Monday, May 12, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions
marketibiza
  • Home
  • Auto insurance
  • Business insurance
  • Cyber insurance
  • Disability insurance
  • Health insurance
    • Life insurance
    • Insurance Law
    • Travel insurance
  • Contact Us
No Result
View All Result
marketibiza
  • Home
  • Auto insurance
  • Business insurance
  • Cyber insurance
  • Disability insurance
  • Health insurance
    • Life insurance
    • Insurance Law
    • Travel insurance
  • Contact Us
No Result
View All Result
marketibiza
No Result
View All Result
Home Cyber insurance

Indian On-line Inventory Buying and selling Rip-off Value Two Victims US$31,000

admin by admin
2024年11月9日
in Cyber insurance
0
Indian On-line Inventory Buying and selling Rip-off Value Two Victims US$31,000
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Deepfakes are on the minds of many in India this week after a pair of Bengaluru residents misplaced 26 lakh Rupees (about US$31,000) in an Indian on-line inventory buying and selling rip-off.

You might also like

#Infosec2025: Combating Deepfake Threats on the Age of AI Brokers

My data was stolen. Now what?

Cisco Patches CVE-2025-20188 In IOS XE Wi-fi Controller

The 2 fell sufferer to deepfakes of Infosys co-founder NR Narayana Murthy and Reliance Industries chairman Mukesh Ambani, in line with a Instances of India report.

One of many two misplaced a further 57.2 lakh Rupees (nearly US$68,000) on a work-from-home job rip-off.

Murthy had issued a public warning final December that there have been deepfakes circulating that claimed to be him and that urged folks to spend money on a web based buying and selling app, and The Cyber Categorical has reported on deepfakes involving Ambani and different well-known figures.

Indian On-line Inventory Buying and selling Rip-off Detailed

One of many victims, recognized by the Instances as Veena KG, 57, a resident of Banashankari, advised south CEN crime police that she misplaced Rs 67.1 lakh (greater than US$79,000) between Sept. 23 and Oct. 20. On Sept. 23, she noticed a deepfake video of Murthy on Fb selling the “FX Highway” inventory buying and selling platform. She contacted them and heard again from somebody at data[at]fxroad[.]com who inspired her to spend money on the platform.

She invested Rs 1.4 lakh from a bank card, noticed returns of Rs 8,363, invested one other Rs 6.7 lakh however by no means obtained the earnings. She later fell sufferer to a work-from-home scam on Instagram. When she realized she was being cheated, she contacted cyber helpline 1930 and filed a grievance with police.





Your browser does not support the video tag.

The second victim, Asok Kumar TS, 63, of Rajapura of Anekal in Bengaluru Rural, fell for a deepfake video of Murthy and Ambani that also promoted FX Road.

Police said the scam had been widely reported, and urged people to be wary of potential deepfakes from prominent people.

Deepfakes Hit Companies Too

It’s not just small investors who get hit by deepfake scams. A multinational company in Hong Kong fell victim to a US$25 million scam earlier this yr, and deepfakes additionally focused U.S. and Indian elections this yr and have been wielded in different delicate conditions just like the Russia-Ukraine war. The Delhi Excessive Courtroom not too long ago ordered the Union authorities to look into the rising matter of deepfakes and report again later this month.

To assist firms and different organizations battle the rising menace of deepfakes, Cyble not too long ago started providing its risk intelligence prospects a real-time deepfake detection and takedown software. The software combines AI-powered monitoring and detection with real-time alerts so organizations can rapidly establish and take away deepfake threats.

Associated

Share30Tweet19
admin

admin

Recommended For You

#Infosec2025: Combating Deepfake Threats on the Age of AI Brokers

by admin
2025年5月12日
0
#Infosec2025: Combating Deepfake Threats on the Age of AI Brokers

After years of generative AI adoption, the thrill has waned and attackers and defenders alike are working arduous to combine AI-powered instruments into real-world use circumstances. Decreasing the...

Read more

My data was stolen. Now what?

by admin
2025年5月11日
0
My data was stolen. Now what?

Again in Might 2023, I wrote the blogpost You may not care where you download software from, but malware does as a name to arms, warning in regards...

Read more

Cisco Patches CVE-2025-20188 In IOS XE Wi-fi Controller

by admin
2025年5月11日
0
Cisco Patches CVE-2025-20188 In IOS XE Wi-fi Controller

Cisco has rolled out software program patches to deal with a extreme safety vulnerability, tracked as CVE-2025-20188, in its IOS XE Wi-fi Controller software program. The flaw, which...

Read more

The 8 safety metrics that matter most

by admin
2025年5月10日
0
The 8 safety metrics that matter most

“Ultimately it’s not about what number of threats you block — which actually issues — it’s about how rapidly and successfully you’re capable of recuperate when one thing...

Read more

xAI Dev Leaks API Key for Non-public SpaceX, Tesla LLMs – Krebs on Safety

by admin
2025年5月10日
0
xAI Dev Leaks API Key for Non-public SpaceX, Tesla LLMs – Krebs on Safety

An worker at Elon Musk’s synthetic intelligence firm xAI leaked a non-public key on GitHub that for the previous two months may have allowed anybody to question personal xAI...

Read more
Next Post
What’s the greatest problem brokers are going through?

What's the greatest problem brokers are going through?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Auto insurance
  • Business insurance
  • Cyber insurance
  • Disability insurance
  • Health insurance
  • Insurance Law
  • Life insurance
  • Travel insurance

Trending News

Hub Worldwide acquires Demarie Insurance coverage

Hub Worldwide acquires Demarie Insurance coverage

2025年5月12日
#Infosec2025: Combating Deepfake Threats on the Age of AI Brokers

#Infosec2025: Combating Deepfake Threats on the Age of AI Brokers

2025年5月12日
A Deep Dive into Retirement Portfolio Safety • The Insurance coverage Professional Weblog

A Deep Dive into Retirement Portfolio Safety • The Insurance coverage Professional Weblog

2025年5月12日
Oklahoma insurance coverage overhaul: HB1498 enforces stricter guidelines on funeral advantages and cybersecurity

Oklahoma insurance coverage overhaul: HB1498 enforces stricter guidelines on funeral advantages and cybersecurity

2025年5月12日
My data was stolen. Now what?

My data was stolen. Now what?

2025年5月11日

How Does Landlord Insurance coverage Work?

2025年5月11日
Cisco Patches CVE-2025-20188 In IOS XE Wi-fi Controller

Cisco Patches CVE-2025-20188 In IOS XE Wi-fi Controller

2025年5月11日

Market Biz

Welcome to Marketi Biza The goal of Marketi Biza is to give you the absolute best news sources for any topic! Our topics are carefully curated and constantly updated as we know the web moves fast so we try to as well.

CATEGORIES

  • Auto insurance
  • Business insurance
  • Cyber insurance
  • Disability insurance
  • Health insurance
  • Insurance Law
  • Life insurance
  • Travel insurance

Recent News

Hub Worldwide acquires Demarie Insurance coverage

Hub Worldwide acquires Demarie Insurance coverage

2025年5月12日
#Infosec2025: Combating Deepfake Threats on the Age of AI Brokers

#Infosec2025: Combating Deepfake Threats on the Age of AI Brokers

2025年5月12日
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions

Copyright © 2023 Market Biz All Rights Reserved.

No Result
View All Result
  • Home
  • Auto insurance
  • Business insurance
  • Cyber insurance
  • Disability insurance
  • Health insurance
  • Insurance Law
  • Life insurance
  • Travel insurance
  • Contact Us

Copyright © 2023 Market Biz All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?