Tuesday September 17, 2019
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Technological Advances to Throw Up New Challenges for Cyber Security

The Internet was not designed for security, hence it is inherently insecure since everything is hackable

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Technological advances like Artificial Intelligence, Internet of Things, Automatic Cards and others will throw up new challenges for cyber security and all countries must unite to foresee and combat them, a leading Israeli cyber security expert said on Monday.

“The Internet was not designed for security, hence it is inherently insecure since everything is hackable. It is more difficult to be a cyber security personnel than a hacker. The hacker has to succeed only once, where the the cyber security personnel has to succeed always to remain safe, within many rules and regulations,” Menny Barzilay, the CEO, Cyber Research Centre of Tel Aviv University and CEO of Cytactic, said.

He pointed out how “smart people” from different countries are joining hands to commit cyber crimes and hence there is “a need for super-smart people” from around the world to join as cyber security experts.

“Cyber threats don’t create a sense of urgency, unlike a bomb threat, and we cannot feel it in our senses. It is therefore more difficult to convince people that the ‘cyber’ threat is real,” said Barzilay, addressing a panel discussion on cyber security at Nehru Science Centre (NSC) via videoconference.

Technological Advances, Cyber Security, Challenges
Technological advances like Artificial Intelligence, Internet of Things, Automatic Cards and others will throw up new challenges for cyber security and all countries must unite to foresee. Pixabay

The discussion was also attended by Israeli Consul-General in Mumbai, Yaakov Finkelstein, security experts from the Mumbai Police and students.

Recalling an incident of cyber attack on Sony Corporation after the release of its film, “The Interview”, Barzilay said that corporates are not prepared to face cyber crimes and the government must support them during such cyber hits.

“Billions of devices, part of Internet of Things implies they are prone to hacking, a smart device means being vulnerable, it will also affect our privacy. Big companies have lot of data about users and can manipulate them for private gains, something which allegedly happened in the US elections,” he said.

Finkelstein said that “there’s a war going on all around us, a cyber war, which is about our wellbeing, privacy and safety of our bank accounts”.

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“Cyberspace is the new warzone, and we can’t afford to lose even once. We are all victims here, but each of us can choose to be a warrior as well with mobiles and tablets as our weapons. We must be ‘Chowkidars’ of the Internet,” he added.

Manoj Prabhakaran, the Vijay & Sita Vashee Chair Professor at the Indian Institute of Technology-Bombay, spoke about how combating cyber crime is impossible without changing the very nature of apps like WhatsApp, and the efforts to fight it must also address tensions between freedom of speech on one hand and user privacy and platform encryption on the other.

Other prominent personalities who spoke included social activist Sonali Patankar (on cyber bullying), Deputy Commissioner of Police, Cyber Cell Sachin Pandkar on government efforts to tackle cyber crimes and cyber threats to children, Ritesh Bhatia on growing opportunities in the field of cyber security and NSC Director Shiprasad Khened. (IANS)

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OLX and Quikr Users Get Cheated By Fraudsters

How fraudsters attempt to cheat OLX, Quikr users

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OLX
People often tend to forget that if someone sends them money, they do not get OTP. Pixabay

If you are planning to sell your old refrigerator or air conditioner on OLX or Quikr, first make sure that you understand all the nitty-gritties of digital transactions as fraudsters often target users of these platforms to cheat them of money.

If you lack some basic understanding of how the Unified Payments Interface (UPI)-based transactions work on apps, you may actually end up losing money while attempting to sell stuff on OLX or Quikr.

As soon as you post your ad on these platforms, you may get calls from fraudsters posing as customers. They often appear ready to pay the price that you quote for the item. Sometimes they may even be willing to pay much more than what you originally quoted. Once the deal is fixed, the caller could say that he/she would send the money through PhonePe, Google Pe or other UPI apps.

Where people tend to get tricked is instead of sending the seller money, the fraudsters “Request Money”. If someone does not read the SMS properly, they may fall prey to the tricks of the fraudsters, share the OTP and transfer their own money to them. People often tend to forget that if someone sends them money, they do not get OTP.

“In the last six months, we have identified hundreds of cellphone numbers, which we suspect are of fraudsters and have blocked them. Of the total listings OLX receives each day, nearly 25% of ads are rejected and over 100,000 suspicious accounts are banned every month,” said Lavanya Chandan, General Counsel, OLX India.

To promote cybersafety in India, OLX has also partnered with Cyber Peace Foundation, a civil society organization and think tank of cyber security.

Under this partnership, Cyber Peace Foundation will conduct workshops with users on how to stay safe on the Internet, including on C2C platforms so that they can get the most from their Internet experience. In the first phase of the initiative, OLX and Cyber Peace have rolled out workshops across the states of Karnataka and Haryana.

OLX app.
In the first phase of the initiative, OLX and Cyber Peace have rolled out workshops across the states of Karnataka and Haryana. Pixabay

“With our partnership with Cyber Peace Foundation, we aim to intensify our efforts in promoting the safe use of the Internet. This partnership augments and aids our initiatives in this area, focused on creating a better Internet for everyone,” Chandan said.

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“Our interventions are holistic and include introducing newer safety features on our app/platform, working with law enforcement, a 24X7 helpline for customer safety issues, increased technology-based fraud detection and prevention.

“With Cyber Peace Foundation we are now also going directly to users to help equip them with the knowledge and confidence to use the Internet and digital platforms to their advantage,” Chandan said. (IANS)