Viral Video Showing Man Frying Bhature on His Stomach Is AI-Generated

Introduction

In the labyrinthine world of digital currencies, a new chapter unfolds as India intensifies its scrutiny over the ethereal realm of offshore cryptocurrency exchanges. With nuance and determination that virtually mirrors the Byzantine complexities of the very currencies they seek to regulate, Indian authorities embark on a course of stringent oversight, bringing to the fore an ever-evolving narrative of control and compliance in the fintech sector. The government's latest manoeuvre—a directive to Apple Inc. to excise the apps of certain platforms, including the colossus Binance, from its App Store in India—signals a crescendo in the nation's efforts to rein in the unbridled digital bazaar that had hitherto thrived in a semi-autonomous expanse of cyberspace.

The directive, with ramifications as significant and intricate as the cryptographic algorithms that underpin the blockchain, stems from the Ministry of Electronics and Information Technology, which has cast eight exchanges, including Bitfinex, HTX, and Kucoin, into the shadows, rendering their apps as elusive as the Higgs boson in the vast App Store universe. The movement of these exchanges from visibility to obscurity in the digital storefront is cloaked in secrecy, with sources privy to this development remaining cloaked in anonymity, their identities as guarded as the cryptographic keys that secure blockchain transactions.

The Contention 

This escalation, however, did not manifest from the vacuum of the ether; it is the culmination of a series of precipitating actions that began unfolding on December 28th, when the Indian authorities unfurled a net over nine exchanges, ensnaring them with suspicions of malfeasance. The spectre of inaccessible funds, a byproduct of this entanglement, has since haunted Indian crypto traders, prompting a migration of deposits to local exchanges that operate within the nation's regulatory framework—a fortress against the uncertainties of the offshore crypto tempest.

The extent of the authorities' reach manifests further, beckoning Alphabet Inc.'s Google to follow in Apple's footsteps. Yet, in a display of the unpredictable nature of enforcement, the Google Play Store in India still played host to the very apps that Apple's digital Eden had forsaken as of a nondescript Wednesday afternoon, marked by the relentless march of time. The triad of power-brokers—Apple, Google, and India's technology ministry—has maintained a stance as enigmatic as the Sphinx, their communications as impenetrable as the vaults that secure the nation's precious monetary reserves.

Compounding the tightening of this digital noose, the Financial Intelligence Unit of India, a sentinel ever vigilant at the gates of financial propriety, unfurled a compliance show-cause notice to the nine offshore platforms, an ultimatum demanding they justify their elusive presence in Indian cyberspace. The FIU's decree echoed with clarity amidst the cacophony of regulatory overtures: these digital entities were tethered to operations sequestered in the shadows, skirting the reach of India's anti-money laundering edicts, their websites lingering in cyberspace like forbidden fruit, tantalisingly within reach yet potentially laced with the cyanide of non-compliance.

In this chaotic tableau of constraint and control, a glimmer of presence remains—only Bitstamp has managed to brave the regulatory storm, maintaining its presence on the Indian App Store, a lone beacon amid the turbulent sea of regimentation. Kraken, another leviathan of crypto depths, presented only its Pro version to the Indian connoisseurs of the digital marketplace. An aura of silence envelops industry giants such as Binance, Bitfinex, and KuCoin, their absence forming a void as profound as the dark side of the moon in the consciousness of Indian users. HTX, formerly known as Huobi, has announced a departure from Indian operations with the detached finality of a distant celestial body, cold and indifferent to the gravitational pull of India's regulatory orbit.

Compliances

In compliance with the provisions of the Money Laundering Act (PMLA) 2002 and the recent uproar on crypto assessment apps, Apple store finally removed these apps namely Binance and Kucoin from the store after receiving show cause notice. The alleged illegal operation and failure to comply with existing money laundering laws are major reasons for their removal. 

The Indian Narrative 

The overarching narrative of India's embrace of rigid oversight aligns with a broader global paradigm shift, where digital financial assets are increasingly subjected to the same degree of scrutiny as their physical analogues. The persistence in imposing anti-money laundering provisions upon the crypto sector reflects this shift, with India positioning its regulatory lens in alignment with the stars of international accountability. The preceding year bore witness to seismic shifts as Indian authorities imposed a tax upon crypto transactions, a move that precipitated a downfall in trading volumes, reminiscent of Icarus's fateful flight—hubris personified as his waxen appendages succumbed to the unrelenting kiss of the sun.

On a local scale, trading powerhouses lament the imposition of a 1% levy, colloquially known as Tax Deducted at Source. This fiscal shackle drove an exodus of Indian crypto traders into the waiting, seemingly benevolent arms of offshore financial Edens, absolved of such taxational rites. As Sumit Gupta, CEO of CoinDCX, recounted, this fiscal migration witnessed the haemorrhaging of revenue. His estimation that a staggering 95% of trading volume abandoned local shores for the tranquil harbours of offshore havens punctuates the magnitude of this phenomenon.

Conclusion 

Ultimately, the story of India's proactive clampdown on offshore crypto exchanges resembles a meticulously woven tapestry of regulatory ardour, financial prudence, and the inexorable progression towards a future where digital incarnations mirror the scrutinised tangibility of physical assets. It is a saga delineating a nation's valiant navigation through the tempestuous, cryptic waters of cryptocurrency, helming its ship with unwavering determination, with eyes keenly trained on the farthest reaches of the horizon. Here, amidst the fusion of digital and corporeal realms, India charts its destiny, setting its sails towards an inextricably linked future that promises to shape the contour of the global financial landscape.

References 

• https://www.business-standard.com/markets/cryptocurrency/govt-escalates-clampdown-on-offshore-crypto-venues-like-binance-report-124011000586_1.html
• https://www.cnbctv18.com/technology/india-escalates-clampdown-on-offshore-crypto-exchanges-like-binance-18763111.htm
• https://economictimes.indiatimes.com/tech/technology/centre-blocks-web-platforms-of-offshore-crypto-apps-binance-kucoin-and-others/articleshow/106783697.cms?from=mdr

Introduction

Words come easily, but not necessarily the consequences that follow. Imagine a 15-year-old child on the internet hoping that the world will be nice to him and help him gain confidence, but instead, someone chooses to be mean on the internet, or the child becomes the victim of a new kind of cyberbullying, i.e., online trolling. The consequences of trolling can have serious repercussions, including eating disorders, substance abuse, conduct issues, body dysmorphia, negative self-esteem, and, in tragic cases, self-harm and suicide attempts in vulnerable individuals. The effects of online trolling can include anxiety, depression, and social isolation. This is one example, and hate speech and online abuse can touch anyone, regardless of age, background, or status. The damage may take different forms, but its impact is far-reaching. In today’s digital age, hate speech spreads rapidly through online platforms, often amplified by AI algorithms. 

As we celebrate today, i.e., 18th June, the International Day for Countering Hate Speech, if we have ever been mean to someone on the internet, we pledge never to repeat that kind of behaviour, and if we have been the victim, we will stand against the perpetrator and report it. 

This year, the theme for the International Day for Countering Hate Speech is “Hate Speech and Artificial Intelligence Nexus: Building coalitions to reclaim inclusive and secure environments free of hatred. UN Secretary-General Antonio Guterres, in his statement, said, “Today, as this year’s theme reminds us, hate speech travels faster and farther than ever, amplified by Artificial Intelligence. Biased algorithms and digital platforms are spreading toxic content and creating new spaces for harassment and abuse."

Coded Convictions: How AI Reflects and Reinforces Ideologies

Algorithms have swiftly taken the place of feelings; they tamper with your taste, and they do so with a lighter foot, invisibly. They are becoming an important component of social media user interaction and content distribution. While these tools are designed to improve user experience, they frequently inadvertently spread divisive ideologies and push extremist propaganda. This amplification can strengthen the power of extremist organisations, spread misinformation, and deepen societal tensions. This phenomenon, known as “algorithmic radicalisation,” demonstrates how social media companies may utilise a discriminating content selection approach to entice people down ideological rabbit holes and shape their ideas. AI-driven algorithms often prioritise engagement over ethics, enabling divisive and toxic content to trend and placing vulnerable groups, especially youth and minorities, at risk. The UN’s Strategy and Plan of Action on Hate Speech, launched on June 18, 2019, recognises that while AI holds promise for early detection and prevention of harmful speech, it also demands stringent human rights safeguards. Without regulation, these tools can themselves become purveyors of bias and exclusion. 

India’s Constitutional Resolve and Civilizational Ethos against Hate

India has always taken pride in being inclusive and united rather than divided. As far as hate speech is concerned, India's stand is no different. The United Nations, India believes in the same values as its international counterpart. Although India has won many battles against hate speech, the war is not over and is now more prominent than ever due to the advancement in communication technologies. In India, while the right to freedom of speech and expression is protected under Article 19(1)(a), its exercise is limited subject to reasonable restrictions under Article 19(2). Landmark rulings such as Ramji Lal Modi v. State of U.P. and Amish Devgan v. UOI have clarified that speech can be curbed if it incites violence or undermines public order. Section 69A of the IT Act, 2000, empowers the government to block content, and these principles are also reflected in Section 196 of the BNS, 2023 (153A IPC) and Section 299 of the BNS, 2023 (295A IPC). Platforms are also required to track down the creators of harmful content and remove it within a reasonable hour and fulfil their due diligence requirements under IT rules.

While there is no denying that India needs to be well-equipped and prepared normatively to tackle hate propaganda and divisive forces. India’s rich culture and history, rooted in philosophies of Vasudhaiva Kutumbakam (the world is one family) and pluralistic traditions, have long stood as a beacon of tolerance and coexistence. By revisiting these civilizational values, we can resist divisive forces and renew our collective journey toward harmony and peaceful living.

CyberPeace Message

The ultimate goal is to create internet and social media platforms that are better, safer and more harmonious for each individual, irrespective of his/her/their social and cultural background. CyberPeace stands resolute on promoting digital media literacy, cyber resilience, and consistently pushing for greater accountability for social media platforms. 

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References

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• https://www.un.org/en/observances/countering-hate-speech 
• https://www.artemishospitals.com/blog/the-impact-of-trolling-on-teen-mental-health 
• https://www.orfonline.org/expert-speak/from-clicks-to-chaos-how-social-media-algorithms-amplify-extremism ‍
• https://www.techpolicy.press/indias-courts-must-hold-social-media-platforms-accountable-for-hate-speech/

Introduction

Ransomware is one of the serious cyber threats as it causes consequences such as financial losses, data loss, and reputation damage. Recently in 2023, a new ransomware called Akira ransomware emerged or surfaced. It has targeted and affected various enterprises or industries, such as BSFI, Construction, Education, Healthcare, Manufacturing, real estate and consulting, primarily based in the United States. Akira ransomware has targeted industries by exploiting the double-extortion technique by exfiltrating and encrypting sensitive data and imposing the threat on victims to leak or sell the data on the dark web if the ransom is not paid. The Akira ransomware gang has extorted a ransom ranging from $200,000 to millions of dollars.

Uncovering the Akira Ransomware operations and their targets

Akira ransomware gang has gained unauthorised access to computer systems by using sophisticated encryption algorithms to encrypt the Data. When such an encryption process is completed, the affected device or network will not be able to access its files or use its data.

The affected files by Akira ransomware showed the extension named “.akira”, and the file’s icon shows blank white pages. The Akira ransomware has developed a data leak site so as to extort victims.  And it has also used the ransom note named “akira_readme.txt”.

Akira ransomware steeled the corporate data of various organisations, which the Akira ransomware gang used as leverage while threatening the affected organisation with high ransom demands. Akira Ransomware gang threaten the victims to leak their sensitive data or corporate data in the public domain if the demanded ransom amount is not paid. Akira ransomware gang has leaked the data of four organisations and the size ranges from 5.9GB to 259 GB of data leakage.

Akira Ransomware gang communicating with Victims

The Akira ransomware has provided a unique negotiation password to each victim to initiate communication. Where the ransomware gang deployed a chat system for the purpose of negotiation and demanding ransom from the affected organisations. They have deployed a ransom note as akira_readme.txt so as to provide information as to how they have affected the victim’s files or data along with links to the Akira data leak site and negotiation site.

How Akira Ransomware is different from Pegasus Spyware

Pegasus, developed in the year 2011, belongs to one of the most powerful family of spyware. Once it has infected, it can spear your phone and your text messages or emails. It has the ability to turn your phone into a surveillance device, from copying your messages to harvesting your photos and recording calls. In fact, it has the ability to record you through your phone camera or record your conversation by using your microphone, it also has the ability to track your pinpoint location. In contrast, newly Akira ransomware affects encrypting your files and preventing access to your Data and then asking for ransom n the pretext of leaking your data or for decryption.

How to recover from malware attacks

If affected by such type of malware attack, you can use anti-malware tools such as SpyHunter 5 or Malwarebytes to scan your system. These are the security software which can scan your system and remove suspicious malware files and entries. If you are unable to perform the scan or antivirus in normal mode due to malware in your system, you can use it in Safe Mode. And try to find a relevant decryptor which can help you to recover your files. Do not fall into a ransomware gang’s trap because there is no guarantee that they will help you to recover or will not leak your data after paying the ransom amount.

Best practices to be safe from such ransomware attacks

Conclusion

The Akira ransomware operation poses serious threats to various organisations worldwide. There is a high need to employ robust cybersecurity measures to safeguard networks and sensitive data. Organisations must ensure to keep their software system updated and backed up to a secure network on a regular basis. Paying the ransom is illegal mean instead you should report the incident to law enforcement agencies and can consult with cybersecurity professionals for the recovery method.