Cybersecurity firm Sophos has released new findings on CryptoRomscams. Such campaigns are designed to trick users of dating apps into making fake cryptocurrency investments (also known as pig butchering). In its latest report, researchers have discovered that CryptoRom scammers are refining their techniques. Hackers have added a new AI chat tool, like ChatGPT, to their toolset.Scammers have also expanded their coercion tactics by telling victims their crypto accounts were hacked and more upfront money is needed. As per the report, scammers were able to sneak seven new fake cryptocurrency investment apps into the official Apple App and Google Play stores. In 2022, investment fraud caused the highest losses of any scam reported by the public to the FBI’s Internet Crimes Complaint Center (IC3), totalling US$3.31 billion in the US alone. Frauds involving cryptocurrency, including pig butchering, represented most of these scams, increasing 183% from 2021 to US$2.57 billion in reported losses last year.New tools scammers are using Sophos’s research team first learned of CryptoRom scammers using the AI chat tool (most likely ChatGPT) when a victim reached out to the team. After contacting the victim on Tandem, a language-sharing app that has also been used as a dating app, the scammer convinced the victim to move their conversation to WhatsApp. The victim became suspicious after he received a lengthy message that was partly written by an AI chat tool using a large language model (LLM).The research team also uncovered a new scammer tactic designed to extort additional money. Traditionally, when victims of CryptoRom scams attempt to cash in on their “profits,” fraudsters will tell them they need to pay a 20% tax on their funds before completing any withdrawals. However, a recent victim revealed that after paying the “tax” to withdraw money, the fraudsters said the funds had been “hacked” and they would need another 20% deposit before receiving the funds. Upon further investigation, the research team found seven fake cryptocurrency investment apps in the official Google Play and Apple App stores. These apps have seemingly benign descriptions in the app stores (BerryX, for example, claims to be reading-related). However, as soon as users open the app, they are met with a fake crypto-trading interface.To get past the Apple App Store review process, the app developers use the same technique Sophos first reported on in February 2023. They submit the app for approval using legitimate, run-of-the-mill web content. Then, once the app has been approved and published, they modify the server hosting the app with code for the fraudulent interface.Many of these seven new apps recycled the same templates and descriptions, suggesting the same one or two pig butchering rings are creating the scheme.

Asus has expanded its product portfolio in India with the launch of a new wireless optical mouse, the WT300. This new mouse combines an ambidextrous design with an optical sensor which can go up to 1600 dpi. The mouse is both lightweight and portable. The Asus WT300 wireless optical mouse also promises comfort, even during extended hours of use. Commenting on the launch Arnold Su, Vice President, of consumer and gaming PC, system business group, Asus India, said, “Accessories play a crucial role in enhancing user convenience, and our primary focus is to offer products and experiences that empower users to perform tasks effortlessly and boost productivity. The new innovative WT300 Wireless Optical Mouse has been meticulously designed to not only showcase individuality but also cater to diverse user needs with its efficient utility.”Asus WT300 wireless optical mouse: Price and availability Available in Matte Black with red accents, the mouse has a symmetrical body that can be used by both left- and right-handed users. The WT300 wireless mouse is priced at Rs 649 and is available for purchase at online Asus e-shop/ Amazon/ Flipkart and offline Asus exclusive stores/ ROG stores/Croma/Vijay Sales/Reliance Digital.Asus WT300 wireless optical mouse: Key specsThe WT300 claims to have undergone testing for 3 million clicks. Weighing just 52 grams, it will also offer easy portability. The optical sensor features a PIXART-3212 IC low-current design, providing improved cursor control and reducing input latency.The sensor offers two DPI sensitivity settings – 1000 DPI and 1600 DPI depending on the need. These settings can be changed easily by pressing the click-wheel and right button. Moreover, the WT300 also boasts that its battery can last up to 15 months with 8 hours of everyday use. Its USB 2.0 dongle can be stored within the mouse itself. Specification Connectivity Technology RF 2.4G (10m range) Tracking Optical Resolution 1000/1600 dpi Button 3 buttons Scroll Vertical scroll wheel Mouse Dimensions (mm) Mouse: 104(L)*59(W)*35mm(H)Dongle: 18.5(L)*14.5(W)*6.2mm(H) Weight Mouse: 56g Dongle: 2g OS Requirements Windows 8 and Above Chrome OS

For most people, the idea of using artificial intelligence tools in daily life—or even just messing around with them—has only become mainstream in recent months, with new releases of generative AI tools from a slew of big tech companies and startups, like OpenAI’s ChatGPT and Google’s Bard. But behind the scenes, the technology has been proliferating for years, along with questions about how best to evaluate and secure these new AI systems. On Monday, Microsoft is revealing details about the team within the company that since 2018 has been tasked with figuring out how to attack AI platforms to reveal their weaknesses. In the five years since its formation, Microsoft’s AI red team has grown from what was essentially an experiment into a full interdisciplinary team of machine learning experts, cybersecurity researchers, and even social engineers. The group works to communicate its findings within Microsoft and across the tech industry using the traditional parlance of digital security, so the ideas will be accessible rather than requiring specialized AI knowledge that many people and organizations don’t yet have. But in truth, the team has concluded that AI security has important conceptual differences from traditional digital defense, which require differences in how the AI red team approaches its work. “When we started, the question was, ‘What are you fundamentally going to do that’s different? Why do we need an AI red team?’” says Ram Shankar Siva Kumar, the founder of Microsoft’s AI red team. “But if you look at AI red teaming as only traditional red teaming, and if you take only the security mindset, that may not be sufficient. We now have to recognize the responsible AI aspect, which is accountability of AI system failures—so generating offensive content, generating ungrounded content. That is the holy grail of AI red teaming. Not just looking at failures of security but also responsible AI failures.” Shankar Siva Kumar says it took time to bring out this distinction and make the case that the AI red team’s mission would really have this dual focus. A lot of the early work related to releasing more traditional security tools like the 2020 Adversarial Machine Learning Threat Matrix, a collaboration between Microsoft, the nonprofit R&D group MITRE, and other researchers. That year, the group also released open source automation tools for AI security testing, known as Microsoft Counterfit. And in 2021, the red team published an additional AI security risk assessment framework. Over time, though, the AI red team has been able to evolve and expand as the urgency of addressing machine learning flaws and failures becomes more apparent.  In one early operation, the red team assessed a Microsoft cloud deployment service that had a machine learning component. The team devised a way to launch a denial of service attack on other users of the cloud service by exploiting a flaw that allowed them to craft malicious requests to abuse the machine learning components and strategically create virtual machines, the emulated computer systems used in the cloud. By carefully placing virtual machines in key positions, the red team could launch “noisy neighbor” attacks on other cloud users, where the activity of one customer negatively impacts the performance for another customer.

The chief human resource officer (CHRO), Sumar Gopalan, and the chief marketing officer (CMO), Stacey Epstein, have reportedly put down their papers at NASDAQ-listed SaaS unicorn Freshworks. According to a report by The Captable, the two executives will leave the organisation in the coming days. Confirming the development to Moneycontrol, CHRO Gopalan said, “Having gone through this amazing and intense journey over the last five and half years, I felt it was the right time for me to step out of my comfort zone and embark on a new adventure.”   In a statement, Freshworks noted that the two executives were moving on ‘independently’ of one another, adding that it has been looking at possible replacements. “After years of being an integral part of Freshworks, Suman and Stacey have independently decided to move on from Freshworks. For the last few months, they’ve continued their responsibilities while supporting the searches to find strong replacements and ensure seamless transitions for their teams,” the listed SaaS giant said. Freshworks has already appointed a new CHRO, the company said, without revealing the name of the top-level executive. “We’ve already selected a new CHRO who will start at the end of August and we’re actively evaluating CMO candidates. We are grateful for their years of hard work taking us through IPO and life as a public company, and the foundation Suman and Stacey have established for the future success of Freshworks,” the SaaS major said. Freshworks is now looking to appoint a new CMO in the coming months. The development comes a week after the startup reported a net loss of $35.66 Mn in the quarter ended June 30, 2023, down 48.9% year-on-year (YoY). Freshworks reported an adjusted operating profit for the first time in the January-March quarter of 2023, posting a non-GAAP profit of $3.88 Mn. The development comes nearly a year after the company’s cofounder and CTO Shan Krishnaswamy left the company last September. The company also saw senior-level layoffs towards the end of the June quarter, though it had denied any company-wide layoffs. The retrenchments happened within senior positions in the company’s product, engineering and go-to-market (GTM) teams.

The LegacyTech platform, Mitt Arv has announced its entry into the India market. Mitt Arv aims to empower users with comprehensive legacy planning tools, addressing future complexities and uncertainties, ensuring lasting legacies for future generations. The platform aims to revolutionise the conventional approach to legacy planning in India. It seeks to transcend the boundaries of traditional succession planning and reshape the way individuals, families, and friends strategise for what lies ahead.The platform enables people to express their memories, emotions, and dreams, serving as a connection between the present and the past. Mitt Arv employs this distinctive method to harness technology, empowering individuals to capture the spirit of their dear ones and discover solace in revisiting their treasured instances. At Mitt Arv, the emphasis is on creating a soothing environment where life narratives are honored and cherished. The platform also offers an Asset Vault which offers a secure and user-friendly platform that allows individuals to safeguard and manage their wealth and assets information effortlessly. his innovative tool facilitates seamless sharing of asset details with loved ones, trustees, and friends, ensuring vital awareness and guidance. Users can also confidentially put on record essential details, such as life insurance claims, property ownership, and other valuable assets. Vishal Mehta, founder & director of Mitt Arv, expressed his thoughts, “The brand’s debut is deeply rooted in my personal experience. The Covid-19 pandemic urgency, with my family in India while I was in Singapore, made me realize the need for an “Emotional will.” Overwhelmed with concern, I struggled to convey unsaid words and emotions to my loved ones. This led to the driving force behind Mitt Arv, empowering individuals and families to articulate their emotional legacies. Our unique “Emotional will” concept bridges the gap between the unspoken and heartfelt sentiments, ensuring enduring legacies.

Every business’s relationship to growth has shifted wildly in the last three years. According to the U.S. Census Bureau, 6 percent of companies canceled their plans to grow in 2020, and 9.7 percent hit “pause” on growth. So, what happens now that we’ve entered a new phase? Should businesses be pushing for growth again? To understand the answer, we have to look more closely at how companies have been thinking and feeling about growth. First, the reason for hitting the pause button has been continued economic insecurity. The economic downturn forced businesses to focus on efficiency, cut costs and prioritize cash flow above all else. This mindset is still guiding business leaders today. Additionally, in order to at least survive the pandemic, businesses had to adapt rapidly. They had to develop new ways to reach customers, translate their services to digital ones, rethink safety and redefine what their brands looked like and stood for. Businesses that have survived sometimes don’t resemble what they once were. Despite what we’ve been through and how we’ve changed, growth is always inseparable from business. It defines us. Post-pandemic growth is a big priority for many businesses. They need to recover lost revenues, capture new opportunities and invest in the customer experience so that they can build loyalty and trust as the economy recovers. The question is: how? Related: The World Is Changing and Your Brand Is Dying. Here’s How to Create and Champion an Evolving Brand What practices should businesses keep from pandemic times? There are still pandemic-era business practices that we should carry over into the new era. We have learned a lot in a short space of time, and much of the knowledge that we acquired will continue to be useful. The most resourceful leaders will be able to repurpose pandemic lessons for the future of their companies. For instance, wise leaders will remember to invest in employee training and development. They will listen to their team members and encourage open communication and feedback because they know it helps them move in the right direction. They also know that digital tools can increase efficiency and collaboration in both good times and bad. Still, some of the practices we relied on during the pandemic definitely need to be ended. The exclusive focus on cost-cutting measures, for instance, no longer makes sense. We have gotten into a habit of hunkering down and prioritizing core processes; now is the time to let the secondary and tertiary concerns back in. We need to stop relegating customer service and satisfaction to the “nice-to-have” bucket and start recognizing how critical it is to success. Before, we generally didn’t have the money or the time to invest properly in tools, employee training or development. Now that we do, we need to invest in anything that will empower our teams to set goals and innovate with confidence. Related: 5 Lessons the Pandemic Has Taught Entrepreneurs How businesses can find their North Star after the pandemic The pandemic era has taught us some valuable lessons and given us a new set of priorities. Consider customer experience as the North Star of post-pandemic business growth. Business leaders need to pay attention to the trends that are currently emerging because they demonstrate what consumers are thinking and how they’re feeling. Here are three ways to accomplish that: 1. Focus on health and wellness needs The pandemic may be winding down and we may be entering a new era, but if the last three years have taught us anything, it’s that health matters. According to McKinsey & Company, the value of the global fitness market exceeds $1.5 trillion, and it’s expected to grow between 5 percent and 10 percent every year. People are really trying to shape their lives around their well-being and placing greater emphasis on preventive health care, healthy eating and fitness. This has led to an increased demand for health and wellness products, supplements, fitness apps and services, self-care tools, therapeutics and any other health-related service. 2. Find local vendors Growth isn’t necessarily about expanding globally. With the pandemic bringing global trade to a standstill, many people have turned to locally sourced products to support local businesses and reduce their environmental footprint. Because the importance of sustainability has become more appreciated by the public — according to a report by Havas Group Worldwide, 73% of consumers believe that brands have a responsibility to act for the good of society and the Earth — customers are looking for sustainable products and services. This includes demand for eco-friendly packaging and sustainable materials. This trend will likely continue as we become more aware of the impact of our buying decisions. Related: What Is Sustainability in Business? 3. Ask questions to and about customers According to a report by Salesforce, 56 percent of customers expect that all of their offers be personalized to them. Because this number will only continue to grow, companies must focus on understanding customer needs, providing a seamless user experience and delivering valuable products and services. In order to know what “valuable” means to customers, ask questions. What customer needs are not being met right now? What customer-centric strategies can be implemented to provide a better experience? How can data be used to make a better decision? By focusing on the customer experience, we can keep the North Star in our sights and let it set a clear path for post-pandemic growth.

India has thrown its weight behind the open-source RISC-V architecture. The technology is said to be gaining ground as a global contender to the domination of Softbank‘s ARM technology. The aim is to be self-reliant in semiconductor design. India’s computing systems will leverage DIR- V (Digital India RISC V) program and will have a serious presence in all the capabilities that we need in the automotive, space tech, IoT sensors and mobility, minister of state for electronics and information technology, Rajeev Chandrasekhar said at the recent Digital India RISC-V Symposium organized by MEITY and IIT-Madras in Chennai. RISC-V stands for ‘Reduced Instruction Set Computer’, and ‘V’ stands for the fifth generation. The DIR-V program, launched last year, aims to boost India’s semiconductor ecosystem by creating advanced microprocessors. The minister spoke about how DIR-V will create tech opportunities for the industry.“Today, for India, the Future is Bright; the Future is DIR-V. Our Prime Minister has already declared that this initiative will define India’s techade and present numerous tech opportunities. This will be driven by the creativity and innovation of our engineers and startups in India. Innovation, functionality and performance — these are the mantras for the coming years for the DIR-V program. The government of India is fully committed to making DIR-V the Indian ISA (Instruction Set Architecture),” he said. What is RISC-V ISARISC-V is an open-source instruction set architecture (ISA) that enables the development of custom processors for various end applications. Unlike proprietary processor architectures, RISC-V is open and was originally developed at the University of California, Berkeley.It is the fifth generation of processors built on the concept of the reduced instruction set computer (RISC). RISC-V has gained popularity in recent years due to its technical merits and openness. It is now managed by RISC-V International, which boasts over 3,000 members. By the end of 2022, more than 10 billion chips containing RISC-V cores had shipped. RISC-V has numerous open-source core and commercial IP product implementations available.RISC-V processors have a wide range of applications, including wearables, industrial devices, IoT devices, and home appliances. They are ideal for limited space and battery-powered designs. RISC-V cores can be customised for specific needs, including smartphones, automotive, HPC, and data centers. With extensions, they can also offer energy efficiency and reliability for aerospace and government use.How does RISC-V ISA workRISC-V is an open-standard architecture that gives designers the freedom to customise their processors for specific needs. The ISA is royalty-free and has a small core set of instructions, with optional extensions for different end markets. It’s ideal for embedded applications, microcontrollers, and has potential for high-performance computing and data centres.How is RISC-V ISA beneficial for India’s chip ecosystemRISC-V architecture offers simplified processor instructions for various tasks, enabling quick custom processor development. A common ISA simplifies software development, and RISC-V is open-standard, allowing for industry collaboration and innovation. Unique features can be customised, and smaller, energy-efficient options are available. Security features are also present with open-source reference designs and software analysis tools. Public scrutiny eliminates back doors and hidden channels.The RISC-V Instruction Set Architecture (ISA) is challenging the status quo with its free and open nature, driving unprecedented levels of innovation and pushing Moore‘s Law beyond its limits. The aim is to establish India as a RISC-V Talent Hub for the World and a supplier of RISC-V SoC (System on Chips) for Servers, Mobile devices, Automotive, IoT & Microcontrollers worldwide.India boasts a thriving ecosystem of chip designers in academia, scientific societies, and startups, all vying for a share in the growing RISC-V market. Now is the opportune time to showcase India’s strides in the global RISC-V community and unveil the Digital India RISC-V Processor roadmap to the world.

Krishnan says the creator of the system published a video appearing to show the chatbot operating and generating a scammy email. They were also trying to sell access to the system for $200 per month, or a yearly cost of $1,700. Krishnan says that in conversations with the developer behind FraudGPT, they claimed to have a few hundred subscribers and pushed for a sale, while the WormGPT creator appeared to have received payments into a cryptocurrency wallet address they shared. “All these projects are in their infancy,” Krishnan says. He adds, “we haven’t got much feedback” into whether people are purchasing or using the systems. While those touting the chatbots claim they exist, it is hard to verify the makeup and legitimacy of the systems. Cybercriminal scammers are known to scam other scammers, with previous research showing that they frequently try to rip each other off, don’t provide what they claim they are selling, and offer bad customer service. Sergey Shykevich, a threat intelligence group manager at security firm Check Point, says there are some hints that people are using WormGTP. “It seems there is a real tool,” Shykevich says. The seller behind the tool is “relatively reliable” and has a history on cybercrime forums, he says. There are more than 100 responses to one post about the WormGPT, Shykevich says, although some of these say the seller isn’t very responsive to their inquiries and others “weren’t very excited” about the system. Shykevich is less convinced about FraudGPT’s authenticity—the seller has also claimed to have systems called DarkBard and DarkBert. Shykevich says some of the posts from the seller were removed from the forums. Either way, the Check Point researcher says there’s no sign that any of the systems are more capable than ChatGPT, Bard, or other commercial LLMs. Kelly says he believes claims about the malicious LLMs created so far are “slightly overexaggerated.” But he adds, “this is not necessarily different from what legitimate businesses do in the real world.” Despite questions about the systems, it isn’t a surprise that cybercriminals want to get in on the LLM boom. The FBI has warned that cybercriminals are looking at using generative AI in their work, and European law enforcement agency Europol has issued a similar warning. The law enforcement agencies say LLMs could help cybercriminals with fraud, impersonation, and other social engineering faster than before and also improve their written English. Whenever any new product, service, or event gains public attention—from the Barbie movie to the Covid-19 pandemic—scammers rush to include it in their hacking artillery. So far, scammers have tricked people into downloading password-stealing malware through fake ads for ChatGPT, Bard, Midjourney, and other generative AI systems on Facebook. Researchers at security firm Sophos have spotted the operators of pig butchering and romance scams accidentally including generated text in their messages—“As a language model of ‘me’ I don’t have feelings or emotions like humans do,” one message said. And hackers have also been stealing tokens to provide them with access to OpenAI’s API and access to the chatbot at scale. In his WormGPT report, Kelly notes that cybercriminals are often sharing jailbreaks that allow people to bypass the safety restrictions put in place by the makers of popular LLMs. But even unconstrained versions of these models may, thankfully, not be that useful for cybercriminals in their current form. Shykevich, the Check Point researcher, says that even when he has seen cybercriminals try to use public models, they haven’t been effective. They can “create ransomware strains, info stealers, but no better than even an average developer,” he says. However, those on the cybercrime forums are still talking about making their own clones, Shykevich says, and they’re only going to get better at using the systems. So be careful what you click.

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