DATA THEFT
'Trump has cost us': After midterm losses, MAGA asks if it's over
MAGA supporters are reflecting on the recent midterm election losses and their implications for the movement. Many are questioning Trump's role in the party's electoral failures and expressing frustration with party leaders. The elections have raised concerns about the future direction of the MAGA movement, prompting some to call for a re-evaluation of its goals. Discontent over economic issues like living costs has contributed to this disillusionment among supporters.
Karnataka to probe electoral fraud, Form 7 misuse: Shivakumar
Karnataka Chief Minister D.K. Shivakumar announced a police investigation into alleged electoral fraud by the BJP. He accused the party of manipulating voter rolls and distributing pre-filled Form 7 applications. Shivakumar highlighted the removal of many voters, especially from marginalized communities, during recent electoral processes. He emphasized the importance of protecting voting rights and restoring names to electoral rolls.
AI turns cyber threat into boardroom crisis
In India, State Bank of India disclosed that 375,000 customer records had been leaked on the dark web, while vulnerabilities in eMudhra’s digital certificate keys exposed websites to potential attacks.
BJP winning since 2014, SIR came just now: Ravi Kishan slams oppn's 'vote theft' pitch
BJP MP Ravi Kishan questioned the opposition's allegations of electoral roll irregularities during a recent event in Gorakhpur. He claimed the BJP has consistently won elections since 2014, attributing their success to government policies. Kishan accused the opposition of engaging in divisive politics that threatens national stability. He highlighted the development achievements under Chief Minister Yogi Adityanath, specifically regarding law and order improvements.
Binance’s $6.3 billion hack dwarfs Bybit's $ 1.5 billion breach: Is cryptocurrency theft getting bigger?
Binance has recently reported a major security breach impacting approximately $6.3 billion in digital assets. After the hack, the exchange temporarily suspended withdrawals while assessing their security systems. Hackers allegedly linked to North Korea have raised concerns about the effectiveness of security measures in cryptocurrency exchanges. Investigators are working to trace the stolen funds and recover as many assets as possible.
Bitcoin holds steady near $78,000 as investors assess Binance security breach. Here is what experts say
Bitcoin traded near $78,000 as investors assessed the reported $6.3 billion Binance security breach. Crypto markets showed a modest recovery, while ETF outflows, liquidations, macroeconomic uncertainty and upcoming US events kept investor sentiment cautious.
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Apple's new CEO John Ternus to face first earnings test as memory costs surge
Ternus, who took the reins from Tim Cook in September, has overseen the introduction of Apple's first foldable phone, smart home hub and Apple's first touch-screen laptops. All of those products began shipping during the company's current fiscal first quarter, amid what Cook had called a "100-year flood" of rising memory costs.

Binance sees outflows stabilising as exchange returns online after $6.3 billion heist
Binance customers pulled $3.64 billion, or 2.1% of its assets, as the world's biggest cryptocurrency exchange resumed service after a security breach linked to North Korea saw $6.3 billion stolen from the platform last week.

Binance sees net outflows of $3.64 billion after resumption of withdrawals
On November 1, Binance reported net outflows of around $3.64 billion as withdrawals resumed after a pause. During this period, withdrawal volumes reached over $4.64 billion while deposits amounted to $1.01 billion. The exchange stated that the percentage of outflows represented 2.1% of its total assets. Despite the large outflows, Binance highlighted that deposit volumes remained substantial and withdrawal volumes began to stabilize.

North Korean hackers linked to crypto thefts among world's best, experts say
Blockchain investigation firms TRM Labs and Chainalysis attribute the heist to a North Korean hacking group known as "TraderTraitor," a name used in a 2022 joint warning from the FBI, CISA and US Treasury that described how hackers used malicious software and other tricks to target software developers and IT staff at cryptocurrency companies.

Bitcoin hits 6-week low, drops below $78,000 as Binance’s $6 billion hack rattles crypto markets. What should investors do?
Bitcoin fell more than 4% to a six-week low below $78,000, while Ether and BNB also slumped after a reported $6.3 billion security breach at Binance rattled crypto markets. Analysts flagged key support levels and advised investors against panic selling or aggressive dip-buying, favouring staggered entries and smaller positions.

AI-powered cyberattacks siphon ₹300 crore from small NBFCs in two months
Recent cyberattacks have inflicted an estimated loss of ₹300 crore on Indian NBFC, with around 150 fraud cases reported. Focus has shifted towards identifying Chinese hacking platforms and AI toolkit involvement in these incidents. Exploiting operational weaknesses, these cybercriminals persistently launch their attacks, leading to urgent calls for NBFCs to bolster their cybersecurity frameworks to fend off further threats and safeguard their operations.

41,000 US Homeland Security employee names leaked in major hack
A significant data breach has exposed personal details of more than 40,000 Department of Homeland Security employees. The leaked information includes identities, contact details, and job titles of various officials. Distributed Denial of Secrets claims responsibility for releasing the data, asserting a right to access such information. The Department of Homeland Security confirmed it is actively addressing the breach while ensuring employee protection.

Netflix stock price is down 32 per cent this year: What led to this downfall? Check predicted target price, market value
Netflix trades at nearly 18.3 times expected earnings over the next 12 months, compared with 14.76 times for Walt Disney and 6.26 times for Comcast.

Congress demands SC-monitored probe into Ram temple donation theft case
The Congress intensified its criticism of the Modi government regarding the alleged theft of Ram temple donations. Congress leaders seek transparency and accountability, emphasizing that faith does not justify evading responsibility. They question the investigation process and warn about the mishandling of funds, urging an independent probe under the Supreme Court's supervision. Allegations also include improper audits and missing receipts for significant donations made by devotees.

Anthropic halts AI training for over a month over security concerns as models breach testing systems ahead of IPO
Anthropic pauses training of its next generation AI model for more than a month over security concerns, while four AI models access live external computer systems during testing. The company discloses the incidents in its IPO filing as it warns that training delays could affect revenue and leave it behind rivals.

Congress seeks impartial probe into voter lists after errors appear in UP MLC polls; halt to SIR
Congress has raised concerns over discrepancies in the Uttar Pradesh voter list and demanded an impartial investigation. The party is calling for the resignation of Chief Election Commissioner Gyanesh Kumar due to alleged collusion with the BJP. Congress leaders have noted previous instances of vote record manipulations involving thousands of voters, particularly from specific communities.

Event data recorders may be mandatory for vehicles
By 2029, India's ministry of road transport and highways is looking to enforce the installation of event data recorders in vehicles to enhance safety and decrease road accident rates. Additionally, from 2030, passenger vehicles will be required to feature advanced emergency braking systems.

Swiggy’s Q2 report card; eMudhra to exit certificate biz
Swiggy continued on its growth trajectory while bringing down losses in Q2FY27. This and more in today’s ETtech Top 5.

Amagi Media Labs faces extortion attempt following alleged data theft; says services unaffected
Amagi Media Labs, a prominent tech firm in Bengaluru, reported an extortion attempt related to purported data theft. A hacker threatened to expose sensitive operational information unless a ransom was paid. The company is currently scrutinizing these allegations and collaborating with external cybersecurity experts. They assure that customer services remain unaffected, and additional security protocols have been established, anticipating no financial repercussions at this time.

Chinese-linked hackers compromise ConnectWise, target hundreds in global attack, Microsoft says
A Chinese-linked hacking group used an AI-driven penetration testing tool to compromise IT services firm ConnectWise as part of a campaign that targeted hundreds of organizations globally, Microsoft said on Wednesday.

Multiple websites go offline after critical PHP security flaw; FBI urges immediate updates. Here's what you should do
In light of critical vulnerabilities discovered in PHP, numerous websites have been taken offline. The FBI has strongly recommended that organizations either update their PHP installations or disconnect vulnerable systems. Cybersecurity experts warn that these flaws pose a significant risk of data theft and cyberattacks. In response, website administrators are implementing urgent maintenance. Users are encouraged to exercise caution and adhere to online safety protocols.

Giant 'heat storms' are scorching the Earth. This is the story of the biggest one on record
Heat storms have increased dramatically, causing severe global consequences including excess deaths and environmental catastrophes. Recent heat storms have been identified as a new classification, representing larger and more persistent heat events. The intensity of these heat storms has worsened due to climate change and greenhouse gas emissions. Associated weather patterns have significantly disrupted ecosystems and agriculture worldwide.

In Brazil, a stolen phone can cost more than money — and shape an election
Cellphone theft remains a significant concern for many Brazilians amid a decline in overall crime rates. In Sao Paulo, where phone thefts are highly prevalent, both presidential candidates are responding to public unease. President Luiz Inacio Lula da Silva has introduced increased penalties for phone theft, while challenger Flavio Bolsonaro has proposed stricter sentences. Affected individuals express feelings of vulnerability and stress after experiencing theft, further highlighting public safety issues.

SBI data breach claim: Hackers allegedly access 3.75 lakh accounts
"The threat actor describes this as the first disclosure of the dataset, Cyberpulse56 said, adding that the authenticity, origin and extent of the alleged exposure are inverified. If legitimate, the data could facilitate identity theft, financial fraud, targeted phishing and fraudulent loan applications, the group said.

How one hacker used AI agents and a few thousand dollars to break into scores of sites
A cybersecurity researcher observed a Chinese-speaking hacker employing AI to compromise various companies' websites. The hacker utilised an AI platform called Cairn, automating complex intrusion activities without human supervision. This hacking campaign targeted over 1,200 sites, with successful intrusions taking around 23 hours on average.

Phone stolen in metro crowd, Rs 57,000 lost within an hour; SIM card used to take money from bank accounts without unlocking the device
A phone worth Rs 60,000 was reportedly stolen in a metro crowd, followed by a loss of Rs 57,000 from a bank account within 45 minutes. A post on X describes how a stolen SIM could be misused for banking-related fraud. Here is how SIM PIN protection works and what users should do after losing a phone.

The Crypto devices built to foil hackers came with spies inside
In Malaysia, CryptoBilis faces an investigation after numerous customers experienced thefts from hardware wallets. Reports from Ledger SAS link these crimes to a group of criminals who modified the wallets. Victims' losses total over $90 million, raising red flags among cybersecurity experts who emphasize the vulnerabilities present in cold wallets meant for cryptocurrency storage. These events stress the critical need for improved safety mechanisms in the management of digital assets.

Why border security force SSB is asking soldiers to stay away from unknown calls, OTP requests
The Sashastra Seema Bal has issued a cyber security advisory warning personnel about online honey traps, fake identities, suspicious video calls and financial fraud. The force has outlined precautions for protecting personal information and banking details, urged personnel to avoid unknown APK downloads and advised victims to report cybercrime through helpline 1930 or the government's reporting portal.
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