ICC rolls out AI to combat toxic content on social media

The International Cricket Council (ICC) has introduced a social media moderation programme ahead of the ICC Women’s T20 World Cup 2024. The initiative is designed to protect players and fans from toxic online content. More than 60 players have already joined, with further onboarding expected.

To safeguard mental health and promote inclusivity, the ICC has partnered with GoBubble. Together, they will use a combination of AI and human oversight to monitor harmful comments on social media platforms. The service will operate across Facebook, Instagram, and YouTube, with the option for players to use it on their own accounts.

The technology is designed to automatically detect and hide negative comments, including hate speech, harassment, and misogyny. By doing so, it creates a healthier environment for teams, players, and fans to engage with the tournament which will be held in Bangladesh.

Finn Bradshaw, ICC’s Head of Digital, expressed his satisfaction with the programme’s early success. Players and teams have welcomed the initiative, recognising the importance of maintaining a positive digital atmosphere during the tournament.

Britain targets Evil Corp in new cybercrime sanctions

Britain has imposed sanctions on 16 members of the Russian cyber-crime group Evil Corp, accusing the group of conducting cyber-attacks on NATO allies under orders from Russian intelligence. The National Crime Agency (NCA) said the move is part of a coordinated effort with the US and Australia to combat significant cyber threats. Evil Corp’s leader, Maksim Yakubets, has been linked to Russia’s intelligence agencies, and a $5 million bounty was placed on him by the US in 2019.

The Russian cyber-crime group Evil Corp has been linked to numerous illegal activities, including ransomware attacks through its affiliate, LockBit. Major organisations like Boeing and Britain’s Royal Mail have been among their targets. Evil Corp’s deep connections with Russian intelligence agencies, such as the Federal Security Service (FSB), Foreign Intelligence Service (SVR), and military intelligence (GRU), underscore the increasing worries about cybercrime with state sponsorship. These links point to the potential use of cyber-criminals for espionage and cyber-attacks against global entities.

Alongside asset freezes and travel bans on the designated individuals, British officials disclosed that Maksim Yakubets’ father-in-law, a former FSB official, contributed to protecting Evil Corp. Additionally, the US Department of Justice has indicted Yakubets’ associate, Aleksandr Ryzhenkov, for conducting ransomware attacks throughout Texas and beyond. This coordinated global action highlights an ongoing commitment to combating cybercrime and safeguarding international security.

Trustpair integrates JPMorgan blockchain to combat fraud

Trustpair, a fraud prevention platform, has announced the integration of JPMorgan’s blockchain-based solution, Confirm, into its system. The partnership enables Trustpair’s 200 clients, including companies such as Societe Generale, Decathlon, and Danone, to verify vendor bank accounts across 15 global markets, significantly reducing the risk of payment fraud and delays.

Confirm, built on JPMorgan’s private blockchain Liink, aims to improve decision-making for businesses by providing accurate vendor and payment data. The move enhances fraud prevention and the user experience, addressing a major issue in high-value transactions where inaccurate information can lead to costly errors.

JPMorgan’s engagement with blockchain technology has deepened in recent years, following the launch of JPM Coin in 2019 and its Onyx unit dedicated to blockchain solutions. With Confirm now part of its portfolio, JPMorgan continues to set new standards in secure digital payments and fraud prevention.

Kazakhstan freezes millions in crypto and bans Coinbase

Kazakhstan’s financial regulators have frozen $1.2 million in cryptocurrency and shut down 19 illegal over-the-counter platforms, marking a significant step in their ongoing crackdown on unlicensed crypto activity. These platforms, with a combined turnover exceeding $60 million, were operating illegally and posed risks related to money laundering and terrorism financing.

In addition to freezing funds, the Financial Monitoring Agency has targeted illegal crypto-mining operations. Since the start of the year, authorities have dismantled nine mining sites and seized around 4,000 mining rigs. Furthermore, more than 5,500 unlicensed online exchangers have been blocked as part of this broad regulatory effort.

Kazakhstan’s attempts to tighten its control over the crypto industry extend to major international players. In December 2023, the country banned the US-based crypto exchange Coinbase, accusing it of violating local laws regarding the trading of uninsured digital assets.

Indian government redefines ministry roles in telecom and cybersecurity

The Indian government has recently redefined the roles of key ministries concerning telecom network security, cybersecurity, and cybercrime through amendments to the business allocation rules. As a result, this strategic reorganisation ensures that each ministry is assigned clear responsibilities, streamlining efforts to manage these vital areas more effectively.

The roles have been precisely delineated to enhance governance. Specifically, the Ministry of Communications is responsible for telecom security under the Telecommunication Act of 2023, which enables authorities to access traffic data, including from OTT services like WhatsApp. Meanwhile, cybersecurity falls under the Ministry of Electronics and Information Technology (MeitY), as outlined in the IT Act of 2000, with strategic guidance provided by the National Security Council Secretariat.

Furthermore, the Ministry of Home Affairs (MHA) oversees cybercrime, working closely with the Department of Telecommunications to address fraud and utilising tools such as Pratibimb to track mobile numbers involved in cybercriminal activities.

There is an ongoing debate on regulating OTT communication services. While telecom companies continue to push to regulate these services under the Telecom Act, the government in India has reiterated that OTT services like WhatsApp and Telegram fall under the Information Technology Act. This differentiation reflects the broader scope of the IT Act in handling digital communication services, even as pressure mounts for more stringent telecom-specific regulations.

California enacts a law to protect domestic abuse survivors from vehicle technology misuse

California Governor Gavin Newsom has signed a groundbreaking bill aimed at enhancing protections for domestic abuse survivors in internet-connected vehicles. As car manufacturers increasingly incorporate advanced technology, incidents of stalking and harassment through features like location tracking have surfaced. The bill passed with strong support in the California legislature and is part of a broader effort to safeguard victims of domestic violence.

One key provision of the new law mandates that automakers create a process for drivers to submit restraining orders and request the termination of another driver’s remote access within two business days. The legislation also requires manufacturers to enable drivers to easily disable location access from within the vehicle. This could establish a precedent for similar regulations across the country, as automakers generally produce uniform models for all markets.

The legislation follows reports indicating that some car manufacturers have failed to address complaints from women who experienced stalking through their vehicles’ technology. A notable case involved a woman suing Tesla for inaction despite having a restraining order. Although no automaker opposed the bill, the Alliance for Automotive Innovation supported victim protection but raised concerns about the law’s technical implementation. The alliance intends to seek solutions to these challenges in the future.

Fake crypto app drains $70,000 from users

Check Point Research has uncovered a crypto wallet drainer app that was active on the Google Play Store for over five months, stealing more than $70,000 from unsuspecting users. The malicious app masqueraded as WalletConnect, a popular tool for linking crypto wallets to decentralised finance (DeFi) apps. Despite being disguised as a legitimate app, it managed to evade detection through advanced techniques and fake reviews, gaining over 10,000 downloads.

The app, originally named ‘Mestox Calculator,’ tricked users into connecting their wallets and accepting permissions, allowing attackers to drain funds. Although not all users were affected, over 150 victims lost substantial sums. The app was eventually removed from the store, but its ability to avoid detection highlighted gaps in-app verification processes on platforms like Google Play.

Check Point Research emphasised the increasing sophistication of cybercriminals and urged both users and app stores to remain vigilant. The researchers warned that even seemingly harmless apps can pose a serious financial threat in the Web3 world, stressing the importance of educating users about these risks.

Public opinion on AI to guide telecom innovations

Manx Telecom has launched a survey to understand how AI is perceived by individuals and businesses on the Isle of Man. The firm aims to gather insights into AI usage, preparedness, and challenges in both personal and professional contexts.

Kate Hegarty, head of marketing at Manx Telecom, highlighted that feedback from the community would guide the development of new telecom services tailored to meet the island’s evolving needs. The survey also explores potential opportunities AI presents for local industries.

The Isle of Man government recently launched a programme to boost digital skills as part of a wider initiative to grow the island’s GDP by 10% by 2030. Manx Telecom plans to use the results of the survey to collaborate with partners and enhance the technology offerings on the island.

Conducted by Island Global Research, the survey remains open to the public until 9 October. Responses will influence Manx Telecom’s future product development and the services it offers.

Hackers use auto-reply emails to deliver crypto mining malware

Cybersecurity experts have uncovered a novel tactic used by hackers to deliver malware for covert crypto mining. Hackers are now exploiting automated email replies from compromised accounts to infect businesses in Russia, including financial institutions, with the XMRig mining tool. Since May, over 150 emails containing this malicious software have been detected, but most were blocked by Facct, a leading threat intelligence firm.

This technique is particularly dangerous as it involves victims initiating contact, and expecting a reply from their initial email. Due to this established communication, many are unsuspecting of the malware attached. Facct urges organisations to stay vigilant by conducting regular cybersecurity training and adopting strong passwords with multifactor authentication.

The XMRig software, often used in crypto mining attacks, has been part of several widespread malware campaigns since 2020, highlighting the persistent threat of cybercriminals using innovative methods to target vulnerable systems.

US sanctions hit Russian crypto firm and individuals tied to cybercrime

The United States has imposed sanctions on Russian national Sergey Sergeevich Ivanov and cryptocurrency firm Cryptex, which operates in Russia despite being based in Saint Vincent and the Grenadines, according to the Treasury Department. The sanctions target individuals and organisations involved in facilitating cybercrime and illicit financial activity.

Additionally, the United States Treasury’s Financial Crimes Enforcement Network identified Russian crypto exchange PM2BTC as a ‘primary money laundering concern.’ Officials stressed their commitment to preventing cybercrime networks like PM2BTC and Cryptex from continuing operations, according to acting undersecretary Bradley Smith.

The US State Department has also announced rewards of up to $10 million for information leading to the arrest or conviction of Ivanov and Timur Shakhmametov for their involvement in transnational organised crime. It is also offering rewards of up to $1 million for information on the leaders of crypto exchange PM2BTC and stolen credit card marketplaces PinPays and Joker’s Stash.

These efforts underscore the US government’s continued crackdown on cybercriminal networks and illicit financial activities that threaten global security and economic stability.