#FactCheck - Philadelphia Plane Crash Video Falsely Shared as INS Vikrant Attack on Karachi Port

Introduction

The CID of Jharkhand Police has uncovered a network of around 8000 bank accounts engaged in cyber fraud across the state, with a focus on Deoghar district, revealing a surprising 25% concentration of fraudulent accounts. In a recent meeting with bank officials, the CID shared compiled data, with 20% of the identified accounts traced to State Bank of India branches. This revelation, surpassing even Jamtara's cyber fraud reputation, prompts questions about the extent of cybercrime in Jharkhand. Under Director General Anurag Gupta's leadership, the CID has registered 90 cases, apprehended 468 individuals, and seized 1635 SIM cards and 1107 mobile phones through the Prakharna portal to combat cybercrime. 

This shocking revelation by, Jharkhand Police's Criminal Investigation Department (CID) has built a comprehensive database comprising information on about 8000 bank accounts tied to cyber fraud operations in the state. This vital information has aided in the launch of investigations to identify the account holders implicated in these illegal actions. Furthermore, the CID shared this information with bank officials at a meeting on January 12 to speed up the identification process.

Background of the Investigation

The CID shared the collated material with bank officials in a meeting on 12 January 2024 to expedite the identification process. A stunning 2000 of the 8000 bank accounts under investigation are in the Deoghar district alone, with 20 per cent of these accounts connected to various State Bank of India branches. The discovery of 8000 bank accounts related to cybercrime in Jharkhand is shocking and disturbing. Surprisingly, Deoghar district has exceeded even Jamtara, which was famous for cybercrime, accounting for around 25% of the discovered bogus accounts in the state.

As per the information provided by the CID Crime Branch, it has been found that most of the accounts were opened in banks, are currently under investigation and around 2000 have been blocked by the investigating agencies.

Recovery Process

During the investigation, it was found out that most of these accounts were running on rent, the cyber criminals opened them by taking fake phone numbers along with Aadhar cards and identity cards from people in return these people(account holders) will get a fixed amount every month. 

The CID has been unrelenting in its pursuit of cybercriminals. Police have recorded 90 cases and captured 468 people involved in cyber fraud using the Prakharna site. 1635 SIM Cards and 1107 mobile phones were confiscated by police officials during raids in various cities.

The Crime Branch has revealed the names of the cities where accounts are opened

1. Deoghar 2500
2. Dhanbad 1183
3. Ranchi 959
4. Bokaro 716
5. Giridih 707
6. Jamshedpur 584
7. Hazaribagh 526
8. Dumka 475
9. Jamtara 443

Impact on the Financial Institutions and Individuals

These cyber scams significantly influence financial organisations and individuals; let us investigate the implications.

• Victims: Cybercrime victims have significant financial setbacks, which can lead to long-term financial insecurity. In addition, people frequently suffer mental pain as a result of the breach of personal information, which causes worry, fear, and a lack of faith in the digital financial system. One of the most difficult problems for victims is the recovery process, which includes retrieving lost cash and repairing the harm caused by the cyberattack. Individuals will find this approach time-consuming and difficult, in a lot of cases people are unaware of where and when to approach and seek help. Hence, awareness about cybercrimes and a reporting mechanism are necessary to guide victims through the recovery process, aiding them in retrieving lost assets and repairing the harm inflicted by cyberattacks.

• Financial Institutions: Financial institutions face direct consequences when they incur significant losses due to cyber financial fraud. Unauthorised account access, fraudulent transactions, and the compromise of client data result in immediate cash losses and costs associated with investigating and mitigating the breach's impact. Such assaults degrade the reputation of financial organisations, undermine trust, erode customer confidence, and result in the loss of potential clients. 

• Future Implications and Solutions: Recently, the CID discovered a sophisticated cyber fraud network in Jharkhand. As a result, it is critical to assess the possible long-term repercussions of such discoveries and propose proactive ways to improve cybersecurity. The CID's findings are expected to increase awareness of the ongoing threat of cyber fraud to both people and organisations. Given the current state of cyber dangers, it is critical to implement rigorous safeguards and impose heavy punishments on cyber offenders. Government organisations and regulatory bodies should also adapt their present cybersecurity strategies to address the problems posed by modern cybercrime.

Solution and Preventive Measures

Several solutions can help combat the growing nature of cybercrime. The first and foremost step is to enhance cybersecurity education at all levels, including:

• Individual Level: To improve cybersecurity for individuals, raising awareness across all age groups is crucial. This can only be done by knowing the potential threats by following the best online practices, following cyber hygiene, and educating people to safeguard themselves against financial frauds such as phishing, smishing etc.
• Multi-Layered Authentication: Encouraging individuals to enable MFA for their online accounts adds an extra layer of security by requiring additional verification beyond passwords. 
• Continuous monitoring and incident Response:  By continuously monitoring their financial transactions and regularly reviewing the online statements and transaction history, ensure that everyday transactions are aligned with your expenditures, and set up the accounts alert for transactions exceeding a specified amount for usual activity.   
• Report Suspicious Activity: If you see any fraudulent transactions or activity, contact your bank or financial institution immediately; they will lead you through investigating and resolving the problem. The victim must supply the necessary paperwork to support your claim.

How to reduce the risks

• Freeze compromised accounts: If you think that some of your accounts have been compromised, call the bank immediately and request that the account be frozen or temporarily suspended, preventing further unauthorised truncations

• Update passwords: Update and change your passwords for all the financial accounts, emails, and online banking accounts regularly, if you suspect any unauthorised access, report it immediately  and always enable MFA that adds an extra layer of protection to your accounts.

Conclusion

The CID's finding of a cyber fraud network in Jharkhand is a stark reminder of the ever-changing nature of cybersecurity threats. Cyber security measures are necessary to prevent such activities and protect individuals and institutions from being targeted against cyber fraud. As the digital ecosystem continues to grow, it is really important to stay vigilant and alert as an individual and society as a whole. We should actively participate in more awareness activities to update and upgrade ourselves.  

References 

• https://avenuemail.in/cid-uncovers-alarming-cyber-fraud-network-8000-bank-accounts-in-jharkhand-involved/
• https://www.the420.in/jharkhand-cid-cyber-fraud-crackdown-8000-bank-accounts-involved/
• https://www.livehindustan.com/jharkhand/story-cyber-fraudsters-in-jharkhand-opened-more-than-8000-bank-accounts-cid-freezes-2000-accounts-investigating-9203292.html

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Introduction

Online Gaming has gained popularity over the past few years, attracting young players worldwide and global concerns. In response to the growing fame of this industry, the Indian government has recently announced introducing a set of regulations to address various concerns and ensure a safer and more regulated online gaming environment. In this blog post, we will explore the critical aspects of these regulations and their impact on the gaming industry.

Why are Regulations needed?

Recently some games faced a ban in India – games that involve betting, games that can be harmful to the user, and games that involve a factor of addiction. Furthermore, with rising popularity, With the exponential rise of online gaming platforms in India, extensive laws to safeguard players and ensure fair gameplay needs to be implemented. Players’ protection is one of the critical factors addressing the issues which involve online addiction, underage involvement, fraud, and data privacy has become critical for the well-being of Indian gamers.

Regulatory Ambiguity: The previous legislative structure, such as the outmoded Public Gambling Act of 1867, required an update to fit the digital gambling age fully.

Outline of the New Regulations

Implementing new regulations for online gaming in India represents the government’s commitment to addressing different issues and ensuring a safer and more regulated gaming sector. Let’s have a look at these rules in detail:

National-Level Standards: The Indian government is currently working on creating national-level standards to standardise online gaming practices across all states. These rules attempt to create a uniform platform for both operators and participants. The government has also made an announcement to set SRO within 90 days to regulate online gaming.

Licencing and Compliance: To legally operate in the Indian market, online gaming firms must secure licences. The operator’s financial soundness, security measures, and adherence to responsible gaming practices will be scrutinised throughout the licencing process. Operators will need to comply with the regulations in order to maintain operations.

Measures to Promote Ethical Gaming: The new regulations emphasise player protection and ethical gaming practices. This includes steps like age verification to prevent underage involvement, self-exclusion choices for gamers who want to limit their gaming activities, and adopting tools like session limits and reality checks to promote responsible gaming.

Data Privacy: Recognising the importance of data privacy, the laws are intended to contain protections for protecting user data. To safeguard sensitive player information from unauthorised access or exploitation, online gambling operators must comply with data protection regulations and deploy strong security measures.

Restrictions on Advertising and Marketing: The legislation may limit the advertising and marketing of online gaming platforms. The emphasis will be on eliminating aggressive marketing tactics that target vulnerable people, such as kids. Stricter standards for ad content and placement may be implemented.

Anti-Fraud and Anti-Money Laundering Measures: To combat criminal activity within the gaming ecosystem, the new legislation will almost certainly force online gambling companies to employ anti-fraud and anti-money laundering measures. Operators may need to set up mechanisms to detect fraud, report suspicious activity, and work with law enforcement.

Consumer Grievance Redressal: The legislation may emphasise the construction of efficient channels for resolving consumer complaints. Players should be able to report difficulties, seek resolution, and offer feedback on their play experiences through channels. The objective is to create a transparent and accountable conflict resolution mechanism.

Impact on Online Gaming Ecosystem

Adopting new laws for online gambling in India will likely have several consequences for the gaming industry. Let us look at some of these consequences:

Increased Player Trust: Implementing restrictions will increase player confidence in online gaming platforms. Establishing clear rules and procedures and steps to safeguard participants’ interests will develop a sense of trust and transparency. This can lead to increased participation and engagement in the gaming community.

Industry Consolidation: Stricter restrictions may result in industry consolidation. Compliance with the new legislation would need resources and investments, which might favour more prominent and more established gambling firms. Smaller and more non-compliant operators may find it challenging to fulfil regulatory standards, resulting in a more consolidated gaming sector.

Technological Progress: The requirement to comply with rules could lead to technological advancements in the online gambling sector. Operators may invest in modern identity verification systems, fraud detection methods, and responsible gaming solutions to satisfy their regulatory requirements. This can result in technological breakthroughs that improve gamers’ overall gaming experience.

Foreign Investment and Collaboration: Clear laws might entice overseas investors to enter the Indian gaming business. The regulated environment may appeal to international gambling enterprises looking to enter or extend their presence in India. Collaborations between Indian and foreign gaming firms may also expand, resulting in the sharing of experience, resources, and the production of high-quality gaming products.

Legal Clarity: Implementing particular laws would give online gambling operators and users clearer legal standards. This transparency can eliminate ambiguity and possible legal issues, allowing stakeholders to navigate the gaming ecosystem with better confidence and knowledge.

Contribution to the Indian Economy: A well-regulated online gaming business has the potential to contribute to the Indian economy. It has the potential to create jobs, attract investment, and produce tax money for the government. The economic effect of the gaming ecosystem is expected to increase as it grows under the new restrictions.

Challenges and Future Approach

One of the toughest challenges will be the efficient implementation and enforcement of the new regulations. Consistency in applying the legislation across multiple jurisdictions and guaranteeing compliance by all operators would necessitate comprehensive monitoring and regulatory measures. Developing suitable enforcement organisations and transparent standards for reporting and dealing with noncompliance will be critical. Besides this, online gaming is open to more than area-specific and many gaming platforms and operates internationally. Ensuring cross-border operations is a big challenge in addressing jurisdictional challenges will be complex. Collaborative efforts between nations can regulate cross-border online gaming. There may be increased collaboration between Indian and foreign gaming firms, resulting in the exchange of information, skills, and resources. This partnership can help the Indian gaming sector flourish while attracting foreign players and investments.

Esports Development: Esports have grown in popularity worldwide, and India is no exception. The Indian esports business has the potential to thrive with proper regulation and support, drawing both players and viewers. Esports-specific factors like player contracts, tournament integrity, and licencing requirements may be addressed in the regulations.

Conclusion

Despite obstacles, India’s new online gambling legislation can potentially establish a safer and more regulated gaming sector. the future depends on successful implementation, adjusting to a shifting landscape, finding the correct balance between regulation and innovation, and promoting ethical gaming practices. The Indian online gaming business can develop sustainably with the appropriate strategy, benefiting gamers and the broader economy.

Cyber, is the new weapon today! Cyber Violence is violence in cyber-space that has led to violation of cyber rights of individuals, especially those of children and women. Online violence and harassment have been overlooked laying more emphasis on offline or physical violence.

New Delhi [India], November 12 (ANI/NewsVoir): Cyber, is the new weapon today! Cyber Violence is violence in cyber-space that has led to violation of cyber rights of individuals, especially those of children and women. Online violence and harassment have been overlooked laying more emphasis on offline or physical violence. Cyber violence very often permanently, psychologically impacts the victims and their families. Various forms of threats ranging from morphing, stalking, solicitation of children for sexual purposes, online grooming, have grave consequences on the victims disturbing their mental well-being. Maintaining mental well-being in cyber space is a challenge we wish to promote and advocate for, in order to build responsible netizens.

Together, we stand against violation of cyber rights and strongly believe; it is critical to allow everyone to feel safe online. Netizen’s safety rights must be protected from all kinds of abuse and violence. Setting a mission of ‘Making India Cyber Safe for Children and Women’, Responsible Netism a social purpose organization in association with CyberPeace Foundation, an award-winning Cyber Security think tank working towards bringing CyberPeace in CyberSpace for more than two decades, host its 6th Annual National Conference on Cyber Psychology themed “India Fights Cyber Violence”, scheduled for Saturday, January 22, 2022. Ta advocate on the theme, the campaign #IndiaFightsCyberViolence was launched on November 11, 2021 by Vinay Sahasrabuddhe – President ICCR, Member of Parliament, Priyank Kanoongo – Chairperson, NCPCR and Rekha Sharma, Chairperson NCW at the ICCR Auditorium Delhi. The session was also attended by the CyberPeace Foundation team members.

Vinay Sahasrabuddhe has been a strong advocate of online safety of children, he shared his visionary words and focused on 3 R’s, Research, Reform and Reshape. He recommended extensive research was necessary to strongly voice concerns and remedies based on evidence-based research which would help us reform intervention strategies and the reshape the existing framework to best suit the needs to protect women and children in cyber space. The NCW Chairperson Rekha Sharma shared how critical it is to create awareness about online safety rights of women and reiterated the need for spreading awareness about online safety to reach the last mile in order to build collective action and bring change. She also mentioned the need to conducting nationwide trainings for the police personal to handle and report online distress.

Priyank Kanoongo, the Chairperson of NCPCR has been very proactively advocating for the cause of child online protection and has been instrumental in voicing critical in fiercely voicing his thoughts on protecting online safety rights of children across India. He shared the following thoughts at the launch. He said there is dire need to educate parents about online safety in order to let the information trickle down to their children. He said NCPCR does not hold any inhibitions in naming and shaming violators of child rights be it offline or online and will always raise a strong voice against platform ‘s inability to protect children in cyber space.

Vineet Kumar, Founder and Global President, CyberPeace Foundation, the partnering organization shared that this nationwide movement will build great momentum on the cause of online protection of children and women cross the country and urged organizations across India to pledge their support to the cause. The more people joining this movement would build collective pressure to formulate guidelines and policies the make cyber space safe for children and women. Sonali Patankar – Founder Responsible Netism shared the objective of the campaign was to let online safety reach the last mile and build on aggressive reporting of online content. The movement was an effort to make the campaign India Fights Cyber Violence to make India cyber safe for children.

She shared that the campaign launch would be followed by a nationwide research conducted to understand parents perspectives on cyber violence which would be handy in representing recommendations on women and child safety protocols through commoners. There would be a round table for organizations working with children chaired by Priyank Kanoongo on November 22 followed by a round table held for organizations working with Women chaired by Rekha Sharma Madam on December 22, 2021. The campaign would culminate in the Responsible Netism 6th National Cyber Psychology Conference scheduled for January 22, 2022 that would witness a compilation of the research and the work done throughout the campaign.

The launch was attended by Sujay Patki – Social Activist and Advisor Responsible Netism and Shilpa Chandolikar trustee Responsible Netism, Adv Khushbu Jain Advocate Supreme Court of India followed by the vote of thanks by Unmesh Joshi – Co-founder Responsible Netism. With the success of the launch and the support of NCPCR and NCW, we are sure to make this a nation-wide movement to protect cyber safety rights of netizens and strongly believe in collective action to make India Cyber Safe for Women and Children.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Source: https://www.devdiscourse.com/article/business/1804283-cyberpeace-foundation-and-responsible-netism-launches-campaign-india-fights-cyber-violence-against-women-and-children