131 percent increase in viruses targeted towards remote workers: Fortinet
"Cybercriminals are unleashing a surprisingly high volume of new threats in this short period of time to take advantage of inadvertent security gaps as organizations are in a rush to ensure business continuity.”
Cyber security firm Fortinet on Monday announced that over the past several weeks, it has been monitoring a significant spike in COVID-19 related threats.
An unprecedented number of unprotected users and devices are now online with one or two people in every home connecting remotely to work through the internet. Simultaneously there are children at home engaged in remote learning and the entire family is engaged in multi-player games, chatting with friends as well as streaming music and video. The cybersec firm’s FortiGuard Labs is observing this perfect storm of opportunity being exploited by cybercriminals as the Threat Report on the Pandemic highlights:
A surge in Phishing Attacks: The research shows an average of about 600 new phishing campaigns every day. The content is designed to either prey on the fears and concerns of individuals or pretend to provide essential information on the current pandemic. The phishing attacks range from scams related to helping individuals deposit their stimulus for Covid-19 tests, to providing access to Chloroquine and other medicines or medical device, to providing helpdesk support for new teleworkers.
Phishing Scams Are Just the Start: While the attacks start with a phishing attack, their end goal is to steal personal information or even target businesses through teleworkers. Majority of the phishing attacks contain malicious payloads – including ransomware, viruses, remote access trojans (RATs) designed to provide criminals with remote access to endpoint systems, and even RDP (remote desktop protocol) exploits.
A Sudden Spike in Viruses: The first quarter of 2020 has documented a 17% increase in viruses for January, a 52% increase for February and an alarming 131% increase for March compared to the same period in 2019. The significant rise in viruses is mainly attributed to malicious phishing attachments. Multiple sites that are illegally streaming movies that were still in theatres secretly infect malware to anyone who logs on. Free game, free movie, and the attacker is on your network.
Risks for IoT Devices magnify: As users are all connected to the home network, attackers have multiple avenues of attack that can be exploited targeting devices including computers, tablets, gaming and entertainment systems and even online IoT devices such as digital cameras, smart appliances – with the ultimate goal of finding a way back into a corporate network and its valuable digital resources.
Ransomware like attack to disrupt business: If the device of a remote worker can be compromised, it can become a conduit back into the organization’s core network, enabling the spread of malware to other remote workers. The resulting business disruption can be just as effective as ransomware targeting internal network systems for taking a business offline. Since helpdesks are now remote, devices infected with ransomware or a virus can incapacitate workers for days while devices are mailed in for reimaging.
“Though organizations have completed the initial phase of transitioning their entire workforce to remote telework and employees are becoming increasingly comfortable with their new reality, CISOs continue to face new challenges presented by maintaining a secure teleworker business model. From redefining their security baseline, or supporting technology enablement for remote workers, to developing detailed policies for employees to have access to data, organizations must be nimble and adapt quickly to overcome these new problems that are arising”, said Derek Manky, Chief, Security Insights & Global Threat Alliances at Fortinet – Office of CISO.
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Introduction
Monopolies in any sector can have a great impact on economic efficiency and, by extension, on the market and the larger economy. Data monopolies hurt both small startups and large, established companies, and it is typically the biggest corporate players who have the biggest data advantage. Google has recently lost a major antitrust case filed by the U.S. Department of Justice, which focused on the company's search engine dominance and expensive partnerships to promote its products. The lawsuit accused Google of using its dominant position in the search engine market to maintain a monopoly. The case has had a significant impact on consumers and the tech industry as a whole. This dominance allowed Google to raise prices on advertisers without consequences, and delay innovations and privacy features that consumers want when they search online.
Antitrust Allegations Against Google in the US and EU
In the case filed by the US Department of Justice, US District Judge Amit Mehta ruled that Google was monopolistic. In the 10-week-long trial, Google lost the major antitrust lawsuit, and it was established that the tech giant had a monopoly in the web search and advertising sectors. The lawsuit accused Google of using its dominant position in the search engine market to elbow out rivals and maintain a monopoly. The tech giant’s exclusive deals with handset makers were brought before the court as evidence. Additionally, the European Commission has fined Google €1.49 billion for breaching EU antitrust rules in 2019.
The Impact of Big Tech Monopolies on the Digital Ecosystem and Beyond
- Big-tech companies collect vast amounts of personal data, raising concerns about how this data is used and protected. The concentration of data in the hands of a few companies can lead to privacy breaches and misuse of personal information.
- The dominance of a few tech giants in digital advertising markets can stifle competition, leading to higher prices for advertisers and fewer choices for consumers. This concentration also allows these companies to exert major control over what ads are shown and to whom.
- Big-tech platforms have substantial power over the dissemination of information. Their algorithms and policies on content moderation can influence public discourse and may spread misinformation. The lack of competition means fewer alternatives are accessible for users seeking different content moderation policies. In 2021 Google paid $26.3 billion to ensure its search engine is the default on smartphones and browsers and to keep control of its dominant market share.
Regulatory Mechanisms in the Indian Context
In India, antitrust issues are governed by the Competition Act of 2002 and the Competition Commission of India (CCI) checks monopolistic practices. In 2022, the CCI imposed a penalty of Rs 1,337.76 crore on Google for abusing its dominant position in multiple markets for 'anti-competitive practices' in the Android mobile device ecosystem. The Draft Digital Competition Bill, 2024, has been proposed as a legislative reform to regulate a wide range of digital services, including online search engines, social networking platforms, video-sharing sites, interpersonal communication services, operating systems, web browsers, cloud services, advertising services, and online intermediation services. The bill aims to promote competition and fairness in the digital market by addressing anti-competitive practices and dominant position abuses in the digital business space.
Conclusion
Big-tech companies are increasingly under scrutiny from regulators due to concerns over their monopolistic practices, data privacy issues, and the immense influence on markets and public discourse. The U.S. Department of Justice's victory against Google and the European Commission's hefty fines are indicators of a global paradigm shift towards more aggressive regulation to foster competition and protect consumer interests. The combined efforts of regulators across different jurisdictions underscore the recognition that monopolistic practices by such big tech giants can stifle innovation, harm consumers’ interests, and create barriers for new entrants, thus necessitating strong legal frameworks to ensure fair and contestable markets. Overall, the increasing regulatory pressure signifies a pivotal moment for big-tech companies, as they face the challenge of adapting to a more tightly controlled environment where their market dominance and business practices are under intense examination.
References
- https://www.livemint.com/technology/tech-news/googles-future-siege-u-s-court-explores-breaking-up-company-after-landmark-ruling-11723648047735.html
- https://www.thehindu.com/sci-tech/technology/what-is-the-google-monopoly-antitrust-case-and-how-does-it-affect-consumers/article68495551.ece
- https://indianexpress.com/article/business/google-has-an-illegal-monopoly-on-search-us-judge-finds-9497318/
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.
Executive Summary:
A viral thumbnail and numerous social posts state that the government of India is giving unemployed youth ₹4,500 a month under a program labeled "PM Berojgari Bhatta Yojana." This claim has been shared on multiple online platforms.. It has given many job-seeking individuals hope, however, when we independently researched the claim, there was no verified source of the scheme or government notification.
Claim:
The viral post states: "The Central Government is conducting a scheme called PM Berojgari Bhatta Yojana in which any unemployed youth would be given ₹ 4,500 each month. Eligible candidates can apply online and get benefits." Several videos and posts show suspicious and unverified website links for registration, trying to get the general public to share their personal information.
Fact check:
In the course of our verification, we conducted a research of all government portals that are official, in this case, the Ministry of Labour and Employment, PMO India, MyScheme, MyGov, and Integrated Government Online Directory, which lists all legitimate Schemes, Programmes, Missions, and Applications run by the Government of India does not posted any scheme related to the PM Berojgari Bhatta Yojana.
Numerous YouTube channels seem to be monetizing false narratives at the expense of sentiment, leading users to misleading websites. The purpose of these scams is typically to either harvest data or market pay-per-click ads that suspend disbelief in outrageous claims.
Our research findings were backed up later by the PIB Fact Check which shared a clarification on social media. stated that: “No such scheme called ‘PM Berojgari Bhatta Yojana’ is in existence. The claim that has gone viral is fake”.
To provide some perspective, in 2021-22, the Rajasthan government launched a state-level program under the Mukhyamantri Udyog Sambal Yojana (MUSY) that provided ₹4,500/month to unemployed women and transgender persons, and ₹4000/month to unemployed males. This was not a Central Government program, and the current viral claim falsely contextualizes past, local initiatives as nationwide policy.
Conclusion:
The claim of a ₹4,500 monthly unemployment benefit under the PM Berojgari Bhatta Yojana is incorrect. The Central Government or any government department has not launched such a scheme. Our claim aligns with PIB Fact Check, which classifies this as a case of misinformation. We encourage everyone to be vigilant and avoid reacting to viral fake news. Verify claims through official sources before sharing or taking action. Let's work together to curb misinformation and protect citizens from false hopes and data fraud.
- Claim: A central policy offers jobless individuals ₹4,500 monthly financial relief
- Claimed On: Social Media
- Fact Check: False and Misleading
