cybercrime Current Affairs - 2020

What is Event Bolt Malware in news recently?

The Computer Emergency Response of Team (CERT) of India has issued warning against a new malware called “EventBot”. The malware according to CERT steals personal financial information from Android phone users.

Highlights

The Eventbolt malware that is spreading is a Trojan. It cheats victims secretly attacking computer or phone operating system. Currently, the malware is capable of targeting more than 200 different financial applications. The malware has already looted crypto currency wallets, bank accounts in Europe and US. It targets money-transfer services, financial applications.

Current Scenario

According to CERT, the malware has currently attacked financial applications such as Paypal, UniCredit, HSBC, Coinbase, TrasnferWise, etc.

CERT

Cert operates under Ministry of Electronics and Information Technology. It is the nodal agency in India that deals with hacking, cyber security threats, phishing, etc. CERT represents India at the Shanghai Cooperation Organization MoU signed by India. Around 7 countries signed this MoU. This includes Australia, Korea, Canada, Singapore, Malaysia, Japan, India and Uzbekistan.

Apart from International measures, CERT has been carrying out several initiatives within India. This mainly includes “Cyber Swachhta Kendra”

Cyber Swachhta Kendra

The Cyber Swachhta Kendra aims to create secure cyber space by detecting botnet infections within the country. It is operated by CERT according to the provision in Section 70B of Information Technology Act, 2000.

Safety of Zoom Application red flagged by Home Ministry

On April 16, 2020, the Cyber Coordination Centre (CyCord) operating under Ministry of Home Affairs red flagged Zoom application. The Home Ministry has issued guidelines to use the Zoom platform.

Highlights

The Home Ministry has red flagged the Zoom application citing Indian Computer Emergency Response Team (Cert-In). The guidelines have been issued to prevent an unauthorised entry into the Zoom Conferences and prevent malicious attack on other users.

Guidelines

The Home Ministry has stressed that the government officials should not use the application for official purposes. The main concern of the officials is that usage of the application has crossed 200 million since the lock down.

Cyber Coordination Centre

The Cycord was launched in 2018. It was launched as a one-stop platform for cyber related crimes such as finding solutions, experience sharing, research findings, finding solutions to deal with cybercrimes, etc.

What is Zoom Application?

Zoom Application is a web-based video conferencing tool that allows users to meet through video, voices.