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An Indian national on Monday was  sentenced to 20 years in prison  in the Southern District of Texas for operating and funding India-based call centers that defrauded US victims out of millions of dollars between 2013 and 2016. Hitesh Madhubhai Patel (aka Hitesh Hinglaj), who hails from the city of Ahmedabad, India, was sentenced in connection with charges of fraud and money laundering. He was also ordered to pay restitution of $8,970,396 to identified victims of his crimes. Earlier this January, Patel  pleaded guilty  to wire fraud conspiracy and general conspiracy to commit identification fraud, access device fraud, money laundering, and impersonation of a federal officer or employee. "The defendant defrauded vulnerable US victims out of tens of millions of dollars by spearheading a conspiracy whose members boldly impersonated federal government officials and preyed on victims' fears of adverse government action," said Acting Attorney General Brian C. Rabbitt of t

Do you always uncomfortable trusting companies with your data? If so, you're not alone. While companies do much to protect themselves from external threats, insiders always pose the highest risk to a company's data. Unfortunately, when we say companies can't eliminate insider threat completely, cybersecurity firms, who are meant to protect others, are not an exception. Cybersecurity firm Trend Micro has disclosed a security incident this week carried out by an employee who improperly accessed the personal data of thousands of its customers with a "clear criminal intent" and then sold it to a malicious third-party tech support scammers earlier this year. According to the security company, an estimated number of customers affected by the breach is 68,000, which is less than one percent of the company's 12 million customer base. Trend Micro first became aware of the incident in early August 2019 when it found that some of its consumer customers were r

The introduction of Open AI's ChatGPT was a defining moment for the software industry, touching off a GenAI race with its November 2022 release. SaaS vendors are now rushing to upgrade tools with enhanced productivity capabilities that are driven by generative AI. Among a wide range of uses, GenAI tools make it easier for developers to build software, assist sales teams in mundane email writing, help marketers produce unique content at low cost, and enable teams and creatives to brainstorm new ideas.  Recent significant GenAI product launches include Microsoft 365 Copilot, GitHub Copilot, and Salesforce Einstein GPT. Notably, these GenAI tools from leading SaaS providers are paid enhancements, a clear sign that no SaaS provider will want to miss out on cashing in on the GenAI transformation. Google will soon launch its SGE "Search Generative Experience" platform for premium AI-generated summaries rather than a list of websites.  At this pace, it's just a matter of a short time befo

A Russian hacker indicted by a United States court for his involvement in online ad fraud schemes that defrauded multiple American companies out of tens of millions of dollars pleaded not guilty on Friday in a courtroom in Brooklyn, New York. Aleksandr Zhukov , 38, was arrested in November last year by Bulgarian authorities after the U.S. issued an international warrant against him, and was extradited by Bulgaria to the United States on Thursday (January 18, 2019). He is currently in prison in Brooklyn. In November 2018, law enforcement and multiple security firms collaborated to shut down one of the largest digital ad-fraud schemes, which they dubbed 3ve , that infected over 1.7 million computers worldwide to generate fake clicks used to defraud digital advertisers for years and made tens of millions of dollars in revenue. Pronounced "Eve," the online ad-fraud campaign was believed to have been active since at least 2014, but its fraudulent activity grew last yea

Google, the FBI, ad-fraud fighting company WhiteOps and a collection of cyber security companies worked together to shut down one of the largest and most sophisticated digital ad-fraud schemes that infected over 1.7 million computers to generate fake clicks used to defraud online advertisers for years and made tens of millions of dollars in revenue. Dubbed 3ve (pronounced "Eve"), the online ad-fraud campaign is believed to have been active since at least 2014, but its fraudulent activity grew last year, turning it into a large-scale business and earning their operators more than $30 million in profit. Meanwhile, the United States Department of Justice (DoJ) also unsealed Tuesday a 13-count indictment against 8 people from Russia, Kazakhstan, and Ukraine who allegedly ran this massive online advertising scheme. The 3ve botnet scheme deployed different tactics, such as creating their own botnets, creating fake versions of both websites and visitors, selling fraudulent