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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
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FIFA 2022: Hackers selling fake permit documents, digital coins for FIFA World Cup

The FIFA World Cup is currently underway in Qatar, cyber-security researchers on Monday warned that threat actors are selling fake Hayya cards, which is essentially a permit document, to fans who are willing to pay any amount to get one. To attend the FIFA World Cup, one needs to have a Hayya card which must be presented along with the original ticket in order to enter the stadium.

According to researchers from AI-driven cyber-security firm CloudSEK, several Telegram channels were found selling Hayya cards for prices ranging from $50-$150. “To create Hayya cards, the threat actors claim to require the buyer’s valid IDs like passports. And payment is only accepted in Bitcoin,” they informed.

Threat actors are also sharing hacking techniques that purportedly allow one to register for a Hayya card without a valid FIFA ticket number, for free. “Given that Crypto.com is an official FIFA sponsor and Binance has partnered with Christiano Ronaldo to promote soccer-themed non-fungible tokens (NFTs), threat actors are piggy-backing on this hype to sell fake ‘World Cup Coin’ and ‘World Cup Token’ by promoting them as limited edition cryptocurrency,” the researchers said.

However, most of these purported coins don’t exist. Also, to exploit the gap between the supply and demand of tickets, scammers have set up websites that sell fake tickets. “The gap between the supply and demand of FIFA world cup game tickets, flight tickets, hotels, souvenirs, etc., has been co-opted by cybercriminals, to defraud fans and enthusiasts,” said a CloudSEK researcher.

Despite the attractive offers and lures, users should restrict their purchases to official websites and mobile apps. “Companies that are FIFA sponsors should bolster their security mechanisms and stay up to date on threat actors’ tactics and techniques,” the CloudSEK researcher emphasised.

Buy FIFA tickets and Hayya cards only from the official website and don’t avail FIFA-related services from Telegram or social media, the researchers advised.

 

IANS

The post FIFA 2022: Hackers selling fake permit documents, digital coins for FIFA World Cup appeared first on BGR India.



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