Tag: Cyber Fraud
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
₹3 Cr Scam: Fake Trading Apps Busted in Navi Mumbai
The Navi Mumbai Cyber Police have arrested two individuals for their role in a sophisticated ₹3 crore online trading scam that defrauded victims through...
Retired Banker Loses ₹4.75 Cr in Forex Scam
In one of the most high-value cyber frauds reported in Ludhiana this year, a retired banker was defrauded of ₹4.75 crore in a sophisticated...
Apple Blocks ₹77,000 Cr Fraud with App Store Defenses
Apple’s latest App Store Fraud Analysis Report reveals that the tech giant prevented nearly ₹77,000 crore (around $9 billion) in fraudulent transactions over the...
DoT Launches FRI to Flag Fraud-Prone Mobile Numbers
The Department of Telecommunications (DoT) has introduced a new analytical tool—Financial Fraud Risk Indicator (FRI)—to strengthen cyber fraud prevention across India’s financial ecosystem. Developed...
