#FactCheck - Visuals of Jharkhand Police catching a truck load of cash and gold coins is an AI-generated image

Introduction

The increase in consumer demands has resulted in a sharp increase in digital financing in India. As a result, the reputation of the digital lending sector has been impacted, as bad actors increasingly deploy illicit lending platforms such as fraudulent loans and trading apps. As millions of Indians download fast loan applications to help them meet their financial ends, the fraudulent apps result in cyber crimes including financial fraud. Consumers need to be vigilant of dubious trading or loan applications as bad actors frequently use illegitimate apps to trick victims by advertising limited-period offers and applying pressure.

Recently the Indian Cyber Crime Coordination Centre (I4C) led handel CyberDost has issued a cybercrime alert against the ‘CashExpand-U’ finance assistant app, which has been now removed from the Google Play Store. The app was found to be associated with hostile foreign entities, and the app had made it easier to raise small loans. However, such loan apps are seldom credible and may compromise financial information. 

Raising cases of Fraudulent Loan Apps

The finance minister had stated that the government is constantly engaged with the Reserve Bank of India and other regulators and stakeholders to control fraudulent loan apps. In FY23, there were 1,062 complaints against such apps, the Finance Minister shared during a Lok Sabha session. Google removed almost 134 fake apps from the Play Store in a single week in September 2023 after multiple complaints were registered against such apps. The Reserve Bank of India (RBI) had also issued regulatory guidelines on digital lending in April 2023 to bring transparency in the digital loan space. 

CyberPeace Policy Wing Advisory for Users

1. Be cautious of App Permissions 

Fake lending apps collect data by fraudulently taking numerous app permissions from consumers and misusing them later. The users must effectively manage their app permissions to avoid denying any extra permissions such as access to contacts, location, and photos. This is because fraudulent digital lenders access users' personal data to extort additional money even after loan repayment.

2. Practice Due Diligence 

Consumers must exercise care & caution before applying for a loan from digital lending platforms.  Before applying for a loan or downloading any such apps, consumers must conduct due diligence by verifying the app's name, rating, reviews, physical address, and contact information. Always double-verify the paperwork before signing any agreement or contract. Always apply for loans from RBI-approved and compliant banking and financial services providers.

3. Download from Official Sources 

To avoid downloading counterfeit apps, only download lending apps from official stores like Google Play Store or Apple App Store, and avoid downloading apps from web links sent via SMS, email, or social media, even if shared by your known persons.

4. Be sceptical of too-good-to-be-true offerings

Be cautious of deals that seem too good to be true, like hassle-free easy loans as they can be fraudulent. If an offer seems too good to be true, it might be a red flag. Hence always conduct your own research to verify the lender and avoid making hasty decisions.

5. Reporting Mechanism

In case of facing a scam by such fraudulent apps, victims can file a complaint with the ‘National Cyber Crime Reporting Portal’ or Cyber Crime Helpline ‘1930’, or they can also contact us at CyberPeace Helpline +919570000066 and helpline@cyberpeace.net to get assistance in reporting their cases. 

Final Words

Illegitimate loan/trading apps have been raising concerns by defrauding innocent consumers who seek financial assistance. The Center has recently warned against the CashExpand-U app, which has been now removed from the Google Play Store. Users are advised to exercise due care and caution while downloading loan apps and applying for loans to prevent any potential scams. keep up to date with news from concerned authorities about common scams and fraudulent practices in the lending space and stay safe in the online world.

References:

• https://www.livemint.com/news/beware-govt-issues-cybercrime-alert-against-loan-app-cashexpand-u-finance-assistant-11720338996430.html
• https://timesofindia.indiatimes.com/technology/tech-news/government-has-issued-an-important-warning-for-this-loan-app/articleshow/111541577.cms

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Introduction

Twitter is a popular social media plate form with millions of users all around the world. Twitter’s blue tick system, which verifies the identity of high-profile accounts, has been under intense scrutiny in recent years. The platform must face backlash from its users and brands who have accused it of basis, inaccuracy, and inconsistency in its verification process. This blog post will explore the questions raised on the verification process and its impact on users and big brands.

What is Twitter’s blue trick System?

The blue tick system was introduced in 2009 to help users identify the authenticity of well-known public figures, Politicians, celebrities, sportspeople, and big brands. The Twitter blue Tick system verifies the identity of high-profile accounts to display a blue badge next to your username.

According to a survey, roughly there are 294,000 verified Twitter Accounts which means they have a blue tick badge with them and have also paid the subscription for the service, which is nearly $7.99 monthly, so think about those subscribers who have paid the amount and have also lost their blue badge won’t they feel cheated?

The Controversy

Despite its initial aim, the blue tick system has received much criticism from consumers and brands. Twitter’s irregular and non-transparent verification procedure has sparked accusations of prejudice and inaccuracy. Many Twitter users have complained that the network’s verification process is random and favours account with huge followings or celebrity status. In contrast, others have criticised the platform for certifying accounts that promote harmful or controversial content.

Furthermore, the verification mechanism has generated user confusion, as many need to understand the significance of the blue tick badge. Some users have concluded that the blue tick symbol represents a Twitter endorsement or that the account is trustworthy. This confusion has resulted in users following and engaging with verified accounts that promote misleading or inaccurate data, undermining the platform’s credibility.

How did the Blue Tick Row start in India?

On 21 May 2021, when the government asked Twitter to remove the blue badge from several profiles of high-profile Indian politicians, including the Indian National Congress Party Vice-President Mr Rahul Ghandhi.

The blue badge gives the users an authenticated identity. Many celebrities, including Amitabh Bachchan, popularly known as Big B, Vir Das, Prakash Raj, Virat Kohli, and Rohit Sharma, have lost their blue tick despite being verified handles.

What is the Twitter policy on blue tick?

To Twitter’s policy, blue verification badges may be removed from accounts if the account holder violates the company’s verification policy or terms of service. In such circumstances, Twitter typically notifies the account holder of the removal of the verification badge and the reason for the removal. In the instance of the “Twitter blue badge row” in India, however, it appears that Twitter did not notify the impacted politicians or their representatives before revoking their verification badges. Twitter’s lack of communication has exacerbated the controversy around the episode, with some critics accusing the company of acting arbitrarily and not following due process.

Is there a solution?

The “Twitter blue badge row” has no simple answer since it involves a complex convergence of concerns about free expression, social media policies, and government laws. However, here are some alternatives:

• Establish clear guidelines: Twitter should develop and constantly implement clear guidelines and policies for the verification process. All users, including politicians and government officials, would benefit from greater transparency and clarity.
• Increase transparency: Twitter’s decision-making process for deleting or restoring verification badges should be more open. This could include providing explicit reasons for badge removal, notifying impacted users promptly, and offering an appeals mechanism for those who believe their credentials were removed unfairly.
• Engage in constructive dialogue: Twitter should engage in constructive dialogue with government authorities and other stakeholders to address concerns about the platform’s content moderation procedures. This could contribute to a more collaborative approach to managing online content, leading to more effective and accepted policies.
• Follow local rules and regulations: Twitter should collaborate with the Indian government to ensure it conforms to local laws and regulations while maintaining freedom of expression. This could involve adopting more precise standards for handling requests for material removal or other actions from governments and other organisations.

Conclusion

To sum up, the “Twitter blue tick row” in India has highlighted the complex challenges that Social media faces daily in handling the conflicting interests of free expression, government rules, and their own content moderation procedures. While Twitter’s decision to withdraw the blue verification badges of several prominent Indian politicians garnered anger from the government and some public members, it also raised questions about the transparency and uniformity of Twitter’s verification procedure. In order to deal with this issue, Twitter must establish clear verification procedures and norms, promote transparency in its decision-making process, participate in constructive communication with stakeholders, and adhere to local laws and regulations. Furthermore, the Indian government should collaborate with social media platforms to create more effective and acceptable laws that balance the necessity for free expression and the protection of citizens’ rights. The “Twitter blue tick row” is just one example of the complex challenges that social media platforms face in managing online content, and it emphasises the need for greater collaboration among platforms, governments, and civil society organisations to develop effective solutions that protect both free expression and citizens’ rights.

Introduction  

The emergence of deepfake technology has become a significant problem in an era driven by technological growth and power. The government has reacted proactively as a result of concerns about the exploitation of this technology due to its extraordinary realism in manipulating information. The national government is in the vanguard of defending national interests, public trust, and security as the digital world changes. On the 26th of December 2023, the central government issued an advisory to businesses, highlighting how urgent it is to confront this growing threat.

The directive aims to directly address the growing concerns around Deepfakes, or misinformation driven by AI. This advice represents the result of talks that Union Minister Shri Rajeev Chandrasekhar, had with intermediaries during the course of a month-long Digital India dialogue. The main aim of the advisory is to accurately and clearly inform users about information that is forbidden, especially those listed under Rule 3(1)(b) of the IT Rules. 

Advisory

The Ministry of Electronics and Information Technology (MeitY) has sent a formal recommendation to all intermediaries, requesting adherence to current IT regulations and emphasizing the need to address issues with misinformation, specifically those driven by artificial intelligence (AI), such as Deepfakes. Union Minister Rajeev Chandrasekhar released the recommendation, which highlights the necessity of communicating forbidden information in a clear and understandable manner, particularly in light of Rule 3(1)(b) of the IT Rules.

Advise on Prohibited Content Communication

According to MeitY's advice, intermediaries must transmit content that is prohibited by Rule 3(1)(b) of the IT Rules in a clear and accurate manner. This involves giving users precise details during enrollment, login, and content sharing/uploading on the website, as well as including such information in customer contracts and terms of service.

Ensuring Users Are Aware of the Rules

Digital platform suppliers are required to inform their users of the laws that are relevant to them. This covers provisions found in the IT Act of 2000 and the Indian Penal Code (IPC). Corporations should inform users of the potential consequences of breaking the restrictions outlined in Rule 3(1)(b) and should also urge users to notify any illegal activity to law enforcement.

Talks Concerning Deepfakes

For more than a month, Union Minister Rajeev Chandrasekhar had a significant talk with various platforms where they addressed the issue of "deepfakes," or computer-generated fake videos. The meeting emphasized how crucial it is that everyone abides by the laws and regulations in effect, particularly the IT Rules to prevent deepfakes from spreading.  

Addressing the Danger of Disinformation

Minister Chandrasekhar underlined the grave issue of disinformation, particularly in the context of deepfakes, which are false pieces of content produced using the latest developments such as artificial intelligence. He emphasized the dangers this deceptive data posed to internet users' security and confidence. The Minister emphasized the efficiency of the IT regulations in addressing this issue and cited the Prime Minister's caution about the risks of deepfakes.

Rule Against Spreading False Information

The Minister referred particularly to Rule 3(1)(b)(v), which states unequivocally that it is forbidden to disseminate false information, even when doing so involves cutting-edge technology like deepfakes. He called on intermediaries—the businesses that offer digital platforms—to take prompt action to take such content down from their systems. Additionally, he ensured that everyone is aware that breaking such rules has legal implications.

Analysis 

The Central Government's latest advisory on deepfake technology demonstrates a proactive strategy to deal with new issues. It also highlights the necessity of comprehensive legislation to directly regulate AI material, particularly with regard to user interests.

There is a wider regulatory vacuum for content produced by artificial intelligence, even though the current guideline concentrates on the precision and lucidity of information distribution. While some limitations are mentioned in the existing laws, there are no clear guidelines for controlling or differentiating AI-generated content.

Positively, it is laudable that the government has recognized the dangers posed by deepfakes and is making appropriate efforts to counter them. As AI technology develops, there is a chance to create thorough laws that not only solve problems but also create a supportive environment for the creation of ethical AI content. User protection, accountability, openness, and moral AI use would all benefit from such laws. This offers an opportunity for regulatory development to guarantee the successful and advantageous incorporation of AI into our digital environment.

Conclusion 

The Central Government's preemptive advice on deepfake technology shows a great dedication to tackling new risks in the digital sphere. The advice highlights the urgent need to combat deepfakes, but it also highlights the necessity for extensive legislation on content produced by artificial intelligence. The lack of clear norms offers a chance for constructive regulatory development to protect the interests of users. The advancement of AI technology necessitates the adoption of rules that promote the creation of ethical AI content, guaranteeing user protection, accountability, and transparency. This is a turning point in the evolution of regulations, making it easier to responsibly incorporate AI into our changing digital landscape.

References

• https://economictimes.indiatimes.com/tech/technology/deepfake-menace-govt-issues-advisory-to-intermediaries-to-comply-with-existing-it-rules/articleshow/106297813.cms
• https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1990542#:~:text=Ministry%20of%20Electronics%20and%20Information,misinformation%20powered%20by%20AI%20%E2%80%93%20Deepfakes.
• https://www.timesnownews.com/india/centres-deepfake-warning-to-it-firms-ensure-users-dont-violate-content-rules-article-106298282#:~:text=The%20Union%20government%20on%20Tuesday,actors%2C%20businesspersons%20and%20other%20celebrities