Latest news with #Cyber
Hans India
24-05-2025
- Hans India
Davanagere doctor loses Rs 2.4 cr to investment fraud
Davanagere: A doctor has reported a loss of Rs. 2.4 crore to an online investment scam promoted through Telegram app, prompting a police investigation by the Cyber, Economic, and Narcotics (CEN) station. Between February 18 and May 15, the doctor transferred Rs. 2,40,92,150 in multiple online transactions after being lured by unknown individuals. These individuals promised high returns on stock market investments via a Telegram chat. The scam went unnoticed until May 11, when the doctor successfully withdrew Rs. 5 lakh. According to reports, subsequent attempts to access additional funds failed, thereby revealing the fraudulent nature of the scheme. The doctor lodged a complaint with the CEN police, who have initiated a probe to trace the perpetrators behind the scam.
Business Standard
21-05-2025
- Business
- Business Standard
L&T Technology Services signs MoU with BITS Pilani and CRENS
For collaboration in the form of R&D, innovation and skill development in areas critical to national security L&T Technology Services announced that it has signed a Memorandum of Understanding (MoU) with the Birla Institute of Technology and Science (BITS) Pilani and the Center for Research and Excellence in National Security (CRENS). This landmark collaboration aims to drive research & development (R&D), innovation, and skill development in areas critical to national security, including cybersecurity, perimeter security, digital forensics, and emerging technologies. CRENS, hosted at the BITS Pilani Hyderabad campus, will serve as the central hub for this collaboration to interface with law enforcement, industry experts, and academic researchers, fostering technological advancements and robust skill-building initiatives. With active involvement from defense experts, including former leaders from the armed forces and Defence Research and Development Organisation (DRDO), CRENS ensures a real-world influence on the partnership's projects. LTTS has vast experience of setting up over 25 smart & safe city command centers, 100+ engineering labs, Cyber Threat Analytics Center & SOCs, powered by advanced AI solutions and LTTS Fusion, an Integrated Operations Center Platform in realms of public safety & cyber security and border & critical infra perimeter security. Through this MoU, LTTS and BITS Pilani will also collaborate on resources, sharing technical infrastructure, research labs, and expertise to mutually enhance their capabilities. Additionally, the ecosystem will create enduring platforms for co-hosting conferences, innovation boot camps, and mentoring programs to address evolving security needs.
TECHx
19-05-2025
- Business
- TECHx
Beyond Trust Appoints Sean Malone as New CISO
Home » C-Suite Watch » Beyond Trust Appoints Sean Malone as New CISO Beyond Trust, the global cybersecurity leader, has announced the appointment of Sean Malone as its new Chief Information Security Officer (CISO). Malone brings over 15 years of experience in the cybersecurity industry. He will now lead Beyond Trust's global security strategy. This includes security for products and services, threat management, cyber risk and compliance, and security operations. The company revealed that Malone has a strong background in both offensive security and cyber risk quantification. He also brings proven executive leadership to the role. Previously, Malone served as CISO at Demand base. There, he managed global security operations and advised executive leadership on risk governance. He also influenced R&D strategy. At Amazon Prime Video, he helped strengthen enterprise cyber defense at scale. Additionally, his work at Visible Risk and BitSight sharpened his ability to measure and communicate cyber risk effectively. Malone holds a U.S. patent for 'Systems and Methods for Assessment of Cyber Resilience.' His blend of technical expertise and strategic vision is expected to drive innovation at Beyond Trust. Janine Seebeck, CEO at Beyond Trust, stated, 'I am thrilled to welcome Sean to the Beyond Trust security team. His leadership will be instrumental as we grow and help customers solve real-world security challenges.' Malone also shared his perspective on the new role. 'I spent the first decade of my career on the offensive side, acting as a simulated adversary in red team engagements,' he said. 'Nearly every successful cyberattack exploits an unnecessary path to privilege. I'm excited to lead security at Beyond Trust.' He added that security is central to Beyond Trust's mission, and the company plays a vital role in the broader industry. For more details about Beyond Trust's leadership team, visit:
The Hindu
14-05-2025
- The Hindu
Chennai youth held for uploading morphed photo of woman
Virudhunagar district Cyber Crime Police have arrested a youth, hailing from Chennai, M. Sivasubramanian, on charges of uploading a morphed photograph of a young woman from Virudhunagar district. The police said that the woman, aged 25, had complained that some unidentified person had been following her social media page. He had copied one of her photographs from the social media and had morphed it in an obscene manner and uploaded on the social media. Based on her complaint, Superintendent of Police D. Kannan instructed the Cyber Crime police to register a case and investigate it. The police registered a case under the provisions of Information Technology Act and traced the accused as one Sivasubramanian of Vyasarpadi in Chennai. The police found that the accused was presently residing in Sattur and arrested him on Tuesday. He was sent to judicial custody.
Yahoo
14-05-2025
- Automotive
- Yahoo
Elon Musk gets devastating news as the 'anti-Tesla' catches on
Tesla () stock may have surged yesterday, but that doesn't mean it's all good news for Elon Musk. On the contrary, negative headlines are still piling up as the company falters. Once known as the undisputed leader of the electric vehicle (EV) sector, Tesla has struggled since the year started, largely thanks to Elon Musk's polarizing actions. Even after the CEO announced he would be stepping back from his role at the so-called Department of Government Efficiency (DOGE), share prices haven't garnered any sustainable momentum. 💸💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💸 Recently, Tesla revealed that its sales in China are down more than 8% on a year-over-year (YOY) basis while demand for battery electric vehicles (BEVs) continues to rise. This indicates that the company's share of an important market is slipping at a highly vital time. Now Tesla has more bad news from the U.S., as a new rival celebrates a major milestone. Less than two weeks ago, news broke that Tesla had an unexpected new rival, a startup backed by Amazon founder Jeff Bezos. Slate Automotive had been quietly pioneering low-cost electric pickup trucks for years, but has finally entered the market with a company produces customizable electric pickup trucks with the traditional design at a sticker price of only $25,000. This low price decreases even more with the federal EV tax credit. So far, demand for these vehicles is extremely high. Slate just reported that over the weekend of May 10, it exceeded 100,000 reservations. These figures haven't led to sales yet, but they show that many people are very interested in owning a Slate Automotive electric truck before the vehicle has been released. At first glance, this might seem like worse news for Rivian than Tesla. After all, the trendy startup also produces electric pickup trucks with a traditional design. But as TechCrunch has reported, Slate's trendy model is a perfect contrast to Tesla's Cybertruck, since it is 'affordable, deeply customizable, and very analog,' and doesn't even come with an infotainment screen. This comes at a time when Tesla is facing a significant Cybertruck demand problem. As TheStreet has reported, photos have shown hundreds of Tesla's futuristic trucks sitting idly at its Texas gigafactory facility, as well as in random parking lots in other states. More Tesla News: Tesla robotaxi launch is destined for failure, bullish analyst says Elon Musk's robotaxi ambitions hit with major roadblock Tesla decision reveals a major demand problem Musk spent years hyping up the Cybertruck, touting it as the vehicle of the future, even as it encountered multiple production delays. Despite the initially high reservations when Tesla finally released it, though, it is clear that supply is far exceeding demand, presenting Tesla with a major problem at a time when it is already having trouble selling EVs. With demand for Slate's affordable, sleek truck option increasing steadily while Cybertruck sales have slowed, it isn't hard to see the writing on the wall. Consumers are more interested in an affordable electric truck than in spending a lot of money on Musk's futuristic vision. This could be because many consumers have opted against buying any Tesla vehicle lately, a clear response to Musk's political affiliations. But it also suggests that truck buyers are looking for a traditional-looking model, one that can actually function as a typical pickup truck. Tesla recently attempted to rebrand the Cybertruck as a vehicle for the typical working person, but as TheStreet reports, this initiative has not gone well, and experts predict it will continue to fail. People who require a truck for work clearly don't want to switch to a Cybertruck, especially given its high price tag. Slate Automotive is making significant progress and is already garnering a following before releasing any trucks. The last thing Musk needs right now is another competitor, but now he has one that is backed by one of his biggest in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
