Deepfake crackdown: Govt issues advisory to social media platforms to abide by IT rules

After legendary cricketer Sachin Tendulkar flagged his deepfake video doing the rounds, Union Minister Rajeev Chandrasekhar slammed deepfakes as a threat to the safety and trust of Indian users, saying the government will soon notify tighter rules under the IT Act to ensure compliance by platforms.

The Indian government stepped up its crackdown on offshore crypto exchanges operating without local registrations, asking Apple Inc. to take the apps of platforms including Binance off its App Store in the country. Bitfinex, HTX and Kucoin are among eight exchanges whose apps are no longer available on the App Store in India. They were removed on directions from the Ministry of Electronics and Information Technology, according to people with knowledge of the matter who asked not to be identified because the request isn't public. 

 A trade group representing TikTok, Snapchat, Meta and other major tech companies sued Ohio over a pending law that requires children to get parental consent to use social media apps. The law was part of an Ohio's law — which requires social media companies to obtain a parent's permission for children under 16 to sign up for social media and gaming apps — unconstitutionally impedes free speech and is overbroad and vague. The law also requires social media companies to provide parents with their privacy guidelines, so that families can know what content will be censored or moderated on their child's profile.

Artificial intelligence technology (AI) has grown by leaps and bounds in the last few months, but so has the number of miscreants using it to defraud people. One of the most prominent dangers emerged recently has been deepfake videos. For the unaware, deepfakes are AI-generated videos, images, and audio that are edited or manipulated to make anyone say or do anything that they did not do in real life. Deepfake videos are mostly being used by cybercriminals for illegal purposes. While nations are drafting and amending IT regulations to deal with this threat, malicious threat actors are all out to carry out these illicit activities, and deepfakes have now entered the crypto world too! Solana co-founder Anatoly Yakovenko recently became the latest victim of deepfakes in the crypto world. Know all about it.

Loot box researcher Leon Xiao has released the results of his latest study into loot box advertising, which found that ads for games on social media routinely run afoul of UK and EU regulations when it comes to disclosing the presence of loot boxes, or even in-game purchases of any kind.

The most recent tech revolution sparked by artificial intelligence has brought immense benefits, including freedom from repetitive, mind-numbing tasks. However, this new technology has also become a threat to humanity at large with many experts fearing an AI-generated apocalypse. Not just that, there are other dangers lurking. The reason behind that is the increasing use of AI by hackers and scammers to trick people and empty their bank accounts. Mikko Hypponen, a cybersecurity expert, who has been devoted to fighting scams and malware for years, has voiced serious concern over these AI threats. Check out the top 5 AI threats that we may encounter in the near future according to Hypponen.

Cinema or politics, chocolates or perfume... social media influencers cover it all and are set to spread their influence further and wider in 2024 with MNCs, movie stars and even politicians using them to reach target audiences, bypassing mainstream media and traditional marketing avenues.

From politics to films and even war, the year 2023 has demonstrated that not everything one sees or hears on the internet may be real.

Union Minister Rajeev Chandrasekhar has said that for a large, connected nation like India, deepfakes and misinformation represent a "very problematic issue" for conducting safe, free and fair elections.

In what may turn into a massive blow for cryptocurrency sector in India, Centre's Financial Intelligence Unit (FIU), which is under the Finance Ministry, has issued show cause notices to as many as 9 offshore cryptocurrency and virtual digital assets platforms, including Binance and Kucoin. The notifications were issued for non-compliance with anti-money laundering law.

Deepfakes have become a rising concern lately, with several eminent personalities including celebrities falling victim. There have been several instances where threat actors have even defrauded the victim by using deepfakes or fake voices. While the advancements in artificial intelligence (AI) have increased productivity and helped users in their day-to-day lives, the technology has also been misused to carry out such scams and identity theft. After holding dialogues with tech and social media companies, the Government of India has now issued an advisory to the platforms. Know all about it.

Nearly three years after rioters stormed the U.S. Capitol, the false election conspiracy theories that drove the violent attack remain prevalent on social media and cable news: suitcases filled with ballots, late-night ballot dumps, dead people voting.