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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...

Cybercriminals using phishing and malware campaigns to target job seekers: Report

The current economic climate globally is grim due to the ongoing recession, and taking advantage of this environment, cybercriminals are using phishing and malware campaigns to target job seekers in a bid to steal sensitive information, a new report said on Thursday. In phishing attacks, job seekers receive emails from fake companies or recruitment agencies, asking them to provide personal information or login credentials. These emails look legitimate but are designed to steal sensitive information such as passwords or financial information, according to research by cyber-security firm Trellix.

In malware campaigns, job seekers receive malicious attachments or URLs to websites that infect their devices with malware or download malicious software. The malware can then be used to steal sensitive data or gain unauthorised access to the job seeker’s device and the data stored on it, according to the report.

Moreover, the report said that the attackers are also targeting employers by posing as job seekers to exploit them by delivering malware through attachments or URLs that are disguised as resumes or identification documents of the applicant. This type of attack is becoming increasingly common as cybercriminals take advantage of the high volume of job applications that employers receive.

These attacks aim to gain unauthorised access to sensitive information, steal personal data, and disrupt the organisation’s operations. Further, the report has also observed attacks utilising fake or stolen documents, such as social security numbers and driver’s licenses, to make job-themed emails appear more legitimate.

Cybercriminals hope to increase the perceived credibility of the email by including fake or stolen documents, making it more likely that the recipient will fall for the scam. The researchers found that more than 70 per cent of all job-themed cyberattacks were targeted towards the US.

The attacks were also observed in other countries like Japan, Ireland, UK, Sweden, Peru, India, the Philippines, Germany, and more, even though the percentage of attacks towards other countries was significantly lower than in the US, the report mentioned.

 

–IANS

 

The post Cybercriminals using phishing and malware campaigns to target job seekers: Report appeared first on Techlusive.



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