US returns 200 artifacts worth USD100 million to India

June 7, 2016

Washington, Jun 7: The US today returned to India over 200 stolen cultural artifacts, some dating back 2,000 years, estimated at USD 100 million, with Prime Minister Narendra Modi describing the cultural heritage as a great binding force in bilateral relationships.

US"Usually relationship between the countries of the world are very often covered by the present. It is present that plays a big role, but sometimes heritage becomes important in the relations of two countries. Sometimes what cannot be done by living persons is done by idols," the Prime Minister said at a ceremony held at the Blair House for the return of stolen artifacts to India.

Speaking in Hindi, the Prime Minister said that in the last two years various countries have endeavoured to return India's stolen cultural heritage.

"Both governments and law enforcement agencies of these countries now have become more alert on trafficking of cultural artifacts and are not only working to prevent it but also to send it back to the place of its origin," the Prime Minister said.

"I am grateful to the United States and President (Barack) Obama for returning these treasures to India which join us to our past," he said.

"For some, these artifacts may be measured in monetary terms and could be in millions for them, but for the people of India, it is a part of our culture and heritage that joins us to our past, that joins us to our values," the Prime Minister said in his brief remarks.

Modi said many tourists don't want to see only modern sites, but also they want to see the rich history a place offers.

People are attracted to India for its ancient civilisation, he said.

Referring to the Indus Valley civilisation, he said tourists are now flocking to India to see towns dating back 5,000 years.

"There treasures are to be enjoyed by the entire world. Technology can help us catch those indulging in illicit trafficking," the Prime Minister said.

Indian Ambassador to the US Arun K Singh said on Monday 12 artifacts have been returned and process has begun for the transfer of rest of the treasured artifacts.

Items returned included religious statues, bronzes and terra-cotta pieces, some dating back 2,000 years, looted from some of India's most treasured religious sites.

Among the pieces returned is a statue of Saint Manikkavichavakar, a Hindu mystic and poet from the Chola period (circa 850 AD to 1250 AD) stolen from the Sivan Temple in Chennai, which is valued at USD 1.5 million. Also included in the collection is a bronze sculpture of the Hindu god Ganesh estimated to be 1,000-year-old.

The artifacts that speak about India's astounding history and beautiful culture are beginning their journey home, said US Attorney General Loretta E Lynch.

"It is my hope – and the hope of the American people – that this repatriation will serve as a sign of our great respect for India's culture; our deep admiration for its people; and our sincere appreciation for the ties between our nations," she said.

"Protecting the cultural heritage of our global community is important work and we are committed to identifying and returning these priceless items to their countries of origin and rightful owners," said Secretary of Homeland Security Jeh Johnson said in a statement.

Johnson was not present at the repatriation ceremony.

"It's the responsibility of law enforcement worldwide to ensure criminal smuggling organisations do not profit from the theft of these culturally and historically valuable items," he said.

The majority of the pieces repatriated in the ceremony were seized during Operation Hidden Idol, an investigation that began in 2007 after Homeland Security Investigations (HSI) special agents received a tip about a shipment of seven crates destined for the US manifested as "marble garden table sets."

Examination of the shipment in question revealed numerous antiquities.

This shipment was imported by Subhash Kapoor, owner of Art of the Past Gallery.

HSI's Operation Hidden Idol focused on the activities of former New York-based art dealer Kapoor, currently in custody in India awaiting trial for allegedly looting tens of millions of dollars' worth of rare antiquities from several nations, a statement said.

Artifacts were also found in the Honolulu Museum and Peabody Essex, who promptly partnered with HSI to surrender illicit cultural property stemming from Kapoor.

HSI special agents have executed a series of search warrants targeting Kapoor's New York City gallery, along with warehouses and storage facilities linked to the dealer.

Additionally, five individuals have been arrested in the US for their role in the scheme, a statement said.

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Agencies
July 19,2020

New Delhi, Jul 19: Three of the 10 most valued companies added a total of Rs 98,622.89 crore to their market valuation last week, led by stellar gains in IT major Infosys.

Seven companies from the coveted list witnessed a decline in their market valuation last week, but their cumulative loss of Rs 37,701.1 crore was less than the total gain made by three firms -- Reliance Industries Limited, Hindustan Unilever Limited and Infosys.

The market capitalisation of Infosys zoomed Rs 52,046.87 crore to Rs 3,85,027.58 crore. Shares of Infosys had rallied over 9 per cent on Thursday after the company posted a stronger-than-expected 12.4 per cent rise in the first quarter consolidated net profit.

Hindustan Unilever Limited added Rs 25,751.07 crore in its market valuation which stood at Rs 5,48,232.26 crore at close on Friday. Reliance Industries' m-cap jumped Rs 20,824.95 crore to Rs 12,11,682.08 crore.

In contrast, HDFC's valuation plunged Rs 13,920.21 crore to Rs 3,13,269.70 crore and that of Tata Consultancy Services (TCS) declined Rs 7,617.34 crore to Rs 8,26,031.21 crore.

The valuation of ICICI Bank tumbled Rs 4,205.71 crore to Rs 2,29,156.24 crore and that of Kotak Mahindra Bank by Rs 4,175.28 crore to Rs 2,62,864.37 crore.

Bharti Airtel's m-cap dipped Rs 4,009.83 crore to Rs 3,09,521.05 crore and HDFC Bank's by Rs 3,403.97 crore to Rs 6,03,463.97 crore.

The valuation of ITC declined by Rs 368.76 crore to Rs 2,38,469.29 crore.

In the ranking of top-10 firms, RIL was at the number one rank followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank.

During the last week, the 30-share BSE index advanced 425.81 points or 1.16 per cent.

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Agencies
January 10,2020

Indian enterprises were flooded with a whopping 14.6 crore malware threats in 2019 - a growth of 48 per cent (year-on-year) compared to 2018, a new report said on Friday.

Manufacturing, BFSI (banking, financial services and insurance), education, healthcare, IT/ITES, and the government were the most at-risk industries in the country, said the report from Seqrite, the enterprise arm of Pune-based IT security firm Quick Heal Technologies.

Interestingly, almost a quarter (23 per cent) of the threats were identified through 'Signatureless behaviour-based' detection by Seqrite, indicating how a growing number of cybercriminals were deploying new or previously unknown threat vectors to compromise enterprise security.

"With the latest Seqrite annual threat report, we want to empower CIOs, CISOs, business leaders and all key public stakeholders with the insights they need to combat the growing complexity of the threat landscape," said Sanjay Katkar, Joint Managing Director and CTO, Quick Heal Technologies.

The most prominent trend was the drastic increase in the volume, intensity, and sophistication of cyber-attack campaigns targeting Indian enterprises in 2019.

The rapid integration of IoT devices, BYOD (bring your own device), and third-party APIs into enterprise networks has created newer security vulnerabilities that might go unnoticed until a major breach occurs.

Threat researchers at Seqrite observed several large-scale advanced persistent threats (APT) attacks deployed against organisations in the government sector.

"The entry of nation-states and organised cybercrime cells into the fray is expected to add more complication to this situation and will require Indian government bodies and corporate enterprises to shore up their cyber defence strategies in 2020 and beyond," the report noted.

More alarming, however, was the continued lack of security awareness amongst enterprises and government organisations.

"Unsecured Remote Desktop Protocol (RDP) and Server Message Block (SMB) protocols continued to be targeted through brute-force attacks," said the report.

Spear phishing attack campaigns leveraging Office exploits and infected macros were also used extensively by cybercriminals to gain access to enterprise networks and steal critical data.

"India's digital journey depends on ensuring robust cybersecurity for all stakeholders within the enterprise ecosystem," said Katkar.

The sharp spike should be a cause of concern for CIOs and CISOs in the country, especially given the growing digital penetration within their enterprise networks.

"With network vulnerabilities and potential entry points increasing at a rapid pace, threat actors are expected to leverage artificial intelligence (AI) capabilities to power their malware campaigns in the future to capitalise on newer attack vectors," the report added.

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Agencies
May 19,2020

Cybersecurity researchers on Monday warned of a Trojan malware campaign which is targeting India's co-operative banks using COVID-19 as a bait.

Seqrite, the enterprise arm of IT security firm Quick Heal Technologies, detected the new wave of Adwind Java Remote Access Trojan (RAT) campaign.

Researchers at Seqrite warned that if attackers are successful, they can take over the victim's device to steal sensitive data like SWIFT logins and customer details and move laterally to launch large scale cyberattacks and financial frauds.

According to the researchers, the Java RAT campaign starts with a spear-phishing email which claims to have originated from either the Reserve Bank of India or a nationalised bank.

The content of the email refers to COVID-19 guidelines or a financial transaction, with detailed information in an attachment, which is a zip file containing a JAR based malware.

Upon further investigation, researchers at Seqrite found that the JAR based malware is a Remote Access Trojan that can run on any machine which has Java runtime enabled and hence it can impact a variety of endpoints, irrespective of their base operating system.

Once the RAT is installed, the attacker can take over the victim's device, send commands from a remote machine, and spread laterally in the network.

In addition, this malware can also log keystrokes, capture screenshots, download additional payloads, and extract sensitive user information, Seqrite said, adding that such attack campaigns can effectively jeopardise the privacy and security of sensitive data at the co-operative banks and result in large scale attacks and financial frauds.

To prevent such attacks, users need to exercise ample caution and avoid opening attachments and clicking on web links in unsolicited emails.

Banks should also keep their operating systems updated and have a full-fledged security solution installed on all the devices, Seqrite advised.

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