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New Ransomware Spreads Through Russia and Europe

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New Ransomware Spreads Through Russia and Europe,Startup Stories,Latest Business Updates 2017,Inspirational Stories 2017,Bad Rabbit Ransomware Strikes,New Ransomware Attack in Russia,Recent Cyber Attacks in 2017,Notpetya Ransomware Attack 2017,Latest Cyber Attack 2017,Latest Technology News and Updates

BadRabbit, a new ransomware, the next big cyber attack since ‘NotPetya,’ has been spreading across Russia, Ukraine and other Eastern European countries. Ukraine’s Computer Emergency Response Team (CERT) has confirmed the news regarding the new wave of hacks infecting computer systems in the country. 

According to media reports, the ransomware is targeting corporate networks, computer systems for the Kiev Metro, Ukraine’s Odessa International Airport and several Russian media outlets. The malware has also reached Turkey and Bulgaria in addition to Germany and a few other countries. Currently, ESET and Kaspersky’s cybersecurity researchers are keeping a track of the attack.

According to ESET, the malware used for the cyber attack was Diskcoder.D, which is a new variant of ransomware also known as Petya. In June this year, the previous variant of Diskcoder, NotPetya, was used in a damaging cyber attack on a global scale. According to Wired, Kaspersky has counted close to 200 BadRabbit victims out of which 50 or 60 are Ukrainian government computers. However, ESET estimated only 12. 2% of victims were from Ukraine while 65% of the victims were in Russia.

Speaking about the latest cyber attack, Roman Boyarchuk, the Head of the Center for Cyber Protection in Ukraine said, “A lot of systems have been manually disconnected because of the attack, in part to control the spread of the ransomware.” While the outbreak has affected only a small fraction of the size of the NotPetya epidemic, Kaspersky found strong evidence tying the new attack to the creators of the NotPetya ransomware. The cybersecurity firm noted 30 sites which were used to spread Petya also began the distribution of the BadRabbit malware on Tuesday.

The Director of Kaspersky’s Global Research and Analysis team, Costin Raiu, said, “This indicates that the actors behind ExPetr/NotPetya have been carefully planning the BadRabbit attack since July.” The new ransomware, according to Kaspersky, spreads by using the Windows Management Instrumentation Command Line in combination with user credentials the malware steals using the open source tool Mimikatz. Similar to NotPetya, BadRabbit also uses Microsoft’s Server Message Block protocol to spread between computers, using the credentials hardcoded into its software.  

Despite the various similarities, it’s still unclear who is behind the recent attack. All computers affected with the malware were directed to a .onion Tor domain and asked to pay 0.05 Bitcoins or roughly $ 276 in exchange for their data. However, all infected users are discouraged from paying the ransom as it is not yet clear if BadRabbit actually decrypts the data after collecting the ransom. 

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Artificial Intelligence

Airtel’s Sunil Mittal Exposes AI Voice Cloning Scam That Nearly Defrauded Bharti Enterprises!

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At the NDTV World Summit, Sunil Bharti Mittal, Chairman of Bharti Enterprises, revealed a startling incident involving an AI-powered scam that nearly defrauded his company. The scam involved the use of artificial intelligence to clone Mittal’s voice, fooling one of his executives in Dubai into believing they were speaking with the chairman himself. The scammer demanded a substantial money transfer, and the AI-generated voice was so convincing that Mittal acknowledged, “It was perfectly articulated, just as I would speak.”

Quick Thinking Saves the Day

Fortunately, the vigilant executive quickly realized something was amiss. “The official, who was alert and sensible, immediately recognized it was a scam,” Mittal shared, stressing how close the company came to being defrauded. He noted that the AI-cloned voice was almost indistinguishable from his own, making the scam particularly difficult to detect.

Implications of AI Misuse

Mittal’s warning sheds light on the rising misuse of AI in sophisticated fraud schemes. Cybercriminals are increasingly employing AI to clone voices and deceive victims, posing significant challenges for companies and individuals alike.

“Anyone who wasn’t vigilant could have easily fallen for it,” Mittal cautioned, underscoring the complexity and effectiveness of these AI-driven scams.

Broader Concerns About AI Misuse

In addition to voice cloning, Mittal expressed concerns over other ways AI could be exploited for fraud. He warned that AI could potentially be used to forge digital signatures or create deepfake videos, allowing criminals to manipulate individuals during virtual meetings. This growing threat demands heightened awareness and caution as AI becomes more integrated into both business and personal interactions.

The Dual Nature of AI

However, Mittal emphasized the dual nature of AI, acknowledging its vast potential for innovation while warning against its misuse. “We must protect our societies from the evils of AI while also embracing its benefits,” he remarked. He called for a balanced approach where the advantages of AI are harnessed responsibly while safeguards are put in place to prevent its exploitation.

The Competitive Edge of AI

Despite the risks, Mittal also highlighted the strategic importance of AI for businesses and nations. He warned that those who fail to adopt AI could fall behind in terms of innovation and competitiveness.

“Companies and nations that do not embrace AI will be left behind,” Mittal stressed, urging swift and responsible adoption of AI technologies.

A Rising Threat: AI-Powered Scams

The attempted fraud at Bharti Enterprises is part of a broader trend of AI-enabled scams that have been on the rise. AI technologies are increasingly being used to replicate voices and impersonate individuals, often to extract money or sensitive information.

Notable Incidents

In some instances, scammers are using AI to conduct “digital arrest” scams, impersonating law enforcement officials in virtual settings to pressure victims into making payments. Mittal’s warning follows several high-profile cases of AI-driven fraud. One such incident involved SP Oswal, Chairman of Vardhman Group, who lost ₹7 crore after scammers posing as government officials used fake documents and AI-generated virtual environments to trick him into making a payment.

Conclusion

As AI continues to evolve, so too do the methods used by cybercriminals. Mittal’s experience serves as a crucial reminder of the importance of vigilance and the need for robust security measures to protect against the growing threat of AI-powered scams.

Call for Action

The incident emphasizes the necessity for businesses and individuals alike to adopt advanced security protocols and maintain awareness regarding emerging technologies. As cyber threats become more sophisticated with advancements in AI, proactive measures will be essential in safeguarding against potential frauds in an increasingly digital world.

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X Introduces Radar: A Game-Changing Real-Time Search Tool for Premium+ Subscribers!

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X, formerly known as Twitter, has rolled out a new feature called Radar, available exclusively to its Premium+ subscribers. Designed to enhance real-time engagement, Radar aims to revolutionize how users track live content by offering powerful, real-time search capabilities. This feature is poised to transform how people stay updated on trending topics, breaking news, and live events.

What Is X’s New Tool, Radar?

Radar is a cutting-edge tool that provides Premium+ users with instant access to up-to-the-second updates on everything from viral moments to major events. Unlike conventional search functions that rely on historical data or general algorithms, Radar focuses on delivering real-time results. Whether it’s the latest political developments, sports updates, or breaking news, users can access fresh content as it happens.

Evolution of the Tool

Originally known as “Insights” and initially offered to Verified Organizations for monitoring trends, the tool has been rebranded and expanded to Premium+ subscribers. Radar is particularly useful for those who need immediate access to the latest information—journalists, content creators, marketers, or even casual users eager to stay ahead of social conversations will find it invaluable.

How Radar Works

Leveraging X’s massive and constantly updating data stream, Radar surfaces relevant content based on live events. By entering keywords or hashtags, users can access the latest posts related to their query, with results filtered by both time and relevance. This functionality allows Premium+ subscribers to follow discussions in real time, offering a more dynamic and immersive experience compared to what regular users receive.

Example Use Cases

For example, during a high-stakes sports match or an election night, Radar provides continuously updated posts, images, and videos, ensuring that users don’t miss out on key moments. This constant refresh of information gives Premium+ subscribers a competitive edge in staying informed.

A Premium Feature for Premium Users

By limiting Radar to Premium+ subscribers, X is positioning the tool as a high-value feature for its top-tier members. This move aligns with the platform’s strategy of offering exclusive tools to its paying user base. Alongside Radar, Premium+ members already enjoy perks such as an ad-free experience, longer post visibility, and the ability to edit posts.

Subscription Details

The Premium+ subscription is priced at $16 per month or $168 per year when purchased via the web. It also includes a verified checkmark. The introduction of Radar could attract more users to upgrade their subscriptions as the demand for real-time information continues to grow in today’s fast-paced digital landscape.

Competitive Landscape

As X continues to evolve its platform and introduce new features, Radar represents a significant step in the company’s effort to monetize its offerings more effectively. By catering to the needs of users who rely on immediate access to information, X is solidifying its position as a go-to platform for real-time updates.

Market Context

The launch of Radar comes at a time when competition in the social media space is intensifying with platforms like Bluesky and Threads emerging as alternatives. By providing enhanced functionalities like Radar, X aims to retain existing users while attracting new ones who seek timely insights into current events.

Conclusion

With the introduction of Radar, X is not only enhancing user experience but also reinforcing its commitment to providing valuable tools that meet the demands of modern digital communication. The focus on real-time engagement positions X favorably in an increasingly competitive market where timely information is paramount.

As this feature rolls out and evolves further, it will be interesting to see how it impacts user engagement on the platform and whether it successfully converts more users into paying subscribers.

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Zomato CEO Deepinder Goyal Launches New Health Tech Venture ‘Continue’ for Wellness Tracking!

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Deepinder Goyal, co-founder and CEO of Zomato, has entered the health tech space with a new venture called Continue, focusing on wellness tracking and mental health. According to a report by Moneycontrol, the startup, still in stealth mode, aims to become “The Ultimate Health Tracker,” though detailed information is yet to be disclosed.

Background of Continue

Continue was incorporated in April 2023 under the name Upslope Advisors Pvt Ltd. Filings with the Ministry of Corporate Affairs list Goyal as the Director, with two Zomato employees—Akriti Mehta and Simrandeep Singh—serving as Additional Directors. This new venture reflects Goyal’s deepening interest in promoting longevity and human wellness, particularly through mental health solutions.

Vision and Features

While the platform’s exact features remain under wraps, it is expected to offer tools for:

  • Nutrition Tracking: Helping users monitor their dietary habits and nutritional intake.
  • Sleep Monitoring: Providing insights into sleep patterns and quality.
  • Preventive Healthcare: Encouraging proactive health measures to prevent illness.

There are indications that Continue may evolve into a comprehensive wellness platform addressing both mental and physical health needs.

Goyal’s Previous Involvement in Health Tech

Goyal’s interest in health tech is not new. He has previously invested in Ultrahuman, a wearable tech startup that enables users to monitor key health metrics such as sleep and heart rate. His personal fitness journey aligns with his growing involvement in wellness—Goyal has publicly shared that he lost 15 kilograms over the past four years by prioritizing his health alongside professional commitments.

Investment Background

Goyal first invested in Ultrahuman in 2021, increasing his stake over time. He is recognized as one of the most prominent angel investors in the company, holding more than 8% of its shares. Ultrahuman offers products like the Ultrahuman Ring, which tracks various health metrics, reinforcing Goyal’s commitment to integrating technology with personal wellness.

Clarification on Zomato’s Focus

Despite Goyal’s focus on Continue, Zomato clarified that this new venture is his personal project and unrelated to the company’s core operations. Zomato will remain focused on its four key business segments:

  • Food Delivery
  • Blinkit (grocery delivery)
  • Hyperpure (restaurant supplies)
  • Events Management

This distinction emphasizes that while Goyal is exploring new opportunities in health tech, Zomato’s primary business activities will not be affected.

Potential Impact of Continue

With Continue, Goyal is poised to make a significant mark in the health tech space, building on his expertise and passion for wellness. The venture could play a crucial role in addressing growing concerns about mental health and overall well-being, especially as more individuals seek holistic solutions for their health needs.

Market Context

The launch of Continue comes at a time when there is increasing consumer interest in health tracking technologies. According to recent reports, India’s digital healthcare industry is expected to grow tenfold from $2.7 billion in 2022 to $37 billion by 2030. This growth indicates a robust market opportunity for ventures like Continue that aim to integrate wellness into everyday life.

Conclusion

Deepinder Goyal’s launch of Continue signifies an exciting development in the intersection of technology and health. As he leverages his experience from Zomato and his personal journey toward better health, Continue has the potential to become a vital player in the wellness sector.

By focusing on innovative solutions for nutrition, sleep, and preventive care, Goyal aims to contribute significantly to improving individual well-being while fostering a culture of health consciousness among users. As details about Continue emerge, it will be interesting to see how this venture shapes the future of health tech in India.

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