US, India agree to enhance cooperation in combating looming cyber crime threats: Report

In a key development, United States and India have agreed to enhance ir cooperation in field of combating cybercrime, telemarketing fraud and consumer protection as online security takes global centre stage. On Thursday, Consumer Protection Division of US Justice Department (DoJ) released a statement laying bare need to urgently tackle technology-based crimes through faster information and evidence sharing. Providing a thrust to aim, Washington announced that it will bolster its ‘law enforcement co-operation' with New Delhi.

Notably, announcement come days after Deputy Assistant Attorney General of DoJ (Consumer Protection Department) met with FBI and CBI officials in New Delhi. During meeting, officials discussed “means for combating emerging crime trends, including fighting rising telemarketing fraud”, as per a release by DoJ. It is worth mentioning that cybercrimes in India hit a new high in 2020, marking an increase of 11. 8%, as per a report by Crime in India 2020.  

“In ir meetings, parties affirmed ir shared commitment to strengn cooperation in combating crime, specifically with respect to efforts to investigate and prosecute cyber-enabled financial frauds and global telemarketing frauds, including international robocalls and communications.

Yet anor ransomware attack strikes US 

America’s one of largest candy corn makers Ferrara Candy Co. that makes Halloween treat staples has been hit by a ransomware attack that has now impacted its daily operations. Many of systems across company’s facilities suffered a shutdown earlier yesterday whilst Halloween is around corner. waxy, tri-coloured confectionary is one of many leing food giants that has been latest victim in a series of ransomware attacks that have hit food corporations in United States in recent months.

US to hold meet on tackling ransomware attacks

United States’ top national security visers plan to convene a virtual meeting with leing global executives and officials from at least 30 countries to tackle growing threat of ransomware and or cybercrime posed by extortionist hackers, White House h said earlier this month. "President Biden will bring toger 30 countries at a 'Counter-Ransomware Initiative' to accelerate our cooperation in combatting cybercrime, improving law enforcement collaboration, stemming illicit use of cryptocurrency, and engaging on se issues," agencies, citing a White House statement, reported on October 1.  White House also informed that Biden-ministration "will be marshalling a whole-of-nation effort to confront cyber threats." 

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