#FactCheck-AI-generated video falsely shared as Saudi airstrike on Yemen's Sanaa International Airport

Executive Summary

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A postcard carrying the logo of Navbharat Times and featuring Prime Minister Narendra Modi is being widely shared on social media. The postcard quotes Modi as allegedly saying, “The gold of this country will be used for the people of this country. Gold is being sold to save the economy. If this is not done, the country's industrialists will be ruined and people will suffer from unemployment.”Based on this postcard, users are claiming that Prime Minister Modi justified the sale of the country's gold reserves by saying it was necessary to protect the economy and prevent industrialists from facing losses. However, CyberPeace Research Wing  research found that Prime Minister Modi never made such a statement. The viral Navbharat Times postcard has been digitally edited.

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Claim

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An X user with the handle “Brainwash” shared the postcard and wrote: “Sir, have you kept the PM CARES Fund for your own household? Take back the money distributed to industrialists. People should not fall for these claims. Everything they say is false and mere rhetoric.”

https://x.com/Bhawanipm/status/2062259463084785666 

https://archive.ph/hLBmP 

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Fact Check

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To verify the claim, we conducted keyword searches related to the purported statement. However, we found no credible reports, speeches, interviews, or official records in which Prime Minister Modi made such remarks about selling the country's gold reserves. We then examined the viral postcard and searched the social media handles of Navbharat Times for the original post. During this process, we found a similar postcard published on the Facebook page of Navbharat Times Uttar Pradesh on May 16, 2026. The design, layout, and image matched the viral postcard. However, the original post carried a completely different quote attributed to Prime Minister Modi.

The original postcard quoted Modi as saying: “This decade is becoming a decade of disasters for the world.”

https://www.facebook.com/photo/?fbid=1505172121619709&set=a.685493923587537 

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Conclusion

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Prime Minister Narendra Modi has not made any statement claiming that the country's gold is being sold to save the economy or to protect industrialists from losses. The viral Navbharat Times postcard has been digitally edited, and the quote attributed to Modi is fabricated.

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Introduction

On the precipice of a new domain of existence, the metaverse emerges as a digital cosmos, an expanse where the horizon is not sky, but a limitless scope for innovation and imagination. It is a sophisticated fabric woven from the threads of social interaction, leisure, and an accelerated pace of technological progression. This new reality, a virtual landscape stretching beyond the mundane encumbrances of terrestrial life, heralds an evolutionary leap where the laws of physics yield to the boundless potential inherent in our creativity. Yet, the dawn of such a frontier does not escape the spectre of an age-old adversary—financial crime—the shadow that grows in tandem with newfound opportunity, seeping into the metaverse, where crypto-assets are no longer just an alternative but the currency du jour, dazzling beacons for both legitimate pioneers and shades of illicit intent.

The metaverse, by virtue of its design, is a canvas for the digital repaint of society—a three-dimensional realm where the lines between immersive experiences and entertainment blur, intertwining with surreal intimacy within this virtual microcosm. Donning headsets like armor against the banal, individuals become avatars; digital proxies that acquire the ability to move, speak, and perform an array of actions with an ease unattainable in the physical world. Within this alternative reality, users navigate digital topographies, with experiences ranging from shopping in pixelated arcades to collaborating in virtual offices; from witnessing concerts that defy sensory limitations to constructing abodes and palaces from mere codes and clicks—an act of creation no longer beholden to physicality but to the breadth of one's ingenuity.

The Crypto Assets

The lifeblood of this virtual economy pulsates through crypto-assets. These digital tokens represent value or rights held on distributed ledgers—a technology like blockchain, which serves as both a vault and a transparent tapestry, chronicling the pathways of each digital asset. To hop onto the carousel of this economy requires a digital wallet—a storeroom and a gateway for acquisition and trade of these virtual valuables. Cryptocurrencies, with NFTs—Non-fungible Tokens—have accelerated from obscure digital curios to precious artifacts. According to blockchain analytics firm Elliptic, an astonishing figure surpassing US$100 million in NFTs were usurped between July 2021 and July 2022. This rampant heist underlines their captivating allure for virtual certificates. Empowers do not just capture art, music, and gaming, but embody their very soul.

Yet, as the metaverse burgeons, so does the complexity and diversity of financial transgressions. From phishing to sophisticated fraud schemes, criminals craft insidious simulacrums of legitimate havens, aiming to drain the crypto-assets of the unwary. In the preceding year, a daunting figure rose to prominence—the vanishing of US$14 billion worth of crypto-assets, lost to the abyss of deception and duplicity. Hence, social engineering emerges from the shadows, a sort of digital chicanery that preys not upon weaknesses of the system, but upon the psychological vulnerabilities of its users—scammers adorned in the guise of authenticity, extracting trust and assets with Machiavellian precision.

The New Wave of Fincrimes 

Extending their tentacles further, perpetrators of cybercrime exploit code vulnerabilities, engage in wash trading, obscuring the trails of money laundering, meander through sanctions evasion, and even dare to fund activities that send ripples of terror across the physical and virtual divide. The intricacies of smart contracts and the decentralized nature of these worlds, designed to be bastions of innovation, morph into paths paved for misuse and exploitation. The openness of blockchain transactions, the transparency that should act as a deterrent, becomes a paradox, a double-edged sword for the law enforcement agencies tasked with delineating the networks of faceless adversaries.

Addressing financial crime in the metaverse is Herculean labour, requiring an orchestra of efforts—harmonious, synchronised—from individual users to mammoth corporations, from astute policymakers to vigilant law enforcement bodies. Users must furnish themselves with critical awareness, fortifying their minds against the siren calls that beckon impetuous decisions, spurred by the anxiety of falling behind. Enterprises, the architects and custodians of this digital realm, are impelled to collaborate with security specialists, to probe their constructs for weak seams, and to reinforce their bulwarks against the sieges of cyber onslaughts. Policymakers venture onto the tightrope walk, balancing the impetus for innovation against the gravitas of robust safeguards—a conundrum played out on the global stage, as epitomised by the European Union's strides to forge cohesive frameworks to safeguard this new vessel of human endeavour.

The Austrian Example 

Consider the case of Austria, where the tapestry of laws entwining crypto-assets spans a gamut of criminal offences, from data breaches to the complex webs of money laundering and the financing of dark enterprises. Users and corporations alike must become cartographers of local legislation, charting their ventures and vigilances within the volatile seas of the metaverse.

Upon the sands of this virtual frontier, we must not forget: that the metaverse is more than a hive of bits and bandwidth. It crystallises our collective dreams, echoes our unspoken fears, and reflects the range of our ambitions and failings. It stands as a citadel where the ever-evolving quest for progress should never stray from the compass of ethical pursuit. The cross-pollination of best practices, and the solidarity of international collaboration, are not simply tactics—they are imperatives engraved with the moral codes of stewardship, guiding us to preserve the unblemished spirit of the metaverse.

Conclusion

The clarion call of the metaverse invites us to venture into its boundless expanse, to savour its gifts of connection and innovation. Yet, on this odyssey through the pixelated constellations, we harness vigilance as our star chart, mindful of the mirage of morality that can obfuscate and lead astray. In our collective pursuit to curtail financial crime, we deploy our most formidable resource—our unity—conjuring a bastion for human ingenuity and integrity. In this, we ensure that the metaverse remains a beacon of awe, safeguarded against the shadows of transgression, and celebrated as a testament to our shared aspiration to venture beyond the realm of the possible, into the extraordinary.

References 

• https://www.wolftheiss.com/insights/financial-crime-in-the-metaverse-is-real/ 
• https://gnet-research.org/2023/08/16/meta-terror-the-threats-and-challenges-of-the-metaverse/
• https://shuftipro.com/blog/the-rising-concern-of-financial-crimes-in-the-metaverse-aml-screening-as-a-solution/

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Introduction
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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?
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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. 
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The Rising Threat of Ransomware
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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.
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Why Indian SMEs Remain Vulnerable Despite Awareness
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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.
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Real-World Cyber Incidents Affecting Indian SMEs
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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.

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Bridging the Gap Between Awareness and Implementation
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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.
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The Way Forward: Strengthening SME Cybersecurity
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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.
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Conclusion
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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.
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References 
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1. https://www.ibm.com/think/topics/ransomware
2. https://primeinfoserv.com/indias-sme-cybersecurity-crisis-real-incidents-real-lessons-2024-2025/
3. https://timesofindia.indiatimes.com/city/gurgaon/ransomware-attack-on-apparel-firm-all-data-lost/articleshow/59496777.cms#
4. https://ciso.economictimes.indiatimes.com/news/cybercrime-fraud/indian-businesses-face-nearly-700-ransomware-attacks-per-day-kaspersky/120471668
5. https://smestreet.in/msmenews/indian-smes-remain-alarmingly-exposed-to-ransomware-threats-sophos-report-2025-9456628
6. https://m.economictimes.com/news/how-to/how-can-indian-smes-combat-ransomware-attacks/articleshow/108047111.cms

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