1930 cyber crime

In many ways, this merits the interaction of technologies such as AI with cybersecurity. The integration of the same can be extremely useful to combat business interruptions, data breaches and even physical damage. In simpler terms, it refers to the process of making bots secure. However, as fraudulent practices become highly sophisticated, hackers are exploiting the relationship between AI and cybersecurity to achieve unprecedented heights in cybercrime. • Offensive use of AI: The most destructive use of the technology takes place here wherein cybercriminals make use of AI to hack into systems by detecting the passwords of user credentials. They also exploit images and hence commit fraud to carry out new credible phishing attacks. • Defensive use of AI: In this aspect of the relationship, AI is used to fight against cyberattacks by creating enormous investigative capabilities by analyzing large amounts of information and identifying patterns and anomalies. In this article, we’ll be taking a further look at the defensive use of AI and cybersecurity for banks and fintech companies. Application In Asset Management According to the Risk Management Asset management is something that is going to change drastically with advent of AI. Traditionally, statistics assumes normal distributions of data and uses significant testing methods from the 1930s. However, ever since AI has come into place, it is easier to quantify the non-linear nature of real-world events. The AI risk model ca...

• Beccaria, C. 1764. On Crimes and Punishments. Transaction Publishers. • Cohen, L., and M. Felson. 1979. Social Change and Crime Rate Trends: A Routine Activity Approach. American Sociological Review 44 (4): 588–608. • Hindelang, M.J., M.R. Gottfredson, and J. Garofalo. 1978. Victims of Personal Crime. Cambridge: Ballinger. • Shark, R. 1987. Deviant Places: A Theory of the Ecology of Crime. Criminology 25 (4): 893–910.

Bhubaneswar: Intensifying its drive against rising cyber crime in the state, the Odisha government has launched a special phone number ‘1930’ for victims as well as common people. Sources said the move was taken in view of increasing number of cyber crime cases pertaining to financial offence and sex abuse on women and children. Awareness campaigns will be organised for the purpose. Any unlawful act involving use of computer, communication device or computer network to commit or facilitate the commission of a crime must be checked, according to Chief Secretary Suresh Chandra Mahapatra. The government plans to deploy 34 vehicles called ‘Sachetanata Rath’ equipped with audio and visual materials across the state to create awareness among the people about cyber crime. Plans are afoot to include elderly people, students, Asha and Anganwadi workers and members of self-help groups (SHGs) in the drive against cyber crime. People will be mad e aware to verify the authenticity before carrying out a financial transaction, avoid friendship with unknown people and not to click on links, SMSs and Apps received from suspicious sources. While symposia and seminars will be conducted regularly, quiz, debates and essay competitions will to be organised at the school level. Odisha is the first State in the country to launch such anti-cyber crime campaigns, Mahapatra said. As per statistics, 1485 cyber crime cases were registered in Odisha in 2019, 1931 cases in 2020 and 2037 cases in 2021 du...

HYDERABAD: Cyber criminals conned Telangana citizens of nearly Rs 600 crore since June 2021 through an intricate web of deceit. With a dramatic spike in online fraud, the Telangana State Cyber Security Bureau (TSCSB), which is now operating from the command and control centre in Banjara Hills, has provided direct access to victims for lodging complaints, while keeping open other options that include local police station or cybercrime police station. Rs 7 lakh card fraud reversed after Mumbai cyber cops intervene in 'golden hour' An attempt from Amsterdam to siphon off Rs 7.15 lakh from the credit card of a retired bank official failed after the Santacruz police's cyber team swung into action in time and blocked the transaction carried out to book a hotel room online recently. The bureau which now doubles up as the nodal centre for joint cyber coordination for five states has two wings - cybercrime and cyber security. Explaining its functioning, TSCSB officials told reporters that bureau is a police station with a jurisdiction over the entire state. One of its key components is attending to calls on the helpline 1930. The earlier set-up at Telangana Cyber Crime Coordination Centre (T4C) has been merged with TSCSB. Since June 2021, the helpline was abuzz with calls from 2.64 lakh victims, of which 1.27 lakh lodged complaints on National Cybercrime Reporting Portal (NCRP) and total losses have been pegged at 587 crore. Of this, 79 crore was frozen and 12 lakh refunded to vict...

Bhubaneswar: Intensifying its drive against rising cyber crime in the state, the Odisha government has launched a special phone number ‘1930’ for victims as well as common people. Sources said the move was taken in view of increasing number of cyber crime cases pertaining to financial offence and sex abuse on women and children. Awareness campaigns will be organised for the purpose. Any unlawful act involving use of computer, communication device or computer network to commit or facilitate the commission of a crime must be checked, according to Chief Secretary Suresh Chandra Mahapatra. The government plans to deploy 34 vehicles called ‘Sachetanata Rath’ equipped with audio and visual materials across the state to create awareness among the people about cyber crime. Plans are afoot to include elderly people, students, Asha and Anganwadi workers and members of self-help groups (SHGs) in the drive against cyber crime. People will be mad e aware to verify the authenticity before carrying out a financial transaction, avoid friendship with unknown people and not to click on links, SMSs and Apps received from suspicious sources. While symposia and seminars will be conducted regularly, quiz, debates and essay competitions will to be organised at the school level. Odisha is the first State in the country to launch such anti-cyber crime campaigns, Mahapatra said. As per statistics, 1485 cyber crime cases were registered in Odisha in 2019, 1931 cases in 2020 and 2037 cases in 2021 du...

HYDERABAD: Cyber criminals conned Telangana citizens of nearly Rs 600 crore since June 2021 through an intricate web of deceit. With a dramatic spike in online fraud, the Telangana State Cyber Security Bureau (TSCSB), which is now operating from the command and control centre in Banjara Hills, has provided direct access to victims for lodging complaints, while keeping open other options that include local police station or cybercrime police station. Rs 7 lakh card fraud reversed after Mumbai cyber cops intervene in 'golden hour' An attempt from Amsterdam to siphon off Rs 7.15 lakh from the credit card of a retired bank official failed after the Santacruz police's cyber team swung into action in time and blocked the transaction carried out to book a hotel room online recently. The bureau which now doubles up as the nodal centre for joint cyber coordination for five states has two wings - cybercrime and cyber security. Explaining its functioning, TSCSB officials told reporters that bureau is a police station with a jurisdiction over the entire state. One of its key components is attending to calls on the helpline 1930. The earlier set-up at Telangana Cyber Crime Coordination Centre (T4C) has been merged with TSCSB. Since June 2021, the helpline was abuzz with calls from 2.64 lakh victims, of which 1.27 lakh lodged complaints on National Cybercrime Reporting Portal (NCRP) and total losses have been pegged at 587 crore. Of this, 79 crore was frozen and 12 lakh refunded to vict...

• Beccaria, C. 1764. On Crimes and Punishments. Transaction Publishers. • Cohen, L., and M. Felson. 1979. Social Change and Crime Rate Trends: A Routine Activity Approach. American Sociological Review 44 (4): 588–608. • Hindelang, M.J., M.R. Gottfredson, and J. Garofalo. 1978. Victims of Personal Crime. Cambridge: Ballinger. • Shark, R. 1987. Deviant Places: A Theory of the Ecology of Crime. Criminology 25 (4): 893–910.

In many ways, this merits the interaction of technologies such as AI with cybersecurity. The integration of the same can be extremely useful to combat business interruptions, data breaches and even physical damage. In simpler terms, it refers to the process of making bots secure. However, as fraudulent practices become highly sophisticated, hackers are exploiting the relationship between AI and cybersecurity to achieve unprecedented heights in cybercrime. • Offensive use of AI: The most destructive use of the technology takes place here wherein cybercriminals make use of AI to hack into systems by detecting the passwords of user credentials. They also exploit images and hence commit fraud to carry out new credible phishing attacks. • Defensive use of AI: In this aspect of the relationship, AI is used to fight against cyberattacks by creating enormous investigative capabilities by analyzing large amounts of information and identifying patterns and anomalies. In this article, we’ll be taking a further look at the defensive use of AI and cybersecurity for banks and fintech companies. Application In Asset Management According to the Risk Management Asset management is something that is going to change drastically with advent of AI. Traditionally, statistics assumes normal distributions of data and uses significant testing methods from the 1930s. However, ever since AI has come into place, it is easier to quantify the non-linear nature of real-world events. The AI risk model ca...