Deepfakes are artificial intelligence (AI) technology that employs deep learning to generate realistic-looking but phoney films or images. Algorithms use large volumes of data to analyse and discover patterns in order to provide compelling and realistic results. Deepfakes use this technology to modify movies or photos to make them appear as if they involve events or persons that never happened or existed.The procedure begins with gathering large volumes of visual and auditory data about the target individual, which is usually obtained from publicly accessible sources such as social media or public appearances. This data is then utilised for training a deep-learning model to resemble the target of deep fakes.
Recent Cases of Deepfakes-
In an unusual turn of events, a man from northern China became the victim of a sophisticated deep fake technology. This incident has heightened concerns about using artificial intelligence (AI) tools to aid financial crimes, putting authorities and the general public on high alert. During a video conversation, a scammer successfully impersonated the victim’s close friend using AI-powered face-swapping technology. The scammer duped the unwary victim into transferring 4.3 million yuan (nearly Rs 5 crore). The fraud occurred in Baotou, China.
AI ‘deep fakes’ of innocent images fuel spike in sextortion scams Artificial intelligence-generated “deepfakes” are fuelling sextortion frauds like a dry brush in a raging wildfire. According to the FBI, the number of nationally reported sextortion instances came to 322% between February 2022 and February 2023, with a notable spike since April due to AI-doctored photographs. And as per the FBI, innocent photographs or videos posted on social media or sent in communications can be distorted into sexually explicit, AI-generated visuals that are “true-to-life” and practically hard to distinguish. According to the FBI, predators often located in other countries use doctored AI photographs against juveniles to compel money from them or their families or to obtain actual sexually graphic images.
Deepfake Applications
Lensa AI.
Deepfakes Web.
Reface.
MyHeritage.
DeepFaceLab.
Deep Art.
Face Swap Live.
FaceApp.
Deepfake examples
There are numerous high-profile Deepfake examples available. Deepfake films include one released by actor Jordan Peele, who used actual footage of Barack Obama and his own imitation of Obama to convey a warning about Deepfake videos. A video shows Facebook CEO Mark Zuckerberg discussing how Facebook ‘controls the future’ with stolen user data, most notably on Instagram. The original video is from a speech he delivered on Russian election meddling; only 21 seconds of that address were used to create the new version. However, the vocal impersonation fell short of Jordan Peele’s Obama and revealed the truth.
The dark side of AI-Generated Misinformation
Misinformation generated by AI-generated the truth, making it difficult to distinguish fact from fiction.
People can unmask AI content by looking for discrepancies and lacking the human touch.
AI content detection technologies can detect and neutralise disinformation, preventing it from spreading.
Safeguards against Deepfakes-
Technology is not the only way to guard against Deepfake videos. Good fundamental security methods are incredibly effective for combating Deepfake.For example, incorporating automatic checks into any mechanism for disbursing payments might have prevented numerous Deepfake and related frauds. You might also:
Regular backups safeguard your data from ransomware and allow you to restore damaged data.
Using different, strong passwords for different accounts ensures that just because one network or service has been compromised, it does not imply that others have been compromised as well. You do not want someone to be able to access your other accounts if they get into your Facebook account.
To secure your home network, laptop, and smartphone against cyber dangers, use a good security package such as Kaspersky Total Security. This bundle includes anti-virus software, a VPN to prevent compromised Wi-Fi connections, and webcam security.
What is the future of Deepfake –
Deepfake is constantly growing. Deepfake films were easy to spot two years ago because of the clumsy movement and the fact that the simulated figure never looked to blink. However, the most recent generation of bogus videos has evolved and adapted. There are currently approximately 15,000 Deepfake videos available online. Some are just for fun, while others attempt to sway your opinion. But now that it only takes a day or two to make a new Deepfake, that number could rise rapidly.
Conclusion-
The distinction between authentic and fake content will undoubtedly become more challenging to identify as technology advances. As a result, experts feel it should not be up to individuals to discover deep fakes in the wild. “The responsibility should be on the developers, toolmakers, and tech companies to create invisible watermarks and signal what the source of that image is,” they stated. Several startups are also working on approaches for detecting deep fakes.
With improved capabilities and evasion strategies, the Vultur banking Trojan has reappeared and is a serious danger to Android users. The virus now employs numerous encrypted payloads, encrypted communication, and poses as legitimate apps. It is transmitted by trojanized dropper programs on the Google Play Store. Vultur targets victims via phone calls and SMS messages. With the help of this updated version of Vultur, attackers may take total control of compromised devices. They can perform a variety of remote control operations like install, remove, upload, and download files, halt the execution of programs, and circumvent the lock screen. The virus is now far more hazardous than it was previously because of its improved capacity to remotely access and manipulate machines.
Overview:
The Android banking malware Vultur is well-known for its ability to record screens. It was first identified by ThreatFabric in March 2021 and targets banking apps for remote control and keylogging.
The malicious apps were hosted on the Google Play Store by the Brunhilda dropper-framework, which was used for its distribution. Initial versions of the program used reputable remote access tools such as ngrok and AlphaVNC.
Hybrid attacks have been used in recent operations to disseminate the Brunhilda dropper via phone calls and SMS. The dropper uses a number of payloads to distribute an upgraded version of Vultur.
41 new Firebase Cloud Messaging (FCM) commands and seven new Command-and-Control (C2) methods are included in the most recent version of Vultur.
With the help of Android's Accessibility Services, these enhancements concentrate on remote access functionality that improves the malware's capacity to communicate with the victim's screen.
Modus operandi of Attack:
Hybrid Attack Method:
Utilizes a phone call, two SMS messages, and trick users into installing malware.
First SMS tricks victims into calling a certain number by claiming to have made significant, unlawful transactions, which gives the impression of urgency.
Although there was no transaction in reality, the urgency motivates victims to act quickly.
Trozonized MacAfee App:
The victims are told to install a trojanized version of the McAfee Security program from a given link during the phone call.
This app looks harmless and has features similar to the original McAfee Security app, but it's actually the Brunhilda dropper.
The victims are misled into assuming that the security software they are installing is authentic.
Execution of Vultur Payloads:
Three payloads connected to Vultur are decrypted and executed via the Brunhilda dropper.
Threat actors can carry out a variety of malicious operations, including keylogging and screen recording, on the victim's mobile device thanks to these payloads, which grant them total access over it.
The infected device of the victim allows the threat actors to launch additional assaults or obtain private data.
Indication of the attack:
The symptoms of a Vultur banking Trojan infection include:
Remote Access: This malware gives the hacker the ability to remotely use the infected device via clicking, scrolling, and swiping through Android's accessibility services.
File Management: Through this, the malware is able to copy, share, remove, create, and locate files from devices it has infected.
App Blocking: For instance; the malicious software can be programmed to stop the victims from opening a certain bunch of apps.
Custom Notifications: Attackers can embed the malware with the functionality of displaying the customized notifications in the taskbar.
Keyguard Disabling: The malware may be designed to turn off Screen Lock Guard feature so the lock screen security measure can be easily bypassed.
Encrypted C2 Communication: The malware chooses AES data encryption, with Base64 text encoding to provide hidden traces for C2 communication.
Payload Decryption: The malware uses native code, mostly written in C as well as C++, to decode the goods, thus, making a process of reversing more complicated.
Spying on Financial Apps: The malware uses screen-streaming and keylogging as ways of acquiring facts about the victim’s mobile banking applications.
Steps to be taken when your device is compromised?.
Change the password: Vultur revealed multiple cases where threat actors can gain access to your financial and private information. To safeguard your account, reset passwords on other devices and create secure, unique passwords during the time. Instead of simply storing your password, a reputed password manager is the most secure way of storing information.
Keep an eye on your transactions and accounts: It is advised that you regularly monitor your online accounts for any unusual or illegal activity. Keep a watch out for any irregularities, and report anything suspicious to the provider or authorities straight immediately.. Also check your credit reports and scores attentively to make sure that your identity or cards are not compromised.
Make sure you are using identity theft protection: Many pieces of information about your identity are stored in an Android device. Cyber criminals can easily get hold of this data and make major damage to you, including stealing your money and identity. For your own protection, some of the identity theft protection services that monitor all your personal information and notify you on any unusual activity and, as well, helps you to freeze your accounts would be beneficial.
Immediately get in touch with your banks and credit card companies: Your personal information such as credit card or bank details is of high risk to be exposed to hackers who could use them to make transactions without you knowing. You should inform your credit card and the lending bank about the situation as soon as possible. They would help you if your cards were used for fraudulent charges and your card be either frozen or canceled. Besides, they can get new cards issued.
Make your contacts alert regarding the fraud you faced: Threat actors may access your social media or email accounts to send phishing messages or spam to people in your contact list, if they gain access to them. Moreover, they may masquerade as you and try to extort cash from you or disclose your personal information. Distributing a message to your contacts stating that they shouldn’t open or reply to any messages that look like they are not from you and look very strange or suspicious, will be a great idea.
Make a backup and wipe all your device content in factory settings: You can always factory reset your device to ensure it is free of viruses and spyware. In other words, it will refresh Android and leave behind all your data and settings. Back up all the critical data prior to processing it and assure that everything is restored from a trustworthy source only.
Preventive measures to be taken:
Avoid calling back to the hacker: If a hacker texts you claiming to have approved a sizable bank transaction, refrain from picking up the phone. You can always check by making a call to your own financial intuition. However, never pick up on an unknown number that someone else sends you.
Avoid sideloading apps and shortened URLs: Try to avoid sideloading apps. That's the moment when you install apps from unofficial sources. Users may be tricked into downloading malware using short URLs.
Be careful granting permissions: Be cautious when allowing permissions for apps. Think about whether an app really needs access to specific data or device functions.
Limit the apps you have on your phone: On your phone, having plenty of apps might sometimes make it easier to become infected with malware. Over time, these apps may allow harmful code to enter your system, and the more programs you have to update and monitor, the greater the risk to your Android device. This is how to remove pointless apps from your Android device.
Download apps from reputable sources: Additionally, make sure the programs you download are from reputable and authorized developers. Do your homework and read reviews before you install.
Keep your Android device updated: With the help of software and security upgrades, your phone can automatically maintain security. Remember to install them.
Have good antivirus software on all your devices: The best defense against malware on all of your devices is to install antivirus software. By blocking you from clicking on potentially dangerous links, antivirus software can keep malware off your devices and keep hackers from accessing your personal data.
Conclusion:
Vultur is a terrifying banking Trojan with a great deal of sophistication. It's unsettling that hackers can take complete control of your Android device, which emphasizes how crucial it is that you take precautions. It all starts with a text message in these attacks. You must take the time to independently contact your banking institution to check whether there are any issues. You may prevent having your entire device compromised and your personal information exposed by simply investing an additional few minutes.
This report is based on extensive research conducted by CyberPeace Research using publicly available information, and advanced analytical techniques. The findings, interpretations, and conclusions presented are based on the data available at the time of study and aim to provide insights into global ransomware trends.
The statistics mentioned in this report are specific to the scope of this research and may vary based on the scope and resources of other third-party studies. Additionally, all data referenced is based on claims made by threat actors and does not imply confirmation of the breach by CyberPeace. CyberPeace includes this detail solely to provide factual transparency and does not condone any unlawful activities. This information is shared only for research purposes and to spread awareness. CyberPeace encourages individuals and organizations to adopt proactive cybersecurity measures to protect against potential threats.
CyberPeace Research does not claim to have identified or attributed specific cyber incidents to any individual, organization, or nation-state beyond the scope of publicly observable activities and available information. All analyses and references are intended for informational and awareness purposes only, without any intention to defame, accuse, or harm any entity.
While every effort has been made to ensure accuracy, CyberPeace Research is not liable for any errors, omissions, subsequent interpretations and any unlawful activities of the findings by third parties. The report is intended to inform and support cybersecurity efforts globally and should be used as a guide to foster proactive measures against cyber threats.
Executive Summary:
The 2024 ransomware landscape reveals alarming global trends, with 166 Threat Actor Groups leveraging 658 servers/underground resources and mirrors to execute 5,233 claims across 153 countries. Monthly fluctuations in activity indicate strategic, cyclical targeting, with peak periods aligned with vulnerabilities in specific sectors and regions. The United States was the most targeted nation, followed by Canada, the UK, Germany, and other developed countries, with the northwestern hemisphere experiencing the highest concentration of attacks. Business Services and Healthcare bore the brunt of these operations due to their high-value data, alongside targeted industries such as Pharmaceuticals, Mechanical, Metal, Electronics, and Government-related professional firms. Retail, Financial, Technology, and Energy sectors were also significantly impacted.
This research was conducted by CyberPeace Research using a systematic modus operandi, which included advanced OSINT (Open-Source Intelligence) techniques, continuous monitoring of Ransomware Group activities, and data collection from 658 servers and mirrors globally. The team utilized data scraping, pattern analysis, and incident mapping to track trends and identify hotspots of ransomware activity. By integrating real-time data and geographic claims, the research provided a comprehensive view of sectoral and regional impacts, forming the basis for actionable insights.
The findings emphasize the urgent need for proactive Cybersecurity strategies, robust defenses, and global collaboration to counteract the evolving and persistent threats posed by ransomware.
Overview:
This report provides insights into ransomware activities monitored throughout 2024. Data was collected by observing 166 Threat Actor Groups using ransomware technologies across 658 servers/underground resources and mirrors, resulting in 5,233 claims worldwide. The analysis offers a detailed examination of global trends, targeted sectors, and geographical impact.
Top 10 Threat Actor Groups:
The ransomware group ‘ransomhub’ has emerged as the leading threat actor, responsible for 527 incidents worldwide. Following closely are ‘lockbit3’ with 522 incidents and ‘play’ with 351. Other Groups are ‘akira’, ‘hunters’, ‘medusa’, ‘blackbasta’, ‘qilin’, ‘bianlian’, ‘incransom’. These groups usually employ advanced tactics to target critical sectors, highlighting the urgent need for robust cybersecurity measures to mitigate their impact and protect organizations from such threats.
Monthly Ransomware Incidents:
In January 2024, the value began at 284, marking the lowest point on the chart. The trend rose steadily in the subsequent months, reaching its first peak at 557 in May 2024. However, after this peak, the value dropped sharply to 339 in June. A gradual recovery follows, with the value increasing to 446 by August. September sees another decline to 389, but a sharp rise occurs afterward, culminating in the year’s highest point of 645 in November. The year concludes with a slight decline, ending at 498 in December 2024 (till 28th of December).
Top 10 Targeted Countries:
The United States consistently topped the list as the primary target probably due to its advanced economic and technological infrastructure.
Other heavily targeted nations include Canada, UK, Germany, Italy, France, Brazil, Spain, and India.
A total of 153 countries reported ransomware attacks, reflecting the global scale of these cyber threats
Top Affected Sectors:
Business Services and Healthcare faced the brunt of ransomware threat due to the sensitive nature of their operations.
Specific industries under threats:
Pharmaceutical, Mechanical, Metal, and Electronics industries.
Professional firms within the Government sector.
Other sectors:
Retail, Financial, Technology, and Energy sectors were also significant targets.
Geographical Impact:
The continuous and precise OSINT(Open Source Intelligence) work on the platform, performed as a follow-up action to data scraping, allows a complete view of the geography of cyber attacks based on their claims. The northwestern region of the world appears to be the most severely affected by Threat Actor groups. The figure below clearly illustrates the effects of this geographic representation on the map.
Ransomware Threat Trends in India:
In 2024, the research identified 98 ransomware incidents impacting various sectors in India, marking a 55% increase compared to the 63 incidents reported in 2023. This surge highlights a concerning trend, as ransomware groups continue to target India's critical sectors due to its growing digital infrastructure and economic prominence.
Top Threat Actors Group Targeted India:
Among the following threat actors ‘killsec’ is the most frequent threat. ‘lockbit3’ follows as the second most prominent threat, with significant but lower activity than killsec. Other groups, such as ‘ransomhub’, ‘darkvault’, and ‘clop’, show moderate activity levels. Entities like ‘bianlian’, ‘apt73/bashe’, and ‘raworld’ have low frequencies, indicating limited activity. Groups such as ‘aps’ and ‘akira’ have the lowest representation, indicating minimal activity. The chart highlights a clear disparity in activity levels among these threats, emphasizing the need for targeted cybersecurity strategies.
Top Impacted Sectors in India:
The pie chart illustrates the distribution of incidents across various sectors, highlighting that the industrial sector is the most frequently targeted, accounting for 75% of the total incidents. This is followed by the healthcare sector, which represents 12% of the incidents, making it the second most affected. The finance sector accounts for 10% of the incidents, reflecting a moderate level of targeting. In contrast, the government sector experiences the least impact, with only 3% of the incidents, indicating minimal targeting compared to the other sectors. This distribution underscores the critical need for enhanced cybersecurity measures, particularly in the industrial sector, while also addressing vulnerabilities in healthcare, finance, and government domains.
Month Wise Incident Trends in India:
The chart indicates a fluctuating trend with notable peaks in May and October, suggesting potential periods of heightened activity or incidents during these months. The data starts at 5 in January and drops to its lowest point,2,in February. It then gradually increases to 6 in March and April, followed by a sharp rise to 14 in May. After peaking in May, the metric significantly declines to 4 in June but starts to rise again, reaching 7 in July and 8 in August. September sees a slight dip to 5 before the metric spikes dramatically to its highest value, 24, in October. Following this peak, the count decreases to 10 in November and then drops further to 7 in December.
CyberPeace Advisory:
Implement Data Backup and Recovery Plans: Backups are your safety net. Regularly saving copies of your important data ensures you can bounce back quickly if ransomware strikes. Make sure these backups are stored securely—either offline or in a trusted cloud service—to avoid losing valuable information or facing extended downtime.
Enhance Employee Awareness and Training: People often unintentionally open the door to ransomware. By training your team to spot phishing emails, social engineering tricks, and other scams, you empower them to be your first line of defense against attacks.
Adopt Multi-Factor Authentication (MFA): Think of MFA as locking your door and adding a deadbolt. Even if attackers get hold of your password, they’ll still need that second layer of verification to break in. It’s an easy and powerful way to block unauthorized access.
Utilize Advanced Threat Detection Tools: Smart tools can make a world of difference. AI-powered systems and behavior-based monitoring can catch ransomware activity early, giving you a chance to stop it in its tracks before it causes real damage.
Conduct Regular Vulnerability Assessments: You can’t fix what you don’t know is broken. Regularly checking for vulnerabilities in your systems helps you identify weak spots. By addressing these issues proactively, you can stay one step ahead of attackers.
Conclusion:
The 2024 ransomware landscape reveals the critical need for proactive cybersecurity strategies. High-value sectors and technologically advanced regions remain the primary targets, emphasizing the importance of robust defenses. As we move into 2025, it is crucial to anticipate the evolution of ransomware tactics and adopt forward-looking measures to address emerging threats.
Global collaboration, continuous innovation in cybersecurity technologies, and adaptive strategies will be imperative to counteract the persistent and evolving threats posed by ransomware activities. Organizations and governments must prioritize preparedness and resilience, ensuring that lessons learned in 2024 are applied to strengthen defenses and minimize vulnerabilities in the year ahead.
The Ministry of Electronics and Information Technology (MeitY) issued an advisory on March 1 2024, urging platforms to prevent bias, discrimination, and threats to electoral integrity by using AI, generative AI, LLMs, or other algorithms. The advisory requires that AI models deemed unreliable or under-tested in India must obtain explicit government permission before deployment. While leveraging Artificial Intelligence models, Generative AI, software, or algorithms in their computer resources, Intermediaries and platforms need to ensure that they prevent bias, discrimination, and threats to electoral integrity. As Intermediaries are required to follow due diligence obligations outlined under “Information Technology (Intermediary Guidelines and Digital Media Ethics Code)Rules, 2021, updated as of 06.04.2023”. This advisory is issued to urge the intermediaries to abide by the IT rules and regulations and compliance therein.
Key Highlights of the Advisories
Intermediaries and platforms must ensure that users of Artificial Intelligence models/LLM/Generative AI, software, or algorithms do not allow users to host, display, upload, modify, publish, transmit, store, update, or share unlawful content, as per Rule 3(1)(b) of the IT Rules.
The government emphasises intermediaries and platforms to prevent bias or discrimination in their use of Artificial Intelligence models, LLMs, and Generative AI, software, or algorithms, ensuring they do not threaten the integrity of the electoral process.
The government requires explicit permission to use deemed under-testing or unreliable AI models, LLMs, or algorithms on the Indian internet. Further, it must be deployed with proper labelling of potential fallibility or unreliability. Further, users can be informed through a consent popup mechanism.
The advisory specifies that all users should be well informed about the consequences of dealing with unlawful information on platforms, including disabling access, removing non-compliant information, suspension or termination of access or usage rights of the user to their user account and imposing punishment under applicable law. It entails that users are clearly informed, through terms of services and user agreements, about the consequences of engaging with unlawful information on the platform.
The advisory also indicates measures advocating to combat deepfakes or misinformation. The advisory necessitates identifying synthetically created content across various formats, advising platforms to employ labels, unique identifiers, or metadata to ensure transparency. Furthermore, the advisory mandates the disclosure of software details and tracing the first originator of such synthetically created content.
Rajeev Chandrasekhar, Union Minister of State for IT, specified that
“Advisory is aimed at the Significant platforms, and permission seeking from Meity is only for large platforms and will not apply to startups. Advisory is aimed at untested AI platforms from deploying on the Indian Internet. Process of seeking permission , labelling & consent based disclosure to user about untested platforms is insurance policy to platforms who can otherwise be sued by consumers. Safety & Trust of India's Internet is a shared and common goal for Govt, users and Platforms.”
Conclusion
MeitY's advisory sets the stage for a more regulated Al landscape. The Indian government requires explicit permission for the deployment of under-testing or unreliable Artificial Intelligence models on the Indian Internet. Alongside intermediaries, the advisory also applies to digital platforms that incorporate Al elements. Advisory is aimed at significant platforms and will not apply to startups. This move safeguards users and fosters innovation by promoting responsible AI practices, paving the way for a more secure and inclusive digital environment.
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