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PLUS: China broadens cryptocurrency crackdown; Australian facial recognition privacy revisited; Singapore debuts electric VTOL; and more! Asia In Brief The Commissioner of Police in the Indian city of Hyderabad, population 11 million, has called for AI agents to be issued with identity cards – or at least their digital equivalent.…
Government is fed up with bad actors using digi-cash to fund dodgy deeds India’s government has updated the regulations it imposes on cryptocurrency services providers, as part of its efforts to combat fraud, money laundering, and terrorism.…
PLUS: APNIC completes re-org; India cuts costs for chipmakers; Infosys tax probe ends; and more Asia In Brief Australia’s Federal Police (AFP) last week announced charges against four suspects for alleged participation in a money-laundering scheme that involved a security company’s armored cash transport unit.…
Devices containing crypto wallets tracked online, then in the real world Indian authorities seize loot from BitConnect crypto-Ponzi scheme Devices containing crypto wallets tracked online, then in the real world India’s Directorate of Enforcement has found and seized over $200 million of loot it says are the proceeds of the BitConnect crypto-fraud scheme.…
ALSO: Crypto-hub Binance helps Delhi police shut down solar power scam IBM announced on Tuesday it has acquired Prescinto, a Bangalore-based provider of asset performance management software for renewable energy.…
Plus: SpaceX plans Vietnam investment; Yahoo! Japan content moderation secrets; LG offloads Chinese display factory; and more ASIA IN BRIEF It's not often The Register writes about a cryptocurrency outfit being on the right side of a scam or crime, but last week crypto exchange Binance claimed it helped Indian authorities to investigate a scam gaming app.…
There's a blockchain involved so it's totally going to stop you getting those calls India’s Telecom Regulatory Authority (TRAI) on Tuesday directed telcos to stop calls from unregistered telemarketers – and prevent them from using networks again for up to two years – as part of an effort to curb spam and scams.…
PLUS: India calls for global action on AI and crypto; Vietnam seeks cybersecurity independence; China bans AI prescribing drugs Asia In Brief Taiwan-based infosec consultancy Team T5 has disputed Microsoft's alleged timeline of just when a Beijing-linked attack group named Flax Typhoon commenced its campaigns.…
In a weird way, we can blame this on AI being a better bet than blockchain India's IT minister Rajeev Chandrasekhar will ask WhatsApp to explain what's up, after the Meta-owned messaging service experienced a dramatic increase in spam calls.…
Maybe – just maybe – messages and calls from +91 might become more trustworthy India's Telecom Regulatory Authority (TRAI) has announced a fresh crackdown on TXT spam – this time using artificial intelligence, after a previous blockchain-powered effort delivered mixed results.…
PLUS: China’s digital currency surges; Infosys tax portals wobble again; Singapore crypto protections; and more Asia In Brief India's government has given itself the power to compel social networks to take down content.…
Authorities also bust a shell company scam operation with links to the Middle Kingdom Chinese scammers have reportedly stolen a whopping $529 million dollars from Indian residents using instant lending apps, lures of part-time jobs, and bogus cryptocurrency trading schemes, according to the cyber crime unit in the state of Uttar Pradesh.…
PLUS: Australia mints a physical crypto-coin; Alibaba Cloud claims world's biggest DC; India’s space airbags; and more China will conduct a three month blitz to cleanse the local internet of "rumors and false information".…
Customer data collection and retention requirements also increased, including for crypto operators India's Computer Emergency Response Team (CERT-In) has given many of the nation's IT shops a big job that needs to be done in a hurry: complying with a new set of rules that require organizations to report 20 different types of infosec incidents within six hours of detection, be they a ransomware attack or mere compromise of a social media account.…
Labels digital currencies wreckers of sovereignty, worse than a Ponzi scheme The deputy governor of the Reserve Bank of India, T Rabi Sankar, has delivered an extremely unflattering assessment of cryptocurrencies – worse than Ponzi schemes, wreckers of economies, and richly deserving of a ban within India.…