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FB removes 3 bn fake accounts, says 5% of its monthly active users were fake

Agencies
May 24, 2019

San Francisco, May 24: Facebook has removed more than three billion fake accounts in the October 2018-March 2019 period, saying that about 5 per cent of its monthly active users were fake.

Facebook disabled 1.2 billion accounts in Q4 2018 and 2.19 billion in Q1 2019.

"For fake accounts, the amount of accounts we took action on increased due to automated attacks by bad actors who attempt to create large volumes of accounts at one time," Guy Rosen, Facebook's vice president for integrity, said in a blog post on Thursday.

According to Rosen, for every 10,000 times people who view content on Facebook, 11 to 14 views contained content that violate the platform's adult nudity and sexual activity policy.

"We estimated for every 10,000 times people viewed content on Facebook, 25 views contained content that violated our violence and graphic content policy.

"During the second half of 2018, the volume of content restrictions based on local law increased globally by 135 per cent from 15,337 to 35,972.

"This increase was primarily driven by 16,600 items we restricted in India based on a Delhi High Court order regarding claims made about PepsiCo products," said Facebook.

In the second half of 2018, Facebook identified 53 disruptions of Facebook services in nine countries, compared to 48 disruptions in eight nations in the first half of 2018.

"This half, India accounted for 85 per cent of total new global disruptions," said the company.

In this period, on Facebook and Instagram, the company took down 2,595,410 pieces of content based on 511,706 copyright reports; 215,877 pieces of content based on 81,243 trademark reports; and 781,875 pieces of content based on 62,829 counterfeit reports.

"In Q1 2019, we took action on about 900,000 pieces of drug sale content, of which 83.3 per cent we detected pro-actively. In the same period, we took action on about 670,000 pieces of firearm sale content, of which 69.9 per cent we detected pro-actively," added Rosen.

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Agencies
July 18,2020

New Delhi, Jul 18: India's national cybersecurity agency CERT-in, has warned people of credit card skimming spreading across the world through e-commerce platforms.

Attackers are typically targeting e-commerce sites because of their wide presence, popularity and the environment LAMP (Linux, Apache, MySQL, and PHP), the Computer Emergency Response Team (CERT-In) said in a notice on Thursday.

Recently, attackers targeted sites which were hosted on Microsoft's IIS server running with the ASP.NET web application framework, it said.

Some of the sites affected by the attack were found to be running ASP.NET version 4.0.30319, which is no longer officially supported by Microsoft and may contain multiple vulnerabilities, CERT-In said.

The notice also included a list of best practices for website developers including the use of the latest version of ASP.NET web framework, IIS web server and database server.

The advisory is based on research by Malwarebytes which found that this skimming campaign likely began sometime in April this year.

Credit card skimming has become a popular activity for cybercriminals over the past few years, and the increase in online shopping during the pandemic means additional business for them, too, Malwarebytes said in a blog post, adding that attackers do not need to limit themselves to the most popular e-commerce platforms.

Researchers from global cybersecurity and anti-virus brand Kaspersky had warned in December last year that more cybercriminal groups will target online payment processing systems in 2020. 

It said that over the past couple of years, so-called JS-skimming (the method of stealing of payment card data from online stores), has gained immense popularity among attackers. 

Kaspersky researchers in their report said they are currently aware of at least 10 different actors involved in these type of attacks.

Their number will continue to grow during the next year, the report said, adding that the most dangerous attacks will be on companies that provide services such as e-commerce as-a-service, which will lead to the compromise of thousands of companies.

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News Network
July 28,2020

Bengaluru, Jul 28: Congress leader Siddaramaiah on Monday alleged that BJP is trying to destabilise the Congress government in Rajasthan.

"It is the duty of the Governor to act according to the decision of the state cabinet. But he is acting like a central government puppet," he said at a protest organised here by Karnataka Pradesh Congress Committee (KPCC).

He said the Congress is protesting across the country to save democracy and save the constitution.

"We are not fighting through violence. We are protesting peacefully. The Constitution has given the right to protest in a democratic system," he said.

He accused the BJP of "being disrespectful" to the Constitution.

"Governments must walk within the framework of the Constitution. The Constitution gives everyone rights and duties. BJP destabilises elected governments and buys our legislators by horse-trading by spending crores of money. The same thing happened in Karnataka as well," he alleged.

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Agencies
March 7,2020

New Delhi, Mar 7: The Union government has issued a Global Invite for Expression of Interest for disinvestment in Bharat Petroleum Corporation Limited (BPCL) from prospective bidders with a minimum net worth of $10 billion as of Saturday.

The EoI submissions can be made till May 2, whereas investor queries will be entertained till April 4.

Another condition pertains to a maximum of four members are permitted in a consortium, and the lead member must hold 40 per cent in proportion. Other members of the consortium must have a minimum $1 billion net worth.

The EOI allows changes in the consortium within 45 days, though the lead member cannot be changed.

The GoI proposes to disinvest its entire shareholding in BPCL comprising 1,14,91,83,592 equity shares held through the Ministry of Petroleum and Natural Gas, which constitutes 52.98 per cent of BPCL's equity share capital, along with the transfer of management control to the strategic buyer (except BPCL's equity shareholding of 61.65 per cent in Numaligarh Refinery Limited (NRL) and management control thereon).

The shareholding of BPCL in NRL will be transferred to a Central Public Sector Enterprise operating in the oil and gas sector under the Ministry and accordingly is not a part of the proposed transaction.

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