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Time of India
a day ago
- Time of India
UK hails 'groundbreaking collaboration' with CBI to bust Noida fraud call centre
By Aditi Khanna The UK's National Crime Agency (NCA) on Friday revealed details of a "groundbreaking collaboration" with the Central Bureau of Investigation (CBI) alongside American teams to bust a fraud call centre scam operating from Noida and involving several victims in Britain. The NCA said the international investigation commenced early last year after its International Liaison Officers in the US received information from tech giant Microsoft, which was then compared with City of London Police's Action Fraud Reports. The NCA officers and the US Federal Bureau of Investigation (FBI) Attache in Delhi shared their intelligence with the CBI, leading to "urgent action" and the arrest of two individuals. "The activity followed 18 months of groundbreaking collaboration between the CBI, NCA, the FBI and Microsoft - who worked together to identify the organised crime group, analyse data and target complex IT infrastructure used by fraudsters," the NCA said in a statement. "Victims in the UK alone are believed to have lost over GBP 390,000... More than 100 UK victims had been contacted by a group offering to fix their computers for a fee, following a screen pop up that suggested their device was infected or had been hacked. In reality, the fraudsters were posing as employees of Microsoft, offering software solutions to an attack that had never taken place," it stated. After the NCA identified that the same call centre was targeting US citizens, a partnership was agreed to share intelligence and information. It emerged that the criminals behind the scam used a wide range of tactics to try and disguise their identity - spoofed phone numbers or Voice Over Internet Protocol to route calls through multiple servers in several countries. "This case demonstrates the success we can have when we harness expertise from across the public and private sectors, and work hand in hand with partners abroad to target fraudsters, wherever they are," said Nick Sharp, Deputy Director of the National Economic Crime Centre (NECC). "It is an outstanding example of the value of the operational arrangement reached between the UK and the US last year specifically to tackle call centre fraud ," he said. The NCA, FBI and Microsoft went on to identify a number of key suspects based in India and compiled a file of evidence that included testimonies from victims, supported by the City of London Police. Earlier this year during an NCA visit to India, the CBI was briefed as part of efforts to enhance ongoing work to tackle the global threat from fraud. The NCA reiterated it will continue to support the CBI to ensure justice for UK victims. "Public-private partnerships are crucial to tackling tech support fraud as law enforcement and tech companies see different aspects of the cybercrime ecosystem. By joining forces and sharing our insights, we're able to more effectively dismantle fraudulent networks and protect vulnerable populations," said Steven Masada, Assistant General Counsel for Microsoft's Digital Crimes Unit. Tor Garnett, Commander for Cyber and Economic Crime at the City of London Police, said the force was committed to continuing joint efforts to ensure fraud criminals are brought to justice. "As the national lead force for fraud, we know that combating this type of crime requires a truly collaborative approach. This operation demonstrates the strength of our partnerships - not just across UK law enforcement, but internationally and with private sector organisations," said Garnett. UK Fraud Minister Lord David Hanson said: "As we've seen in this case, tackling fraud needs global action, and that's why international cooperation such as the new UNODC-INTERPOL Global Fraud Summit, is an important way to share knowledge and catch these criminals." "I would like to express my gratitude to US and Indian partners for their collaboration in this operation," he added. PTI
Time of India
2 days ago
- Business
- Time of India
UK hails 'groundbreaking collaboration' with CBI to bust Noida fraud call centre
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The UK's National Crime Agency (NCA) on Friday revealed details of a "groundbreaking collaboration" with the Central Bureau of Investigation (CBI) alongside American teams to bust a fraud call centre scam operating from Noida and involving several victims in NCA said the international investigation commenced early last year after its International Liaison Officers in the US received information from tech giant Microsoft, which was then compared with City of London Police's Action Fraud NCA officers and the US Federal Bureau of Investigation (FBI) Attache in Delhi shared their intelligence with the CBI, leading to "urgent action" and the arrest of two individuals."The activity followed 18 months of groundbreaking collaboration between the CBI, NCA, the FBI and Microsoft - who worked together to identify the organised crime group, analyse data and target complex IT infrastructure used by fraudsters," the NCA said in a statement."Victims in the UK alone are believed to have lost over GBP 390,000... More than 100 UK victims had been contacted by a group offering to fix their computers for a fee, following a screen pop up that suggested their device was infected or had been hacked. In reality, the fraudsters were posing as employees of Microsoft, offering software solutions to an attack that had never taken place," it the NCA identified that the same call centre was targeting US citizens, a partnership was agreed to share intelligence and emerged that the criminals behind the scam used a wide range of tactics to try and disguise their identity - spoofed phone numbers or Voice Over Internet Protocol to route calls through multiple servers in several countries."This case demonstrates the success we can have when we harness expertise from across the public and private sectors, and work hand in hand with partners abroad to target fraudsters, wherever they are," said Nick Sharp, Deputy Director of the National Economic Crime Centre (NECC)."It is an outstanding example of the value of the operational arrangement reached between the UK and the US last year specifically to tackle call centre fraud," he NCA, FBI and Microsoft went on to identify a number of key suspects based in India and compiled a file of evidence that included testimonies from victims, supported by the City of London this year during an NCA visit to India, the CBI was briefed as part of efforts to enhance ongoing work to tackle the global threat from fraud. The NCA reiterated it will continue to support the CBI to ensure justice for UK victims."Public-private partnerships are crucial to tackling tech support fraud as law enforcement and tech companies see different aspects of the cybercrime ecosystem. By joining forces and sharing our insights, we're able to more effectively dismantle fraudulent networks and protect vulnerable populations," said Steven Masada, Assistant General Counsel for Microsoft's Digital Crimes Garnett, Commander for Cyber and Economic Crime at the City of London Police, said the force was committed to continuing joint efforts to ensure fraud criminals are brought to justice."As the national lead force for fraud, we know that combating this type of crime requires a truly collaborative approach. This operation demonstrates the strength of our partnerships - not just across UK law enforcement, but internationally and with private sector organisations," said Fraud Minister Lord David Hanson said: "As we've seen in this case, tackling fraud needs global action, and that's why international cooperation such as the new UNODC-INTERPOL Global Fraud Summit, is an important way to share knowledge and catch these criminals.""I would like to express my gratitude to US and Indian partners for their collaboration in this operation," he added. PTI
Yahoo
11-06-2025
- Business
- Yahoo
Zacks Industry Outlook Highlights A10 Networks and Ondas
Chicago, IL – June 11, 2025 – Today, Zacks Equity Research discusses A10 Networks ATEN and Ondas ONDS. Link: The Zacks Communication-Network Software industry players like A10 Networks and Ondas are gaining from the ongoing digitalization efforts, including a shift to cloud computing and the rapid deployment of 5G-based networks. The strong demand for network security benefits industry participants, as a secure environment is required to run cloud-based applications. Industry players are leveraging artificial intelligence (AI) and machine learning to develop security solutions, thereby providing better threat protection systems. However, the industry players are suffering from challenging macroeconomic conditions and persistent inflation. Small and medium businesses have deferred capital spending on infrastructure buildout due to higher interest rates and inflation, which does not bode well for industry players. The Zacks Communication-Network Software industry comprises companies that provide software solutions supporting cloud, on-premise and hybrid environments, communication technology solutions, including broadband and Voice Over Internet Protocol, digital communication services delivered as software-as-a-service and telecom solutions, supporting the proliferation and the deployment of 5G and 6G networks of the future. There are a few companies that offer solutions based on the Open Radio Access Network standard. Others offer wireless connectivity solutions for mission-critical Industrial Internet applications and services. Solutions from these companies support a variety of industries, including telecommunications, technology, industrial, government, retail, financial, gaming and education. : Rapid digitalization, driven by the disruption caused by the pandemic, has increased the demand for cloud-based applications, virtualized software and container-based software. Applications are being developed in the cloud, which is creating opportunities and, at the same time, challenges for industry participants in terms of performance and security. Rising cyberattacks, including Distributed Denial of Service attacks and attacks using malware through Transport Layer Security and Secure Sockets Layer protocols, are redefining the cyber threat landscape. Enterprises are spending more on cloud-based security solutions. Moreover, the software-defined approach is increasingly preferred over legacy hardware-centric models due to the need for agility. : The ongoing rapid transition to the cloud has increased the importance of automation tools. Enterprises are adopting automated tools to deploy and operate security and application services. This is improving performance monitoring and detection, reporting security anomalies and reducing overall costs. : Industry participants are benefiting from a continued rise in demand for data-intensive bandwidth and the need for reduced latency associated with smartphones, tablets and machine-to-machine communication. The proliferation of data centers, big data, cloud-based services, streaming media content and IoT are key catalysts. The rapid deployment of 5G networks is creating a massive growth opportunity for telecom providers who are using solutions provided by industry participants. The Zacks Communication-Network Software industry is housed within the broader Zacks Computer And Technology sector. It carries a Zacks Industry Rank #93, which places it in the top 38% of more than 250 Zacks industries. The group's Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates bright near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one. Given the bullish prospects, there are a handful of stocks worth watching in this prospering industry. But, before we present these stocks, it is worth looking at the industry's shareholder returns and current valuation first. The Zacks Communication-Network Software industry has outperformed the Zacks S&P 500 composite and its sector in the past year. The industry has appreciated 23% over this period compared with the Zacks Computer and Technology sector's return of 10.6% and the S&P 500's appreciation of 11.6%. On the basis of trailing 12-month EV/Sales, a commonly used multiple for valuing network software companies, we see that the industry is currently trading at 2.68X compared with the S&P 500's 5.19X and the sector's 7.08X. Over the past five years, the industry has traded as high as 2.83X and as low as 2.35X, with the median being 2.7X. A10 Networks: This Zacks Rank #2 (Buy) company is a leading provider of security and infrastructure solutions for on-premises, hybrid cloud, and edge-cloud environments. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. A10 Networks is benefiting from strong demand for its solutions from AI-related data centers. ATEN's solutions offer industry-leading efficiency in terms of throughput and low latency, along with integrated security capabilities. A10 Networks' initiatives to develop solutions for Bot Protection, DDoS mitigation and technologies designed specifically for GPU-based AI infrastructure are noteworthy. ATEN's 2025 prospects are expected to be driven by strong security revenue growth. San Jose, CA-based A10 Networks' shares have declined 0.3% year to date. The Zacks Consensus Estimate for ATEN's 2025 earnings has been steady at 88 cents per share in the past 30 days. Ondas: This Zacks Rank #3 (Hold) company is a provider of private wireless, drone, and automated data solutions. Ondas Networks provides wireless connectivity solutions enabling mission-critical Industrial Internet applications and services. Ondas Autonomous Systems' business unit develops and integrates drone-based solutions focusing on high-performance critical applications for government and Tier-1 commercial enterprises. The company is benefiting from strong demand for its Autonomous Drone platforms. At the end of the first quarter of 2025, order backlog was $16.8 million. Based on strong demand for both Iron Drone and Optimus Ondas expects orders to grow with revenues of at least $25 million for 2025. Shares of Boston, MA-based Ondas have declined 34.4% year to date. The Zacks Consensus Estimate for Ondas' 2025 loss has narrowed by a penny to 39 cents per share over the past 30 days. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Join us on Facebook: Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report A10 Networks, Inc. (ATEN) : Free Stock Analysis Report Ondas Holdings Inc. (ONDS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
11-06-2025
- Business
- Yahoo
2 Network Software Stocks to Watch From a Prospering Industry
The Zacks Communication-Network Software industry players like A10 Networks ATEN and Ondas ONDS are gaining from the ongoing digitalization efforts, including a shift to cloud computing and the rapid deployment of 5G-based networks. The strong demand for network security benefits industry participants, as a secure environment is required to run cloud-based applications. Industry players are leveraging artificial intelligence (AI) and machine learning to develop security solutions, thereby providing better threat protection systems. However, the industry players are suffering from challenging macroeconomic conditions and persistent inflation. Small and medium businesses have deferred capital spending on infrastructure buildout due to higher interest rates and inflation, which does not bode well for industry players. Industry Description The Zacks Communication-Network Software industry comprises companies that provide software solutions supporting cloud, on-premise and hybrid environments, communication technology solutions, including broadband and Voice Over Internet Protocol, digital communication services delivered as software-as-a-service and telecom solutions, supporting the proliferation and the deployment of 5G and 6G networks of the future. There are a few companies that offer solutions based on the Open Radio Access Network standard. Others offer wireless connectivity solutions for mission-critical Industrial Internet applications and services. Solutions from these companies support a variety of industries, including telecommunications, technology, industrial, government, retail, financial, gaming and education. 3 Trends Shaping the Future of the Communication-Network Software Industry Increased Adoption of Cloud-based Solutions: Rapid digitalization, driven by the disruption caused by the pandemic, has increased the demand for cloud-based applications, virtualized software and container-based software. Applications are being developed in the cloud, which is creating opportunities and, at the same time, challenges for industry participants in terms of performance and security. Rising cyberattacks, including Distributed Denial of Service attacks and attacks using malware through Transport Layer Security and Secure Sockets Layer protocols, are redefining the cyber threat landscape. Enterprises are spending more on cloud-based security solutions. Moreover, the software-defined approach is increasingly preferred over legacy hardware-centric models due to the need for agility. Growing Importance of Automation Tools: The ongoing rapid transition to the cloud has increased the importance of automation tools. Enterprises are adopting automated tools to deploy and operate security and application services. This is improving performance monitoring and detection, reporting security anomalies and reducing overall costs. Rapid Evolution of 5G and 6G Networks: Industry participants are benefiting from a continued rise in demand for data-intensive bandwidth and the need for reduced latency associated with smartphones, tablets and machine-to-machine communication. The proliferation of data centers, big data, cloud-based services, streaming media content and IoT are key catalysts. The rapid deployment of 5G networks is creating a massive growth opportunity for telecom providers who are using solutions provided by industry participants. Zacks Industry Rank Indicates Bright Prospects The Zacks Communication-Network Software industry is housed within the broader Zacks Computer And Technology sector. It carries a Zacks Industry Rank #93, which places it in the top 38% of more than 250 Zacks group's Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates bright near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one. Given the bullish prospects, there are a handful of stocks worth watching in this prospering industry. But, before we present these stocks, it is worth looking at the industry's shareholder returns and current valuation first. Industry Outperforms Sector and S&P 500 The Zacks Communication-Network Software industry has outperformed the Zacks S&P 500 composite and its sector in the past industry has appreciated 23% over this period compared with the Zacks Computer and Technology sector's return of 10.6% and the S&P 500's appreciation of 11.6%. Industry's Current Valuation On the basis of trailing 12-month EV/Sales, a commonly used multiple for valuing network software companies, we see that the industry is currently trading at 2.68X compared with the S&P 500's 5.19X and the sector's the past five years, the industry has traded as high as 2.83X and as low as 2.35X, with the median being 2.7X, as the charts below show. 2 Stocks to Watch Right Now A10 Networks: This Zacks Rank #2 (Buy) company is a leading provider of security and infrastructure solutions for on-premises, hybrid cloud, and edge-cloud environments. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. A10 Networks is benefiting from strong demand for its solutions from AI-related data centers. ATEN's solutions offer industry-leading efficiency in terms of throughput and low latency, along with integrated security capabilities. A10 Networks' initiatives to develop solutions for Bot Protection, DDoS mitigation and technologies designed specifically for GPU-based AI infrastructure are noteworthy. ATEN's 2025 prospects are expected to be driven by strong security revenue Jose, CA-based A10 Networks' shares have declined 0.3% year to date. The Zacks Consensus Estimate for ATEN's 2025 earnings has been steady at 88 cents per share in the past 30 days. Ondas: This Zacks Rank #3 (Hold) company is a provider of private wireless, drone, and automated data solutions. Ondas Networks provides wireless connectivity solutions enabling mission-critical Industrial Internet applications and services. Ondas Autonomous Systems' business unit develops and integrates drone-based solutions focusing on high-performance critical applications for government and Tier-1 commercial company is benefiting from strong demand for its Autonomous Drone platforms. At the end of the first quarter of 2025, order backlog was $16.8 million. Based on strong demand for both Iron Drone and Optimus Ondas expects orders to grow with revenues of at least $25 million for of Boston, MA-based Ondas have declined 34.4% year to date. The Zacks Consensus Estimate for Ondas' 2025 loss has narrowed by a penny to 39 cents per share over the past 30 days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report A10 Networks, Inc. (ATEN) : Free Stock Analysis Report Ondas Holdings Inc. (ONDS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Time of India
01-06-2025
- Time of India
Amid strict surveillance joint UP BEd exam held in Jhansi
Jhansi: Around 89% students appeared for the joint UP examination held across 751 examination centres in 69 districts of the state on Sunday. The exam was conducted under strict surveillance, with only minor discrepancies reported from a few centres. O rganised in two sessions, the examination was successfully conducted for the third consecutive time by Bundelkhand University. The first session, covering general knowledge and language (English/Hindi), saw participation of 3,05,331 out of 3,44,546 registered candidates. Amethi and Balrampur recorded the highest attendance at 93%, while Bijnor posted the lowest at 82%, with Jhansi's attendance at 85%. The second session included the aptitude test and subject proficiency test in arts, science, commerce, and agriculture streams. The examination monitoring was stringent, both at the centres and at the Integrated Command Control Centre (ICCC) at Bundelkhand University. The ICCC, equipped with state-of-the-art technology and artificial intelligence, monitored all 751 centres using 12,000 cameras (15 per centre) supported by AI. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Esta nueva alarma con cámara es casi regalada en Merlo (ver precio) Verisure Undo Additionally, 3,600 biometric machines were installed. Artificial intelligence and Real Time Biometric Attendance System facilitated candidate identification with face recognition and fingerprint attendance. All centres operated on a VoIP (Voice Over Internet Protocol) system, enabling secure communication between the organising university and centres. Unauthorised candidates were identified through biometric fingerprint scanning and AI-based facial recognition of Bundelkhand University Prof Mukesh Pandey, who ensured the preparedness for the entrance examination, said, "We used all possible modern technology for the smooth examination while also ensuring that no malpractices were done." Senior organising committee member DK Bhatt said that the first meeting revealed discrepancies in photo matching. In most cases, a single candidate submitted two or more applications, while in some instances, different candidates had the same photo on their applications. Upon investigation, these were found to be photo upload errors, with the actual candidates being genuine. In Ayodhya, a candidate was caught impersonating another and booked immediately. In Ballia, a candidate required to bring additional documents for the second session due to data mismatch did not appear; her case was referred to the Unfair Means Committee. During the first session, at 11.30 am, a student named Pooja Kumari was caught with a mobile phone at a Meerut centre, indicating an attempt at unfair means. The centre superintendent subsequently filed a complaint with the relevant police station according to the rules.
