on Kurdish Sites Distributing Malicious APKs and Spyware
The SilentSelfie campaign has compromised 25 Kurdish-related websites in a watering hole attack since December 2022, harvesting sensitive user data. French cybersecurity firm Sekoia uncovered this long-running intrusion, which uses malicious JavaScript and rogue APK files to steal user location, device information, and more. Attribution remains unclear, though suspicions point to a possible new threat cluster.
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Just 5,000 People Use the Rabbit R1 Every Day
The Rabbit R1, once highly anticipated, has seen a steep decline in usage, with only 5,000 out of 100,000 users still active five months post-launch. Founder Jesse Lyu admits the device wasnt fully ready at launch. Despite an upcoming "large action model" update, competition from AI features on smartphones casts doubt on its future.
Read moreMeta’s Cheaper Quest 3S Might Just Be an Upgrade
Meta has unveiled the Quest 3S VR headset, priced at $299.99. The 3S shares many features with the Quest 3, including the Snapdragon XR2 Gen 2 chip and similar controllers. Differences include lower-resolution displays and a lack of depth sensor. The 3S offers excellent value for newcomers, with preorders available before its October 15th release.
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Samsung Drives Forward Connected Vehicle Experiences
Samsung is collaborating with Hyundai and Kia to integrate SmartThings into vehicles, offering features like vehicle location tracking via Bluetooth Low Energy. Drivers will soon manage air conditioning and check electric vehicle ranges from their Galaxy devices. Future plans include health monitoring and pet care solutions, enhancing the mobility experience beyond transportation.
Read more5G Set to Double IoT Roaming Revenue by 2029
A Juniper Research study forecasts that IoT roaming revenue will rise from £1.1 billion in 2024 to £2.2 billion by 2029, largely due to 5G devices, which will contribute over 40% of revenue despite being less than 10% of connections. The report highlights the need for premium pricing for mission-critical services and advanced roaming steering to optimize connectivity across network slices, ensuring high-quality service for enterprises.
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Agni-IV Missile Test Bolsters India’s Nuclear Deterrence
Recent developments in Indias nuclear deterrence, highlighted by the successful test of the Agni-IV missile, underscore the evolving dynamics of geopolitical security in South Asia. With a range of up to 4,000 km, the missile enhances Indias strategic capabilities against both China and Pakistan, emphasizing operational readiness and dual-capable systems, which complicate the regional security landscape and deter potential adversaries.
Read moreA Home-Grown Alternative: The African Development Bank Comes of Age
On September 10, 2024, the African Development Bank (AfDB) celebrated its 60th anniversary, marking a "day of joy" at its Abidjan headquarters. President Akinwunmi Adesina highlighted the banks $77 billion investment in African projects over the past decade, doubling electricity access to over 50%. The AfDB serves as a vital alternative to major global funding sources, supporting crucial infrastructure and development across Africa.
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