New virus attacks when you swipe your debit card

January 19, 2014

Virus_attacks_debit_cardNew Delhi, Jan 19: Cyber security sleuths have detected a "black" private information stealing virus in the Indian online banking transactions space and have alerted consumers who swipe debit or credit cards at shopping counters to make payments.

The "severely" spreading virus of the Trojan family has been detected conducting its clandestine operations at the Point of Sale (POS) counters placed at retail terminals after the RBI made it mandatory in December last year for debit cards holders to punch in their PIN every time they make a purchase.

The virus named "Dexter, black POS, memory dump and grabber" can acquire seven aliases when infecting a system and once it is successful in breaching the security protocols of a POS terminal, it steals confidential data like card holder's name, account number, expiration date, CVV code and other discretionary information which could lead to financially compromising and phishing attacks on the card at a later stage.

"It has been reported that malware campaigns targeting payment card processing, point-of-sale (POS), check out systems or equipment are on the rise.

"The common infection vectors for POS system malwares includes phishing emails or social engineering techniques to deliver the malware, use of default or weak credentials, unauthorised access, open wireless networks along with the methods of installing malware as a part of service," a latest advisory issued to the public by the Computer Emergency Response Team (CERT-India) said.

The CERT-In is the nodal department to protect Indian cyberspace and software base infrastructure against any destructive and hacking activities.

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News Network
April 21,2020

Bengaluru, Apr 21: Alarmed by reports that 53 media persons have contracted coronavirus in Maharashtra, a Minister on Tuesday urged Chief Minister B S Yediyurappa to screen all the journalists in Karnataka.

During the regular Covid-19 related briefing on Monday, a reporter had raised the issue of 53 journalists in the neighbouring state testing positive for the disease, with Minister for Primary and Secondary Education S Suresh Kumar.

In Maharashtra, out of the 171 scribes examined medically, 53 were found to have the viral infection.

In his letter to the CM, Kumar said a similar test should be carried on the journalists in Karnataka.

"The journalists wanted a similar kind of screening to be carried out on them. Therefore, please direct the health and the information department immediately to conduct the screening of journalists who are in contact with public," Kumar said.

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coastaldigest.com news network
July 3,2020

Brahmavar, Jul 3: Two friends drowned accidentally in a rivulet while catching fish near Barkur in Brahmavar taluk of Udupi district today.  

The deceased have been identified as Karthik (20), a final year B.Com student, and Harsha (26), who was working as a recovery agent for a local finance company. Both were local residents. 

The incident took place around 8 a.m. when they were trying to catch fish. Even though a few locals were there on the spot they could not save the duo as the water level has increased in the rivulet due to rains. After an hour the bodies were fished out. 

A case was registered at Brahmavar police station and investigations are on.

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KT
April 12,2020

Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.

"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.

Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.

Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.

NMC recently revised its debt position to $6.6 billion, well above earlier estimates.

London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.

"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.

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