Hacked details of credit cards available for sale online at just Rs 500

Agencies
October 17, 2017

Indore, Oct 17: The cyber squad of Madhya Pradesh Police has arrested two persons of an international gang that used to make large-scale online purchases and enjoy foreign trips by using hacked information of credit cards, a senior official claimed.

Superintendent of Police (SP) of State Cyber Cells Indore unit, Jitendra Singh told reporters today that two Indian members of this gang, identified as Ramkumar Pillai and Ramprasad Nadar, were arrested following a complaint made by a bank official from Agar Malwa district.

The SP said both the accused are residents of Mumbai and suspected to be associated with a gang of international cyber criminals, run by Pakistani citizen Shaikh Afzal ka Shozi.

He said, "We have learnt that Shozi is a native of Lahore and got married only last year. Shozi visits different countries across the world. He was in Uzbekistan when Nadar and Pillai talked to him last time through Skype. We are trying to confirm these details."

Singh said members of this cyber gang purchased credit card details hacked from some websites by the dark web (secret world of internet that is notorious for illegal business).

Then the gang members made purchases of air tickets and tourism packages of Bangkok, Thailand, Dubai, Hong Kong and Malaysia by using this confidential information of hacked credit cards. Simultaneously, they also made online purchases of expensive items from foreign companies, said the official.

He said, "The gang members used to pay through Bitcoin (virtual and digital currency) to purchase the hacked details of credit cards on dark web. If this payment is measured in terms of Indian currency, it costs only Rs 500 to Rs 800 to buy details of every credit card. "

Singh said the accused also used to send half the amount, they spent by misusing the credit card details, to Shozi by secret online methods.

The accused also used to select the online e-commerce website, where they do not need a one-time password (OTP) to make a purchase. So, the holders would get the information about the misuse of credit cards only after the payment.

Singh said initial investigation revealed that both the accused have made purchases of about Rs 20 lakh by misusing the details of 17 credit cards so far. However, this figure may go up after further investigation.

He said that the police have been searching for a resident of Jabalpur, who is also learnt to be connected with this gang.

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Agencies
July 11,2020

Citing the current dismal aviation scenario, Air India is terminating the services of trainee cabin crew and cabin crew by withdrawing the offer of employment of those who were under training.

As per sources, the new crew and trainee pilots might reduce contracts from five years to one year. Sources said Air India is terminating 1,200 crew and employees who are more than 55-yr-old including 190 trainee pilots.

In a letter reviewed by IANS, Air India has informed an applicant who had been selected as cabin crew in August 2019 subject to successful completion of training.

"On behalf of Air India we would like to thank you for the interest shown by you in joining our organization. However, in view of the current aviation scenario, it would not be possible for Air India to impart any further training to you for engaging your services," the company said.

"In view of the above reasons, which are beyond the control of the company, it has been decided to discontinue your training arrangements and dispense with the offer of engagement with immediate effect. The bank guarantee furnished by you at the time of joining is returned herewith," Air India told the cabin crew.

"Once again on behalf of Air India we thank you for your cooperation and trust that you will appreciate the circumstances under which we are constrained to discontinue the training arrangements," the carrier said.

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Agencies
June 9,2020

Soon, you may be able to withdraw cash from an ATM without touching any part of the machine. AGS Transact Technologies, a provider of cash and digital payment solutions and automation technology, on Monday said it has successfully developed and tested a touchless ATM solution in light of the COVID-19 pandemic.

The ‘contactless' solution, currently under demo at interested banks, enables a customer to perform all the steps required to withdraw cash from an ATM using the mobile app itself. 

The customer simply has to scan the QR code displayed on the ATM screen and follow the directions on their respective bank's mobile application. 

This includes entering the amount and mPIN required to dispense the cash from the ATM machine. 

According to the company, the QR code feature makes cash withdrawals quicker and more secure, and negates the chances of compromising the ATM Pin or card skimming.

"The new Touchless ATM solution is an extension of the flagship QR Cash solution which ensures safety of the users and will provide a seamless cash withdrawal experience with enhanced security," said Ravi B. Goyal, Chairman and MD, AGS Transact Technologies Ltd.

With minimum investment, the banks can enable this solution for their ATM networks by upgrading the existing software.

AGSTTL has so far installed, maintained and managed a network of over 72,000 ATMs across the country and also provides customised solutions to leading banks. 

The company earlier introduced UPI-QR based Cash withdrawal solution in partnership with Bank of India. 

This is how the solution works.

Open the Bank mobile application on your smartphone and select QR Cash Withdrawal. Enter the amount you wish to withdraw on the mobile app and scan the QR code on the ATM screen.

Next, confirm the amount by clicking on ‘proceed' in the app and enter the mPin to authenticate the transaction. Now collect the cash and receipt and you are done.

"The seamless, cardless and touchless withdrawal method is designed to provide easy transaction flow, without the need to touch the ATM screen or enter the pin," said Mahesh Patel, President and Group Chief Technology Officer, AGS Transact Technologies.

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Agencies
July 3,2020

Mumbai, Jul 3: In yet another move to keep Chinese technologies companies at bay, the Centre has cancelled the 4G upgradation tender for BSNL as it has decided to come up with fresh specifications for the upgrade process, sources said.

The Department of Telecommunications (DoT) is likely to issue a fresh tender in the next two weeks.

People in the know said that the fresh tender may not allow Chinese companies to participate and that the new tenders that will be floated in the next two weeks will emphasise on Make in India.

As the border tussle with China escalated last month and around 20 soldiers lost their lives, the government had last month asked both BSNL and MTNL not to use equipment of Chinese makers in their upgrading process to 4G facilities.

Huawei and ZTE are the major Chinese telecom equipment makers working with Indian telecom companies and they would be the hardest hit by the decision.

The impact may be felt in terms of the much-awaited 5G trials in the country. After much deliberation, the Centre last December decided to allow Huawei to take part in the 5G trials.

The cancellation of tender for BSNL's 4G upgradation comes after the Centre on Monday banned 59 Chinese apps including TikTok, WeChat and UC Browser.

A statement by the Ministry of Electronics and IT said that the decision was taken since "there is credible information that these apps are engaged in activities which are prejudicial to sovereignty and integrity of India, defence of India, security of state and public order".

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