thecybershark, Author at The Cyber Shark

Tech Mahindra and Nuix Collaborate to Provide Improved Data Investigation and Cybersecurity Tools

Tech Mahindra and Nuix , an Australian software company, have partnered to offer better data protection, fraud detection, and regulatory compliance solutions. The partnership combines Nuix’s AI-powered investigative and data analytics tools with Tech Mahindra’s expertise in digital engineering, cyber risk management, and artificial intelligence (AI). Tech Mahindra has partnered with Australian firm Nuix to enhance data investigation and cybersecurity solutions by integrating Nuix’s AI-powered analytics tools into its services. The collaboration aims to help businesses manage data breaches, fraud, and compliance, starting in the Asia Pacific and Japan regions. The main goal of the collaboration is to include Nuix’s Neo platform within Tech Mahindra and Nuix service portfolio. Businesses will be able to better manage data breaches, safeguard sensitive information, and react to fraud and regulatory concerns as a result, especially those in industries with stringent compliance requirements like banking, insurance, telecommunications, and government. Large amounts of structured and unstructured data can be processed by Nuix’s technologies, which then make the data searchable and actionable for legal examinations and investigations. “We will enable our clients to put in place reliable, economical, and incredibly scalable security solutions for the future. According to Harshvendra Soin, President of Asia Pacific and Japan Business at Tech Mahindra, “this partnership will accelerate our ability to deliver exceptional value, especially during critical moments like data breach incidents where rapid response is essential.” Before going worldwide, the collaborative endeavour will initially concentrate on clients in the Asia Pacific and Japan regions. Mahindra and Nuix will offer its knowledge of digital investigations and data privacy, while Tech Mahindra will assist with worldwide sales and delivery. In the wake of escalating cybersecurity concerns, the partnership is anticipated to assist both companies in increasing their footprints in regulated markets and providing more reliable solutions for handling digital evidence and personal data. Tech Mahindra and Nuix will collaborate to help businesses bolster their defences against fraud, data breaches, and regulatory risk. Through the partnership, customers will have access to some of Nuix’s most advanced data privacy, investigative, and legal solutions, such as Nuix Neo Data Privacy, Nuix Neo Investigations, and Nuix Neo Legal, which will help safeguard sensitive information (like personally identifiable information), expedite investigations, and oversee the curation of vast amounts of digital evidence for legal cases, according to Jonathan Rubinstein, CEO of Nuix.

Ghibli glam or privacy scam? Chandigarh Cyber Cell issues advisory

The Chandigarh Police Cybercrime Cell has warned against rising online frauds involving fake Ghibli artwork and merchandise. Users are advised to stay alert, verify sources, and avoid suspicious links or offers to protect their data and finances. The Chandigarh Police Cybercrime Cell has issued a warning about possible frauds that pose as Ghibli artwork or items. Ghibli’s artificial intelligence (AI)-generated graphics have garnered a lot of attention in the past week. According to a Cybercrime Cell statement, these crimes can take many different forms, and both authors and fans should be mindful of the possible dangers that exist in the digital realm. Cybercriminals frequently create phoney internet shops or auction platforms that purport to sell Ghibli artwork or authentic items. These websites have the potential to send fake goods, steal personal information, or vanish after a transaction. Before making a purchase, always confirm the legitimacy and authenticity of websites, according to DSP (Cyber Cell) Venkatesh. According to the DSP, who briefed on several cyber scams that may involve Ghibli, phishing emails may be sent by fraudsters posing as Ghibli news or offers. These emails may contain links to phoney social media profiles or retail locations. The DSP warned that clicking on these links could result in the download of malware or the loss of personal data. According to reports, phoney Ghibli-related competitions or prizes are frequently employed as a means of obtaining user information or persuading users to download harmful programs. Additionally, some cybercriminals pass off malware or ransomware as downloaded content (like Ghibli wallpapers or art packs), which is how hazardous software is camouflaged as Ghibli art. According to the Cyber Cell, if a person downloads the content, harmful software may be placed on their device, which might lock or steal data. Regarding identity theft, the DSP stated that cybercriminals may fabricate websites or social media profiles that pose as artists, particularly fan artists, to obtain admirers’ personal information or even to sell phoney artwork. When interacting with creators or fan communities, exercise caution at all times. The Cyber Cell advised using platforms that let users confirm their identity, including verified social media accounts, and refraining from disclosing private information, such as credit card numbers unless you have faith in the platform. The Cyber Cell provided information on how to confirm authenticity, stating that you should always make sure that websites or accounts that sell Ghibli artwork, products, or content are authentic. Report any stolen Ghibli artwork or fake goods you come across to the appropriate authorities or websites. Purchase genuine goods and downloads from reputable, official websites to avoid fraud, DSP Venkatesh said. Furthermore, it’s best to avoid falling for offers that seem too good to be true, Especially when they come from unknown websites or unwanted emails. According to the DSP, you may safeguard your work and yourself against cybercrime involving Ghibli art by remaining aware and alert.

BFSI and Tech Lead India’s Cyber Insurance Surge Amid Growing Attacks

Cyber insurance adoption in India is surging, driven by rising cyberattacks, with BFSI and tech sectors holding a 70% market share. Nearly 100% policy renewals and increased first-time buyers highlight its growing role in ensuring business continuity and regulatory compliance. In India, cyber insurance is expanding at an unprecedented rate, with 100% of policies being renewed as companies realize how often cyberattacks are becoming. With a combined 70% market share, the BFSI (35–40%) and technology (30%) sectors are driving uptake, per a survey by Policy Bazaar for Business. The survey also shows that business interruptions caused by data breaches account for 45% of all cyber insurance claims, underscoring the critical role that cyber coverage plays in preserving business continuity. According to the report, the largest penetration of cyber insurance is found in mid-to-large firms with annual sales of at least ₹10 crore, suggesting a better awareness of regulatory requirements and cyber hazards. The following is the adoption breakdown by industry: BFSI (35-40%) – Financial institutions are the biggest buyers of cyber insurance due to increased financial fraud, regulatory scrutiny, and customer data protection requirements. Technology & IT (30%) – IT and internet companies are giving risk mitigation through insurance top priority because of their data-heavy operations and high vulnerability to cyberattacks. Start-ups (25%) – Adoption among rapidly expanding firms is being driven by venture capital investors and contractual responsibilities. Healthcare (5%) – More and more hospitals and healthcare organizations are protecting themselves from ransomware and data intrusions. Logistics (5%) – Logistics companies are investing in coverage as a result of the increased cyber dangers brought about by the growth of digital supply chains. According to the survey, a notable change has also occurred, with 30–35% of companies acquiring cyber insurance for the first time. This implies that individuals are becoming increasingly conscious of the operational and financial risks associated with cyberattacks, especially for start-ups and mid-sized enterprises. More and more businesses are adopting a proactive strategy, acquiring coverage before an attack, in place of a reactive one. What’s driving cyber insurance claims? The survey also sheds light on the reasons why companies are submitting cyber insurance claims, with the biggest percentage (45%) citing business disruptions brought on by data breaches. Claim Type Percentage of Claims Business Interruption from Data Breach 45% Social Engineering Attacks (Phishing, CEO Fraud) 25% Ransomware Incidents 20% Other 10% Businesses are using insurance to cover both direct financial losses and operational disruption as a result of the increase in ransomware attacks and social engineering scams. According to the report, growing contractual duties and regulatory constraints have caused the cyber insurance market to expand rapidly over the past 12 to 24 months. Regulatory compliance: Businesses are being forced to strengthen their cyber resilience in response to more stringent cybersecurity regulations and data protection rules. Contractual requirements: As part of their risk management framework, businesses, particularly in the BFSI and IT sectors, now demand that partners and vendors obtain cyber insurance. Risk assessments: Businesses are aggressively detecting weaknesses and obtaining insurance before problems arise. Eva Saiwal, Head of Liability Insurance at Policy Bazaar for Commercial, notes that “cyber insurance has evolved from a niche product to a business necessity.” The nearly 100% renewal rate suggests that businesses consider it essential. Cyber insurance is now a crucial component that facilitates business continuity in addition to financial recovery. Building a robust digital ecosystem will require incorporating insurance into cyber risk management plans as cyber threats increase.

Maharashtra Cyber Corporation was formed to audit govt and Pvt. Firms’ preparedness for fraud

The Maharashtra government has transformed its Cyber Command Center into the Maharashtra Cyber Corporation to strengthen cybersecurity readiness. It will audit and guide government and private firms on cyber fraud prevention. On April 1, 2025, the Maharashtra government formally transformed its Maharashtra Cyber Corporation Command Center into a cyber corporation that will investigate the state’s overall readiness for cyber security. It will serve as a guide for public and commercial organizations, as well as government departments, on safe cyber practices and cyber security. At a cabinet meeting last month, the idea to turn the MMaharashtra Cyber Corporation Police into a company was accepted. Maharashtra Cyber, which operated off of a floor at Cuffe Parade, received an upgrade last year when the state government invested Rs 838 crore and gave it the entire Mahape building in Navi Mumbai. An official added, “We will be guiding government and private companies in matters of cyber security. To make sure they don’t become victims of cyber fraud, this will be done. Private businesses will be subject to yearly audits and need to adhere to the security protocols established by the Corporation. According to the Government Resolution, the state government will own all of the corporation when it is formed under the Companies Act. The Corporation’s authorized share capital will be Rs 200 crore. The entire paid-up and subscribed share capital will come from the state government. This will cover the corporation’s first year’s necessary administrative costs, and any further administrative costs will be covered by the corporation’s revenue, the GR stated.

Gift Card Scams: Protect Yourself from Fraudsters

Scammers use gift cards to trick victims into making fraudulent payments, often by posing as government agencies or businesses. Always remember—gift cards are for gifts, not payments. Gift card are for gifts not for payments. Scammers are the only ones who will advise you to purchase a gift card and provide them with the card’s back numbers. You will never be told to purchase a gift card to pay a reputable government agency or business. Government agencies, such as the IRS, Treasury Department, FBI, or local police departments, will not accept any form of gift card as payment and will not ask you for gift card information, especially over the phone. You should never be asked to pay your utility bills, bail money, debt collection, or hospital bills with gift cards. If you are, it’s a scam. Gift cards should never be used to settle debt collection, utility bills, bail money, or medical bills. It is a scam if someone makes such a demand. How Gift Card Scams Work Scammers try to convince victims to purchase Gift cards and reveal the numbers by contacting them by phone, text, email, or social media. These are the typical strategies employed: Scammers will say it’s urgent They will warn that if you don’t pay them immediately, dire consequences will ensue. Resist the pressure to act immediately. Slow down and talk with someone you trust. Don’t pay. It’s a scam. Specifying Which Gift Card to Buy They might instruct victims to purchase a particular brand of Gift Card and sometimes even specify where to buy it. To avoid detection, scammers may direct victims to multiple stores. Some fraudsters remain on the phone with victims while they purchase the cards. If this happens, hang up immediately. Asking for Gift Card Numbers and PINs The scammer requests the numbers and PIN codes on the back of the Gift Card to access the money. Never share these details with anyone. Common Gift Card Scams Gift Card scams are usually part of larger fraudulent schemes. Scammers use different stories to manipulate victims into buying gift cards. These are a few of the most prevalent kinds: Government Impersonation Scams Fraudsters claim overdue taxes or fines by impersonating representatives of organizations such as the IRS, FBI, or local police. Gift cards are never required as payment by government entities. Tech Support Scams Scammers believe there is a problem with your computer and pose as representatives of an IT company. They may ask for remote access or demand payment via gift card for a fake repair. Legitimate tech support services never contact customers this way. Emergency Scams Someone pretending to be a friend or relative says they are in desperate need of assistance because of money problems. To sound like a loved one, some people employ voice cloning. Before answering a request, be sure everything is in order. Fake Prize Scams Scammers say you won something, but you have to use a gift card to pay taxes or other costs. Reputable awards never demand payment in advance. Utility Company Scams Fraudsters pose as representatives of water or electricity providers and threaten to cut off service unless a gift card is paid right away. This is not how utility companies work. Romance Scams Scammers build relationships on the internet before requesting gift cards as payment. Never give someone you haven’t met in person money or presents. Fake Check Scams Victims receive a check for an excessive amount and are asked to return the difference using a gift card. The check later bounces, leaving the victim out of money. How to Respond If You Gave a Scammer a Gift Card If you realize you have been scammed, act quickly: Notify the gift card company of the scam right away. Even if the scam happened some time ago, report it. Your chances of getting your money back are better the sooner you take action. Request a refund Some companies have measures in place to help scam victims recover lost funds. Always ask. Report fraud to the FTC Visit ReportFraud.ftc.gov to file a complaint. Your report helps authorities track down scammers. Contacting Gift Card Companies If you have the gift card and purchase receipt, contact the company that issued it. Below are the customer service numbers for major gift card providers: Amazon: 1-888-280-4331 American Express: 1-877-297-4438 Apple/iTunes: 1-800-275-2273 Best Buy: 1-888-237-8289 eBay: Customer Support Chat Google Play: Report fraud to Google MoneyPak: Fraud claim submission on their website ReloadIt: 1-888-633-9434 Sephora: 1-877-737-4672 Steam: Report fraud via Steam Support Target: 1-800-544-2943 Vanilla: 1-833-322-6760 Visa: 1-800-847-2911 Walmart: 1-888-537-5503 Look for your card issuer’s customer service details online or on the back of the card if they are not on the list. How to Buy and Use Gift Cards Securely Use these precautions to avoid fraud: Purchase from reliable merchants Don’t buy from online auction sites because the cards can be stolen or counterfeit. Inspect the card before purchase Make sure the PIN is hidden and the protection stickers are still in place. Select an alternative card and notify the store employees if anything appears to be incorrect. Keep records of your purchase Save the gift card and store receipt. Take a photo of both as proof of purchase. These details will help if you need to report fraud or recover funds. Final Reminder: Stay Alert! Gift cards are for gifts, not payments. Never follow instructions to purchase a gift card. It’s a fraud if someone asks you to pay using a Gift Card. Gift card fraud can be prevented for both you and other people by remaining vigilant and knowledgeable.

Motorola Edge 60 Fusion Debuts with AI Magic Eraser, Circle to Search & Moto AI Tools

Motorola Edge 60 Fusion, launching on April 9 at ₹22,999, features a Dimensity 7400 chipset, AI-powered tools, a 6.7-inch curved display, and a 50MP OIS camera. It packs a 5500mAh battery with 68W charging, IP68/IP69 durability, and three years of OS updates. The Edge 60 Fusion, Motorola’s first smartphone in the Edge 60 series, has been released. The smartphone’s MediaTek Dimensity 7400 chipset powers a number of artificial intelligence (AI)-based functions, such as Circle to Search and the AI Magic Eraser. The Edge 60 Fusion smartphone will go on sale on April 9 for Rs 22,999. Cost and available options for the Motorola Edge 60 Fusion 256GB storage + 8GB RAM: Rs 22,999 256GB storage + 12GB RAM: Rs 24,999 Colours: Pantone Zephyr, Pantone Amazonite, and Pantone Slipstream; availability and deals for the Motorola Edge 60 Fusion Starting on April 9, the Motorola Edge 60 Fusion smartphone will be sold in India through Flipkart, the company’s official website, and a few physical stores. Customers can take advantage of a bank discount of Rs 2000 on Axis and IDFC Bank credit cards as part of the introductory promotion. As an alternative, clients can receive a Rs 2000 exchange bonus on trade-in transactions. Programs for interest-free equivalent monthly instalments (EMIs) for a maximum of six months are also available. Details of the Motorola Edge 60 Fusion The 6.7-inch, Pantone-validated curved display of the Motorola Edge 60 Fusion smartphone has a refresh rate of 120 Hz and a resolution of 1.5K. The MediaTek Dimensity 7400 chipset powers the smartphone, which also has up to 256GB of storage that can be expanded to 1TB via microSD and up to 12GB of RAM. The Motorola Edge 60 Fusion has a 50-megapixel primary sensor (Sony LYT 700C) with optical image stabilization (OIS) for imaging. A 13-megapixel ultra-wide lens that also functions as a macro camera supports the primary camera. A 32-megapixel camera sensor with 4K recording capabilities is located at the front. A 5500mAh battery powers the smartphone, which also has 68W wired charging capability. Several native “Moto AI” capabilities and Google’s gesture-driven Circle to Search are among the AI-powered features that are pre-installed on the Motorola Edge 60 Fusion’s Hello UI, which is built on Android 15. This includes “Catch Me Up” for summaries of notifications and “Pay Attention” for summarizing, translating, and transcribing content. In addition to being MIL-810H military-grade certified for durability, the smartphone boasts an IP68/69 rating for protection against dust and water intrusion. For the Edge 60 Fusion, Motorola is providing three years of operating system updates and four years of security updates. Details of the Motorola Edge 60 Fusion Display: 6.7-inch all-curved screen with Gorilla Glass 7i, HDR10+, 4500 nits of maximum brightness, 1.5K resolution, and a refresh rate of 120 Hz MediaTek Dimensity 7400 processor Storage: 256GB (expandable to 1TB) RAM: Up to 12 GB Front camera: 32MP; rear camera: 50MP primary (Sony LYT700) plus 13MP ultra-wide; battery: 5500mAh, 68W cable charging Protection: Corning Gorilla Glass 7i, IP68, and IP69

Chandigarh: A digital arrest fraud costs a retired colonel and his wife ₹3.4 cr.

An elderly couple in Chandigarh was duped of ₹3.41 crore by scammers posing as ED officials, keeping them under a 10-day “digital arrest.” Police have recovered ₹6 lakh and advised residents to report suspicious calls. In Sector 2-A, an 82-year-old retired army officer named Colonel Dalip Singh and his 74-year-old wife, Ravinder Kaur Bajwa, have lost ₹3.41 crore to scammers posing as Enforcement Directorate (ED) employees. The deception occurred on March 18, when Bajwa was falsely accused of being implicated in a money laundering case by a caller from an unidentified number. The scammer asserted that Bajwa had reportedly received ₹20 lahks as commission for laundering ₹2 crores after selling his bank account details to Naresh Goyal, the jailed owner of Jet Airways, for ₹5 lakh. The scammers used a video chat to show Bajwa his ATM card and said they were looking into a ₹5,038-crore scam to make their plan seem genuine. Additionally, they falsely claimed that Goyal had killed a whistle-blower and their whole family and shared pictures of 24 supposed victims, claiming that one had committed suicide. By claiming that he was the subject of an arrest warrant issued by the Supreme Court, the scammers further threatened him. The scammers promised to set up an online inquiry when Bajwa stated that he was too old to fly to Mumbai for interrogation. During the inquiry, they asked him 15 questions about Naresh Goyal’s case. In an attempt to further influence him, they threatened to ruin his name by revealing his purported role in newspapers if he didn’t comply. Bajwa and his spouse were put under “digital arrest” by the scammers, who told them to never turn off their phones and to refrain from making any calls. This ten-day digital arrest took place between March 18 and March 27. The scammers forced Bajwa to divulge his ₹8.80 lakh bank account amount on March 20. Through the use of fake arrest orders and WhatsApp-shared account-freezing notifications, they coerced him into sending money via real-time gross settlement (RTGS). After receiving digital arrest threats, Bajwa transferred money to several different accounts, leaving his bank account empty. He sent ₹8 lahks on March 20, ₹60 lahks on March 21, ₹80 lakh on March 24, ₹88 lahks on March 25, and ₹1.05 crore on March 27. His wife was the next victim of the scammers in digital arrest, who persuaded him to cancel her fixed deposits (FDs) to “close the case.” The scammers made Bajwa stay on his video call for a full day to keep him under control. They would get in touch with him right away and ask him to switch it on if the call was cut off. They used several phone lines to pose as Mumbai Cyber Crime authorities. They kept calling the numbers of Bajwa and his family. After realizing he had been duped, Bajwa went to the Chandigarh cybercrime police station and lodged a report, which resulted in the filing of a case on April 1. The cyber police station received a formal complaint (FIR) filed under Sections 308, 319(2), 318(4), 336(3), 338, 340(2), and 61(2) of the BNS. From the misplaced money, the Chandigarh Police were able to retrieve ₹6 lakh. Residents have been advised by police to exercise caution and refrain from giving out money or personal information to strangers over the phone. They have recommended reporting strange calls to the cyber-crime digital arrest helpdesk and checking with the authorities for any legal notices (1930).

The European Commission will invest €1.3 billion in digital skills, cybersecurity, and artificial intelligence

The European Commission has allocated €1.3 billion to boost AI and digital ID development under the Digital Europe Programme. The funding will support AI innovation, cybersecurity, and digital skills training across the EU. A total of €1.3 billion has been announced by the European Commission to support the advancement and implementation of vital technologies in the European Commission digital ecosystem. Digital ID and artificial intelligence have emerged as key new technologies that support contemporary society. In order to compete with growth on a worldwide scale, the Digital Europe Programme (Digital) Work Programme places special emphasis on integrating artificial intelligence into society and launching new AI companies. One of the main goals of the DIGITAL work program is to increase the availability and accessibility of generative AI applications, such as expanding into the healthcare industry, as the competition for AI innovation continues to increase. The available funds will be used to assist Innovation Hubs, a network of businesses and government agencies with the technical know-how to offer advice on the adoption of AI models, implement the AI Act, and curate AI “virtual realities.” These steps are essential to advancing the EU’s objectives of building more AI “factories,” which entails facilitating the development of AI start-ups or generative AI models for commercial use. AI can strengthen cyber defences against intrusions. The EU is keen to continue developing AI defences to outperform fraud driven by AI. Furthermore, the technical capabilities of AI will support the deployment of the European Trust Infrastructure and the new EU Digital Identity Wallet architecture in Member States. “Investing in cutting-edge technologies and enabling individuals to enhance their digital competencies is the first step towards safeguarding European tech sovereignty,” stated Henna Virkkunen, Executive Vice-President for Tech Sovereignty, Security, and Democracy. With extra money, EU education and training institutes will teach digital skills to entice more talent to enter the profession. “We are making sure that new technologies—and with them, new potential—reach European citizens, businesses, and public administrations through the opportunities under the Digital European Commission Program.”

STF cracks cyber fraud racket in Lucknow, arrests six including kingpin

The Uttar Pradesh STF cracks cyber fraud arrested six members of a cyber fraud gang in Vibhuti Khand, including the mastermind, for running corporate bank accounts on rent to conduct scams. Seized items included luxury cars, bank documents, electronic devices, and evidence linking them to fraud cases worth crores across India. In the Vibhuti Khand neighbourhood of the state capital, the Uttar Pradesh Special Task Force (STF) detained six members of an organized cyber fraud gang, including the mastermind. On March 29, 2025, STF said in a news release that the gang ran corporate bank accounts on rent to conduct extensive cyber scams involving online gambling, share market investments, digital arrest, and other purportedly criminal acts. During the raid, the STF also seized expensive cars, bank paperwork, and technological gadgets. The STF retrieved a driver’s license, voter ID, 18 debit and credit cards, three Aadhaar cards, three PAN cards, 11 cell phones, and 52 WhatsApp chats containing APK files and corporate bank account information. Two four-wheeler vehicles that were allegedly used in the crime as well as ₹34,500 in cash were confiscated. According to the police, around 11:05 p.m. on March 28, 2025, the STF team, led by assistant superintendent of police Vishal Vikram Singh, arrested the accused in Vibhuti Khand near the Aadhaar Card Office across from a cafe. According to the STF, the inquiry started after Lucknow-based Alex Innovation Pvt Ltd, an IT solutions company, complained about a scam involving about ₹48 lakh at the Cyber fraud Crime Police Station. According to the lawsuit, the gang’s leader, Abdul Malik, used a malicious APK file to get access to the company’s private bank account. Before the bank closed the account, he carried out almost 3,200 unauthorized transactions. Subsequent investigation verified that the transactions were connected to cyber fraud. The gang also includes Pushpendra Singh (MBA) from Rae Bareli, Vijay Kumar Pathak (PhD) from Jaunpur, Ayush Mishra (BTech) from Gorakhpur, Yaseen Ahmed alias Yasir (Class 10) from Gonda, and Syed Alim Hussain (BBA) from Gonda. According to the press release, each had a distinct function in the illegal enterprise. STF officials claim that in 2024, Malik made contact with Farhan from Lucknow, who then connected him with foreign agents Daniel from Kathmandu, Nepal, and Jackie from Pune. The gang used the promise of large commissions to entice business bank account customers. One of the gang’s main schemes was to use a private bank account in December 2024 to defraud Atex Innovation Pvt Ltd of ₹47.58 lakh. Through an Indian Overseas Bank account acquired through a Telegram contact named Nilesh Yadav from Bihar, they laundered ₹1.2 crore in January 2025. Details of ten corporate bank accounts used for cyber fraud were found on electronic devices found during the raid, and 25 more complaints were filed against the gang throughout India. The accused has been the subject of a formal complaint filed under Section 66C of the Information Technology Act and Sections 318(4), 319(2), and 111(2)(b) of the Indian Penal Code. In addition to forensic examination of the confiscated electronic devices to find more proof of the gang’s activities, STF officers revealed that attempts are still being made to track down and capture additional gang members.

Vodafone Advances Cybersecurity for Businesses in Germany

Vodafone, Inc. The opening of a cybersecurity centre in Düsseldorf, Germany, was recently announced by VOD. The cybersecurity centre will provide small and medium-sized businesses (SMEs) nationwide with 24/7 protection. Vodafone has a wide range of cybersecurity products. Businesses are better equipped to withstand new cyber threats thanks to Vodafone Business Managed Security Services. The administrator may configure and keep an eye on laptops, smartphones, and other devices used by an organization thanks to Unified Endpoint Management. A risk management tool called Vodafone Business Security Assessment-Security Ratings gives companies the ability to continuously monitor and provide a comprehensive picture of any cyber threats. Organizations can respond quickly to security threats thanks to this thorough visibility and accurate evaluation of cyber health. To prevent cyberattacks, Vodafone’s cyber security centre will try to detect any dangers and efficiently activate defences. It will also provide a cyber portal that would show information about security status and prevent cyberattacks. To guarantee the smooth deployment, monitoring, and upkeep of security systems for its clients, Vodafone has more than 100 security specialists on staff and provides round-the-clock services. To further enhance security capabilities and integrate cutting-edge technologies, the organization is also actively collaborating with significant tech firms like Google, Microsoft, Lookout, CybSafe, Zscaler, and others. Additionally, Vodafone’s cyber centre will work with clients to give corporate staff the right training and resources to identify such risks. Will VOD’s Share Performance Be Driven by This Initiative? To prevent cyberattacks, big businesses with substantial financial resources set up advanced IT infrastructure. SMEs with little funding are unable to make significant investments in cyber defence. In a highly competitive corporate environment, this renders them vulnerable and disadvantageous. Cybercriminals frequently take advantage of this weakness. According to recent studies, SMEs are the target of more than 50% of cyberattacks, and it takes them around 21 days to recover. This has a huge impact on how businesses operate. The German economy relies heavily on SMEs, thus the rise in cyberattacks targeting them is concerning for the nation. Vodafone is attempting to improve the digital resilience of its SME clients nationwide by establishing a cyber security centre in recognition of this underserved market. A customer-focused strategy like this bodes well for the long-term expansion of the business. Other Stocks to Consider Inter Digital In the last four quarters, IDC’s earnings surprised by 158.41%. It is a leader in cutting-edge mobile technologies that make wireless capabilities and communications possible. The business creates and develops a broad range of cutting-edge technological solutions for usage in networks and products connected to IEEE 802, digital cellular, and wireless 3G and 4G. Celestica Inc. Many of the top original equipment manufacturers in the world rely on CLS for post-manufacturing support, competitive manufacturing technologies, and service solutions for printed circuit and system assembly. United States Cellular Corporation USM’s most recent reported quarter saw a 150% earnings surprise. To improve churn control and speed up subscriber additions, U.S. Cellular has taken proactive measures. The company wants to give consumers the greatest cellular experience possible by offering a top-notch network with nationwide coverage. It is ideally situated to facilitate the expenditure needed for network improvements, such as the introduction of 5G technology.

Author: thecybershark