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Monday, August 23, 2021

WhatsApp, Friends Reunion, missing parcels: Here’s how scammers are stealing money from netizens

 

In its report titled ‘Spam and Phishing in Q2 2021’, researchers from cybersecurity firm Kaspersky have detailed how scammers used WhatsApp for tricking users into giving up their hard-earned money in the past quarter. — AFP

 

WhatsApp is one of the most popular messaging platforms on the Earth. It is used by over two billion users across the world to send around 100 billion messages every month.

` Unfortunately, its popularity among users also makes it popular among scammers who are constantly looking for new tricks to dupe innocent netizens. Now, a new report by Kaspersky has shed some light on the tricks that the fraudsters have been using to steal users’ money.

` In its report titled ‘Spam and Phishing in Q2 2021’, researchers from cybersecurity firm Kaspersky have detailed how scammers used WhatsApp for tricking users into giving up their hard-earned money in the past quarter.

` “Victims were asked, for example, to take a short survey about WhatsApp and to send messages to several contacts in order to receive a prize. 

Another traditional scam aims to persuade the user that they are the lucky winner of a tidy sum. Both scenarios end the same way: the scammers promise a large payout, but only after receiving a small commission,” the company wrote in its report.

` Another method used is sending messages through email. “Emails with a link pointing to a fake WhatsApp voice message most likely belong to the same category. 

By following it, the recipient risks not only handing over their personal data to the attackers, but also downloading malware to their computer or phone,” the company added.

` Notably, WhatsApp is just one of the many ways that these fraudsters used to defraud innocent users. Yet another method that they used for tricking people is called parcel scam, which was one of the most common tricks that they used in the past quarter. 

They used invoices from mail companies, including custom duties and shipment costs, to make Internet users pay a small sum to get their packages.

` “When trying to pay for the service, as with compensation fraud, victims were taken to a fake website, where they risked not only losing the amount itself (which could be far higher than specified in the email), but also spilling their bank card details,” the cybersecurity experts wrote in the report.

` Fraudsters also used Friends: The Reunion to defraud Internet users. Kaspersky researchers found fake sites supposedly hosting Friends: The Reunion. 

“Fans who tried to watch or download the long-awaited continuation were redirected to a Columbia Pictures splash screen. After a few seconds, the broadcast stopped, replaced by a request to pay a nominal fee,” the report added. – Hindustan Times, New Delhi/Tribune News Service

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` Source link

 

Spam and phishing in Q2 2021 - Securelist

WhatsApp users’ phone numbers and chats exposed on Google

 

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Saturday, August 21, 2021

The economics of politics: Malaysia's leaders should put the people's interests before their own !

 


THE Sengoku period (also known as the “Warring States period”) of Japan from 1467 to 1615 is a period of great turbulence and unrest due to endless civil war and social upheaval.

` It came about as a result of a political vacuum when the Ashikaga Shogunate collapsed. Advancement of technology during this period also contributed to new warfare. Europeans arriving at the shores of Japan in 1543 introduced the “arquebus”, a type of long gun of its time. It was the same weaponry used by the Portuguese when they invaded the Sultanate of Malacca in 1511.

` I find this period of Japanese history especially fascinating, as this is where samurai warlords such as Oda Nobunaga, Toyotomi Hideyoshi and Tokugawa Ieyasu rose to prominence. Nobunaga was the leading figure and is recognised as one of the “Three Great Unifiers” of Japan. Coming from a relatively small, Oda clan, he became the most powerful Daimyo (feudal lord) of his time. Due to his adoption of “arquebus” and prowess in war, he was a potent force fighting towards a unification of all of Japan.

` He was succeeded by Hideyoshi, after being forced to commit seppuku in Kyoto when a retainer samurai general, Akechi Mitsushide, launched a coup. Hideyoshi was Nobunaga’s loyal general who rose through the ranks from a foot soldier. He completed Nobunaga’s unification agenda from the existing foundation laid and became the de facto leader of his time.

` Sadly, blinded by his political ambition to expand territories beyond Japan, he launched an ill-fated Korean invasion which damaged Japan’s own domestic economy due to prolonged military stalemate.

` After his death, his five-year-old son, Toyotami Hideyori, succeeded him under the guidance of a Council of Five Regents. It wasn’t until 17 years later before the conflict between Toyotami loyalist supporting Hideyori as a rightful ruler of Japan and Ieyasu, the regent and most influential Daimyo then, imploded leading to the Battle of Sekigahara. Ieyasu won and it ushered 250 years of peace and economic growth known as the Edo Period (Tokugawa Era).

` As our country is in the midst of a second major political impasse after only 18 months and looking to have its third government in three years, this raises the issue of the cost of politics towards our country’s economy and its overall wellbeing.

` Looking back, the Sengoku period was a time of political turmoil where espionage, betrayals and revenge were ordinary course of daily business. It is no different from modern politics today minus the bloodshed. The whole cloak-and-dagger operations beneath the glamorous guise of democracy today hinges on personal interests over the greater good of the people. Hence, almost always the people end up paying the greatest price in the economics of politics.

` The current geopolitical issue in Afghanistan is a clear testament of the cost of politics and poor foreign policy of the United States. After spending US$1 trillion (RM4.2 trillion) of taxpayers’ money, sacrificing 2,448 Americans lives with 20,722 more wounded over 20 years, the longest spanning foreign war in the US’ history is officially drawing to a close. However, at what cost?

` The withdrawal of troops has a left a vacuum in Afghanistan where the “elected” government was overran by armed Taliban. Even president Ashraf Ghani fled the country with cars and choppers filled with cash. The innocent citizens of Afghanistan are left to fend for themselves, while those deemed pro-American are fearing for their lives. Innocent people of both countries paid the ultimate price for US disastrous foreign policy which benefited nobody except weapons manufacturers, arms dealers, pro-war politicians and lobbyist. This is the real cost of politics on full display.

` Of course, there are economics positives that comes out from politics too. After all, politicians plays the role of lawmakers of a country and policies crafted will have direct consequences on the economics of a nation (refer to China’s GDP Growth chart below).

` Deng Xiaoping, the de facto paramount leader of China inherited a country when it was suffering from poverty and ill effects of policies such as the “Great Leap Forward” and “Cultural Revolution” implemented during Mao-era. He instituted a series of reforms including the most crucial “Opening Up of China” (Gai Ge Kai Fang) which pivoted China from a planned economy to a socialist market economy (also known as socialist capitalism).

` I remembered asking my economics professor in LSE years ago, “who is your favourite economist of all time?” Without hesitation, he said “Deng Xiaoping. This man may be small in size but he is enormous in stature. He is great because he had the vision to institute economic reforms steering from old ways for the world’s most populous nation. By doing so, he saved countless of lives.”

` Relating to the current political predicament in our country, I realised how Deng Xiaoping was not your ordinary politician. Unknown to many, he did not actually hold official leadership position in Government or the Chinese Communist Party when he was instituting reforms. Yet, his policies from 1978 onwards laid the foundation for what would make China the second largest economy and superpower of the world today. He is a statesman without honorifics, position and title.

` China’s GDP Growth Chart in above

` Economics and politics always go hand in hand. Both cannot be looked at in isolation. While there are many negative economic indicators for our country at present such as Fitch Solution’s latest 2021 GDP growth forecast downgrade to zero or other rankings which point towards our country’s rapid decline in comparison to regional peers, one should not despair and be overly pessimistic.

` Our country was a beacon of democracy in South East Asia when there was a peaceful transfer of power in 2018 from a regime that ruled for 61 years since Merdeka. Of course, today’s political quandary exposes the flaws within the system but fail safes can be implemented if the leaders are willing to put the people’s interests before their own.

` Japan did not get to where they are today overnight. It was a civilization that went through the bloody Sengoku period. It also showed us that before an era of peace and prosperity comes along, there will be times of turbulence.

` Rest assure, history has shown as society progresses through education and learning from the mistakes of the past, it will mature. That is my hope for the country.

` Ng Zhu Hann, is the author of Once Upon A Time In Bursa. He is a lawyer & former Chief Strategist of a Fortune 500 Corporation. The views expressed here are his own.

Hann Ng - Managing Partner - Hann Partnership | LinkedIn

NG ZHU HANN

 

 ` Source link`  


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Foreign Ministry says Washington ‘applying presumption of guilt’

 BEIJING: Foreign Ministry spokesman Zhao Lijian said that the United States cares nothing about facts or truth, but only about how to exhaust and smear China by launching an investigation over the so-called “lab leak theory” that presumes China is guilty.

` Zhao made the remark on Wednesday after media reports cited informed sources as saying that the US intelligence agency still intends to release a report that makes up misleading conclusions over Covid-19 origins, despite the lack of concrete proof, and that high-level US officials believe the real purpose is to hype up the origin investigation with the aim of exhausting China’s diplomatic resources and increasing US leverage regarding China.

` “If the media reports are true, the US report will be a statement of confession that shows that Washington is deliberately applying presumption of guilt,” Zhao told reporters in Beijing.

` According to the Global Times, Washington is ramping up pressure to coerce international scientists and to rope in allies and World Health Organisation members to smear China over virus origins to beat the 90-day deadline for intelligence officials set by US President Joe Biden.

` The newspaper said it was told by a source that the US will collude with the European Union, Australia and Japan to issue a statement on the second phase of investigation.

` The spokesman said that by going all out to smear China, the US is trying to deflect the international community’s attention from Fort Detrick in the US and other bio labs it owns abroad.

` “What is the US trying to hide?” Zhao said, while also urging the US to clear suspicion over these bio labs’ relation to outbreaks of such diseases such as plague, anthrax and Middle East respiratory syndrome. — China Daily/ANN , adding that the US should invite the WHO to carry out a COVID-19 origins investigation in the US, particularly at Fort Detrick and the University of North Carolina. -- China Daily/ANN

` Source link` ` 

 

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