#FactCheck -False Claim About Indian Ships Paying Iran in Yuan to Pass Strait of Hormuz Goes Viral Amid Geopolitical Tensions
Executive Summary
Amid the ongoing geopolitical tensions involving the US, Israel, and Iran, and reports of disruptions in the Strait of Hormuz affecting cargo ship movement and global crude oil prices, several posts on social media have made a viral claim. The posts allege that Indian cargo vessels are being allowed to pass through the Strait of Hormuz after payments to Iran were made in Chinese currency, the yuan. The claim has been widely circulated from certain social media accounts, suggesting a shift in India’s trade and payment arrangements. However, a fact-check by CyberPeace Research Wing has found the claim to be false.
Claim
A social media user “MEHF voice 2.0” shared a viral post (archived link), claiming that an Indian oil tanker secured passage through the Strait of Hormuz by making payments in Chinese yuan. The post further suggested that India had formed a new alignment with China, bypassing the US dollar system.

Fact Check
Due to US sanctions, Iran is excluded from the international banking network SWIFT, which prevents direct trade settlements in US dollars or euros. As a result, India and Iran conduct trade through a specially designed rupee–rial payment mechanism. According to a Ministry of Commerce and Industry release (based on a written reply in Parliament), India and Iran established this arrangement to facilitate bilateral trade using local currencies instead of the US dollar.

Further, information from the Indian Embassy in Tehran notes that rupee-based payments are processed through UCO Bank and Iranian banks with vostro accounts, enabling trade settlement outside sanctioned banking channels. IDBI Bank has also been part of efforts to expand rupee-based transactions with Iran.
The Ministry of External Affairs’ official fact-check handle has also debunked this claim, confirming that it is false.

Conclusion
The viral claim that Indian oil tankers are paying in Chinese yuan to pass through the Strait of Hormuz is false. India and Iran conduct trade settlements through a rupee–rial payment mechanism, not through the Chinese currency.
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Overview:
A recent addition to the list of cybercrime is SharpRhino, a RAT (Remote Access Trojan) actively used by Hunters International ransomware group. SharpRhino is highly developed and penetrates into the network mask of IT specialists, primarily due to the belief in the tools’ legitimacy. Going under the genuine software installer, SharpRhino started functioning in mid-June 2024. However, Quorum Cyber discovered it in early August 2024 while investigating ransomware.
About Hunters International Group:
Hunters International emerged as one of the most notorious groups focused on ransomware attacks, having compromised over 134 targets worldwide in the first seven months of 2024. It is believed that the group is the rebranding of Hive ransomware group that was previously active, and there are considerable similarities in the code. Its focus on IT employees in particular demonstrates the fact that they move tactically in gaining access to the organizations’ networks.
Modus Operandi:
1. Typosquatting Technique
SharpRhino is mainly distributed by a domain that looks like the genuine Angry IP Scanner, which is a popular network discovery tool. The malware installer, labeled as ipscan-3.9.1-setup. It is a 32-bit Nullsoft installer which embeds a password protected 7z archive in it.
2. Installation Process
- Execution of Installer: When the victim downloads and executes the installer and changes the windows registry in order to attain persistence. This is done by generating a registry entry that starts a harmful file, Microsoft. AnyKey. exe, are fakes originating from fake versions of true legitimate Microsoft Visual Studio tools.
- Creation of Batch File: This drops a batch file qualified as LogUpdate at the installer.bat, that runs the PowerShell scripts on the device. These scripts are to compile C# code into memory to serve as a means of making the malware covert in its operation.
- Directory Creation: The installer establishes two directories that allow the C2 communication – C:\ProgramData\Microsoft: WindowsUpdater24 and LogUpdateWindows.
3. Execution and Functionality:
- Command Execution: The malware can execute PowerShell commands on the infected system, these actions may involve privilege escalation and other extended actions such as lateral movement.
- C2 Communication: SharpRhino interacts with command and control servers located on domains from platforms such as Cloudflare. This communication is necessary for receiving commands from the attackers and for returning any data of interest to the attackers.
- Data Exfiltration and Ransomware Deployment: Once SharpRhino has gained control, it can steal information and then proceed to encrypt it with a .locked extension. The procedure generally concludes with a ransom message, which informs users on how to purchase the decryption key.
4. Propagation Techniques:
Also, SharpRhino can spread through the self-copying method, this is the virus may copy itself to other computers using the network account of the victim and pretending to be trustworthy senders such as emails or network-shared files. Moreover, the victim’s machine may then proceed to propagate the malware to other systems like sharing in the company with other employees.
Indicators of Compromise (IOCs):
- LogUpdate.bat
- Wiaphoh7um.t
- ipscan-3.9.1-setup.exe
- kautix2aeX.t
- WindowsUpdate.bat
Command and Control Servers:
- cdn-server-1.xiren77418.workers.dev
- cdn-server-2.wesoc40288.workers.dev
- Angryipo.org
- Angryipsca.com
Analysis:

Graph:

Precautionary measures to be taken:
To mitigate the risks posed by SharpRhino and similar malware, organizations should implement the following measures:
- Implement Security Best Practices: It is important only to download software from official sites and avoid similar sites to confuse the user by changing a few letters.
- Enhance Detection Capabilities: Use technology in detection that can detect the IOCs linked to Sharp Rhino.
- Educate Employees: Educate IT people and employees on phishing scams and the requirement to check the origin of the application.
- Regular Backups: It is also important to back up important files from systems and networks in order to minimize the effects of ransomware attacks on a business.
Conclusion:
SharpRhino could be deemed as the evolution of the strategies used by organizations like Hunters International and others involved in the distribution of ransomware. SharpRhino primarily focuses on the audience of IT professionals and employs complex delivery and execution schemes, which makes it an extremely serious threat for corporate networks. To do so it is imperative that organizations have an understanding of its inner workings in order to fortify their security measures against this relatively new threat. Through the enforcement of proper security measures and constant enlightenment of organizations on the importance of cybersecurity, firms can prevent the various risks associated with SharpRhino and related malware. Be safe, be knowledgeable, and most importantly, be secure when it comes to cyber security for your investments.
Reference:
https://cybersecuritynews.com/sharprhino-ransomware-alert/
https://cybersecsentinel.com/sharprhino-explained-key-facts-and-how-to-protect-your-data/
https://www.dataprivacyandsecurityinsider.com/2024/08/sharprhino-malware-targeting-it-professionals/

One of the best forums for many video producers is YouTube. It also has a great chance of generating huge profits. YouTube content producers need assistance to get the most views, likes, comments, and subscribers for their videos and channels. As a result, some people could use YouTube bots to unnaturally raise their ranks on the YouTube site, which might help them get more organic views and reach a larger audience. However, this strategy is typically seen as unfair and can violate the YouTube platform’s terms of service.
As YouTube grows in popularity, so does the usage of YouTube bots. These bots are software programs that may automate operations on the YouTube platform, such as watching, liking, or disliking videos, subscribing to or unsubscribing from channels, making comments, and adding videos to playlists, among others. There have been YouTube bots around for a while. Many YouTubers widely use these computer codes to increase the number of views on their videos and accounts, which helps them rank higher in YouTube’s algorithm. Researchers discovered a new bot that takes private information from YouTube users’ accounts.
CRIL (Cyble Research and Intelligence Labs) has been monitoring new and active malware families CRIL has discovered a new YouTube bot virus capable of viewing, liking, and commenting on YouTube videos. Furthermore, it is capable of stealing sensitive information from browsers and acting as a bot that accepts orders from the Command and Control (C&C) server to carry out other harmful operations.
The Bot Insight
This YouTube bot has the same capabilities as all other YouTube bots, including the ability to view, like, and comment on videos. Additionally, it has the ability to steal private data from browsers and act as a bot that takes commands from a Command and Control (C&C) server for various malicious purposes. Researchers from Cyble discovered the inner workings of this information breach the Youtube bot uses the sample hash(SHA256) e9dac8b677a670e70919730ee65ab66cc27730378b9233d944ad7879c530d312.They discovered that it was created using the.NET compiler and is an executable file with a 32-bit size.
- The virus runs an AntiVM check as soon as it is executed to thwart researchers’ attempts to find and analyze malware in a virtual environment.
- It stops the execution if it finds that it is operating in a regulated setting. If not, it will carry out the tasks listed in the argument strings.
- Additionally, the virus creates a mutex, copies itself to the %appdata% folder as AvastSecurity.exe, and then uses cmd.exe to run.
- The new mutex makes a task scheduler entry and aids in ensuring
- The victim’s system’s installed Chromium browsers are used to harvest cookies, autofill information, and login information by the AvastSecurity.exe program.
- In order to view the chosen video, the virus runs the YouTube Playwright function, passing the previously indicated arguments along with the browser’s path and cookie data.
- YouTube bot uses the YouTube Playwright function to launch the browser environment with the specified parameters and automate actions like watching, liking, and commenting on YouTube videos. The feature is dependent on Microsoft. playwright’s kit.
- The malware establishes a connection to a C2 server and gets instructions to erase the entry for the scheduled task and end its own process, extract log files to the C2 server, download and run other files, and start/stop watching a YouTube movie.
- Additionally, it verifies that the victim’s PC has the required dependencies, including the Playwright package and the Chrome browser, installed. When it gets the command “view,” it will download and install these dependencies if they are missing.
Recommendations
The following is a list of some of the most critical cybersecurity best practices that serve as the first line of defense against intruders. We propose that our readers follow the advice provided below:
- Downloading pirated software from warez/torrent websites should be avoided. Such a virus is commonly found in “Hack Tools” available on websites such as YouTube, pirate sites, etc.
- When feasible, use strong passwords and impose multi-factor authentication.
- Enable automatic software updates on your laptop, smartphone, and other linked devices.
- Use a reputable antivirus and internet security software package on your linked devices, such as your computer, laptop, and smartphone.
- Avoid clicking on suspicious links and opening email attachments without verifying they are legitimate.Inform staff members on how to guard against dangers like phishing and unsafe URLs.
- Block URLs like Torrent/Warez that might be used to propagate malware.To prevent malware or TAs from stealing data, keep an eye on the beacon at the network level.
Conclusion
Using YouTube bots may be a seductive strategy for content producers looking to increase their ranks and expand their viewership on the site. However, the employment of bots is typically regarded as unfair and may violate YouTube’s terms of service. Utilizing YouTube bots carries additional risk because they might be identified, which could lead to account suspension or termination for the user. Mitigating this pressing issue through awareness drives and surveys to determine the bone of contention is best. NonProfits and civil society organizations can bridge the gap between the tech giant and the end user to facilitate better know-how about these unknown bots.

Introduction
Rapid growth in India’s Digital Economy has opened up various options for companies to utilise digital technology as part of their operations. Examples of these technologies include cloud computing; online payment systems; digitally enabled supply chains; and platforms that facilitate remote working. As small and medium enterprises(SMEs) represent a major part of India’s economy, they have quickly been able to capitalise on the benefits these technologies provide in improving their operational efficiency and developing an increased presence within the market. However, this rapid pace of digitalisation creates an exposure to a much greater breadth of cyber-security threats than ever for SMEs. Today, perhaps the greatest cyber-threat facing SMEs in India is ransomware, an increasing frequent type of cyber-attack that has been increasing on a global scale over the past few years and in response, there have been numerous initiatives by various government agencies, industry organisations, and cyber-security firms designed to educate the general public on the risks of ransomware.
What is Ransomware?
Ransomware is a type of malware, which prevents all users being able to access their file system or access their data until they pay a ransom. In a standard ransomware event an attacker will breach the company's network, and encrypt all critical files so that they are unable to be used. The attacker usually demands payment in bitcoin because it is a difficult trace and promises to provide a key to unlock the data in exchange for the payment. Attackers gain access to company networks by using social engineering techniques such as phishing email, stolen password, or exploiting an unpatched vulnerability in the software that is running on the company's network.
The Rising Threat of Ransomware
Cybercriminals have created one of the most destructive varieties of cybercrimes around the world through ransomware; while experts in the cybersecurity field project losses to global ransomware damage may reach $30 billion by 2025. There has also been a marked increase in SMEs being attacked by ransomware-based cybercriminals throughout India. NASSCOM has done research and found that many SMEs in India have experienced attempted ransomware attacks in the past few years alone. According to incident reports provided through CERT-In, there has been a noticeable increase in the number of cybercrime occurrences throughout different sectors of India’s economy since those reports began. These developments have shown an increase in the size and level of sophistication of ransomware related threats.
Why Indian SMEs Remain Vulnerable Despite Awareness
Despite increased awareness about cyber threats, there is a large number of Indian SMEs that continue to be vulnerable to ransomware. The main reason is financial limitations. Many small businesses typically have limited financial resources and those limited resources more often than not, go towards operations, including production, logistics, and marketing - cybersecurity costs are usually viewed as additional costs.
Another significant problem facing SMEs is a shortage of skilled cybersecurity professionals. Large enterprises typically have dedicated security teams responsible for protecting the enterprise, whereas SMEs will employ IT staff generally without any specific expertise in detecting/countering cyber threats. Human error are also significant contributors to these cyber incursion events. An employee can inadvertently click on an email link or download an infected attachment, or use a weak password - all of which could provide opportunities for cybercriminals to access the company's network. Phishing emails continue to be the most common approach for initiating ransomware.
Furthermore - many SMEs have implemented digital platforms, such as cloud-based applications and payment processing, without appropriately executing cybersecurity planning prior to implementation. Many of the issues that have arisen from such rapid digitisation are due to a lack of sufficient planned cybersecurity measures as part of the implementation process. This has also resulted in a situation where technological advancements such as Ransomware as a Service (RaaS) have created an even larger pool of potential perpetrators (cybercriminals) with little-to-no expertise being able to launch a widespread ransomware campaign using readily available/pre-manufactured tools.
Real-World Cyber Incidents Affecting Indian SMEs
As several examples recently demonstrate, Indian SMEs continue to experience significant cyber attack risks. Recently, a logistics firm located in Gurugram found itself locked out of nearly 4,000 shipments due to a ransomware attack, which cost them ₹12 lakhs to fix because they had poor backups and another incident in Gurugram which highlights how vulnerable many SMEs in the country continue to be to ransomware attacks. In the case of a garments company, a hacker compromised the company's server by placing ransomware on its system. The company was forced to shut down its computerised warehouse system as a result of the attack. Only after the company had lost access to its system, did it receive a ransom demand from the hacker, in the form of an email requesting payment of 15 bitcoins (approximately ₹25 lakh), in order for the hacker to restore the company's access to the system. The hacker also threatened to delete the company's financial and banking records if the ransom were not paid. Gurgaon Police's Cyber Cell received the report of the incident, and registered a first information report (FIR) against unknown hackers. The case represents an opportunity for SMEs to evaluate the risks associated with ransomware.
Bridging the Gap Between Awareness and Implementation
Although awareness campaigns can show organisations what types of cybersecurity risks they’re exposed to, these campaigns will not keep businesses from being victims of a ransomware attack by themselves.. The most critical step forward is the implementation of the principles of cybersecurity from an understanding viewpoint to that of an active action. Organisations need to go beyond being aware of the risks related to cyber and then put measures in place to mitigate those risks.
To improve cybersecurity, organisations may need to spend money on developing and maintaining systems; set up regular training for employees on handling cyber threats and implementing an incident response plan to address security incidents; back up data regularly; maintain the hardware and software used in the organisation's computer systems at least once a month (or more often if necessary); and monitor all aspects of its computer systems continuously for weaknesses or problems.
The Way Forward: Strengthening SME Cybersecurity
In order to truly address the ransomware threat, collaboration by businesses, government agencies and cyber security professionals is mandatory. One of the biggest roles in this collaboration is through governmental initiatives to enhance the overall level of awareness of digital security among SMEs (small to medium-sized enterprises). Improved SME understanding of cyber risks will be based on the availability of affordable security solutions that are specifically tailored for small businesses.
Industry partnerships as well as public-private partnerships also aid the sharing of threat intelligence to strengthen collaborative defense against all cybercriminal activity.
Conclusion
Despite Indian SMEs being aware of cyber threats, they have been unable to implement safeguards or Cyber Security plans due to limited financial resources, insufficient qualified personnel, human errors, and the rapid pace at which digital technology is being adopted without adequate Cyber Security measures. In order to respond effectively to the growing threat of Ransomware, Indian SMEs must evolve from being aware of cyber threats to proactively developing Cyber Security strategies that will allow them to prevent, prepare for, and recover from the increased cyber threat posed by the rapidly growing digitalisation of business within an increasingly globalised economy.
References
- https://www.ibm.com/think/topics/ransomware
- https://primeinfoserv.com/indias-sme-cybersecurity-crisis-real-incidents-real-lessons-2024-2025/
- https://timesofindia.indiatimes.com/city/gurgaon/ransomware-attack-on-apparel-firm-all-data-lost/articleshow/59496777.cms#
- https://ciso.economictimes.indiatimes.com/news/cybercrime-fraud/indian-businesses-face-nearly-700-ransomware-attacks-per-day-kaspersky/120471668
- https://smestreet.in/msmenews/indian-smes-remain-alarmingly-exposed-to-ransomware-threats-sophos-report-2025-9456628
- https://m.economictimes.com/news/how-to/how-can-indian-smes-combat-ransomware-attacks/articleshow/108047111.cms