#FactCheck -Claim That India’s GDP Was “Fake for 10 Years” is Misleading
Executive Summary
A viral graphic post on social media claims that India’s GDP (Gross Domestic Product) was “fake for 10 years.” The post also states that the real economic growth was around 4%, while official figures reported it at 6%. It further cites a former Chief Economic Adviser (Ex-CEA) and presents the claim as a “revelation.”
Research by CyberPeace Research Wing found this claim to be misleading. No official government document, nor India’s Ministry of Statistics and Programme Implementation (MoSPI), the Reserve Bank of India (RBI), or any recognised international institution has stated that India’s GDP was “fake.”
Claim
On the social media platform Instagram, a user shared a post claiming that the Chief Economic Adviser said India’s GDP (Gross Domestic Product) was “fake for 10 years.” The link to the post and its archive link are given below, along with a screenshot.

The viral post refers to a 2019 research paper linked to former Chief Economic Adviser (Ex-CEA) Arvind Subramanian. In this study, he raised questions about India’s GDP growth estimation and suggested that during 2011–12 to 2016–17, the actual growth could have been around 4.5%, while the official estimate was close to 7%.
However, the study does not conclude anywhere that India’s GDP was “fake” or entirely incorrect. It only presents an alternative estimation based on different assumptions and methods, which has also been challenged by other economists and government agencies.
- https://www.hks.harvard.edu/centers/cid/publications/faculty-working-papers/india-gdp-overestimate?utm_source
- https://www.hks.harvard.edu/centers/cid/publications/faculty-working-papers/india-gdp-overestimate?utm_source


Conclusion:
The claim circulating on social media is misleading. The former Chief Economic Adviser provided an academic view on GDP estimation, but there is no evidence or official confirmation that India’s GDP was “fake for 10 years.” The data released by the Government of India was not validated by the figures circulated on social media.
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Introduction
Apple launched Passkeys with iOS 16 as a more authentic and secure mechanism. It is safer than passwords, and it is more efficient in comparison to passwords. Apple users using iOS 16 passkeys features should enable two-factor authentication. The passkeys are an unchallenging mechanism than the passwords for the passkeys. The user just has to open the apps and websites, and then the biometric sensor automatically recognises the face and fingerprints. There can be a PIN and pattern used to log instead of passwords. The passkeys add an extra coating of protection to the user’s systems against cyber threats like phishing attacks by SMS and one-time password-based. In a report 9 to 5mac, there is confirmation that 95% of users are using passkeys. Also, with the passkeys, users’ experience will be better, and it is a more security-proof mechanism. The passwords were weak, reused credentials and credentials leaked, and the chances of phishing attacks were real.
What are passkeys?
Passkey is a digital key linked to users’ accounts and websites or applications. Passkeys allow the user to log into any application and website without entering passwords, usernames, or other details. The aim of this new feature is to replace the old long pattern of entering passwords for going through any websites and applications.
The passkeys are developed by Microsoft, Apple, and Google together, and it is also called FIDO Authentication (Fast identity online). It eliminates the need to remember passwords and the need for typing. So, the passkeys work as they replace the password with a unique digital key, which is tied to the account then, the key is stored in the device itself, and it is end-to-end encrypted. The passkeys will always be on the sites on which users specifically created them. the passkeys use the technology of cryptography for more security purposes. And the passkeys guarantee against the phish.
And since the passkeys follow FIDO standards so, this also can be used for third-party nonapple devices as the third-party device generate a QR code that enables the iOS user to scan that to log in. It will recognise the face of the person for authentication and then asks for permission on another device to deny or allow.
How are passkeys more secure than passwords?
The passkeys follow the public key cryptographic protocols that support the security keys, and they work against phishing and other cyber threats. It is more secure than SMS and apps based on one-time passwords. And another type of multi-factor authentication.
Why are passwords insecure?
The users create passwords easily, and it is wondering if they are secure. The very important passwords are short and easy to crack as they generally relate to the user’s personal information or popular words. One password is reused by the user to the different accounts, and then, in this case, hacking one account gives access to all accounts to the hackers. The problem is that passwords have inherent flaws, like they could be easily stolen.
Are passkeys about to become obligatory?
Many websites restrict the type of passwords, as some websites ask for mixtures of numbers and symbols, and many websites ask for two-factor authentication. There is no surety about the obligation of passkeys widespread as it is still a new concept and it will take time, so it is going to be optional for a while.
- There was a case of a Heartland payment system data breach, and Heartland was handling over 100 million monthly credit card transactions for 175,000 retailers at the time of the incident. Visa and MasterCard detected the hack in January 2009 when they notified Heartland of suspicious transactions. And this happened due to a password breach. The corporation paid an estimated $145 million in settlement for illegal payments. Today, data-driven breaches affect millions of people’s personal information.
- GoDaddy reported a security attack in November that affected the accounts of over a million of its WordPress customers. The attacker acquired unauthorised access to GoDaddy’s Managed WordPress hosting environment by hacking into the provisioning system in the company’s legacy Managed WordPress code.
Conclusion
The use of strong and unique passwords is an essential requirement to safeguard information and data from cyberattacks, but still, passwords have its own disadvantages. And by the replacement of passwords, a passkey, a digital key that ensures proper safety and there is security against cyberattacks and cybercrimes through passkey. There are cases above-mentioned that happened due to the password’s weaker security. And in this technology world, there is a need for something for protection and prevention from cybercrimes, and the world dumps passwords and adopts passkeys.
References
- https://www.cnet.com/tech/mobile/switch-to-passkeys-more-secure-than-passwords-on-ios-16-iphone-14/
- https://economictimes.indiatimes.com/magazines/panache/google-is-ending-passwords-rolls-out-passkeys-for-easy-log-in-how-to-set-it/articleshow/99988444.cms?from=mdr
- https://security.googleblog.com/2023/05/making-authentication-faster-than-ever.html#:~:text=Because%20they%20are%20based%20on,%2Dfactor%20authentication%20(MFA).

Introduction
US President Biden takes a step by signing a key executive order to manage the risks posed by AI. The new presidential order on Artificial intelligence (AI) sets rules on the rapidly growing technology that has big potential but also covers risks. The presidential order was signed on 30th October 2023. It is a strong action that the US president has taken on AI safety and security. This order will require the developers to work on the most powerful AI model to share their safety test results with the government before releasing their product to the public. It also includes developing standards for ethically using AI and for detecting AI-generated content and labelling it as such. Tackling the many dangers of AI as it rapidly advances, the technology poses certain risks by replacing human workers, spreading misinformation and stealing people's data. The white house is also making clear that this is not just America’s problem and that the US needs to work with the world to set standards here and to ensure the responsible use of AI. The white house is also urging Congress to do more and pass comprehensive privacy legislation. The order includes new safety guidelines for AI developers, standards to disclose AI-generated content and requirements for federal agencies that are utilising AI. The white house says that it is the strongest action that any government has taken on AI safety and security. In the most recent events, India has reported the biggest ever data breach, where data of 815 million Indians has been leaked. ICMR is the Indian Council of Medical Research and is the imperial medical research institution of India.
Key highlights of the presidential order
The presidential order requires developers to share safety test results. It focuses on developing standards, tools & tests to ensure safe AI. It will ensure protection from AI-enabled frauds and protect Americans' privacy, advance equity and civil rights, stand up for consumers and workers, promote innovation and competition, protect against risks of using AI to engineer dangerous material and provide guidelines for detecting AI -AI-generated content and establishing overall standards for AI safety and security.
Online content authentication and labelling
Biden administration has asked the Department of Commerce to set guidelines to help authenticate content coming from the government, meaning the American people should be able to trust official documents coming from the government. So, focusing on content authentication, they have also talked about labelling AI-generated content, making the differentiation between a real authentic piece of content and something that has been manipulated or generated using AI.
ICMR Breach
On 31/10/2023, an American intelligence and cybersecurity agency flagged the biggest-ever data breach, putting the data of 81.5 crore Indians at stake and at at potential risk of making its way to the dark market. The cyber agency has informed that a ‘threat actor’, also known as ‘pwn001’ shared a thread on Breach Forums, which is essentially claimed as the ‘premier Databreach discussion and leaks forum’. The forum confirms a breach of 81.5 crore Indians. As of today,, ICRM has not issued any official statement, but it has informed the government that the prestigious Central Bureau of Investigation (CBI) will be taking on the investigation and apprehending the cybercriminals behind the cyber attack. The bad actor’s alias, 'pwn001,' made a post on X (formerly Twitter); the post informed that Aadhaar and passport information, along with personal data such as names, phone numbers, and addresses. It is claimed that the data was extracted from the COVID-19 test details of citizens registered with ICMR. This poses a serious threat to the Indian Netizen from any form of cybercrime from anywhere in the world.
Conclusion:
The US presidential order on AI is a move towards making Artificial intelligence safe and secure. This is a major step by the Biden administration, which is going to protect both Americans and the world from the considerable dangers of AI. The presidential order requires developing standards, tools, and tests to ensure AI safety. The US administration will work with allies and global partners, including India, to develop a strong international framework to govern the development and use of AI. It will ensure the responsible use of AI. With the passing of legislation such as the Digital Personal Data Protection Act, 2023, it is pertinent that the Indian government works towards creating precautionary and preventive measures to protect Indian data. As the evolution of cyber laws is coming along, we need to keep an eye on emerging technologies and update/amend our digital routines and hygienes to stay safe and secure.
References:
- https://m.dailyhunt.in/news/india/english/lokmattimes+english-epaper-lokmaten/biden+signs+landmark+executive+order+to+manage+ai+risks-newsid-n551950866?sm=Y
- https://www.hindustantimes.com/technology/in-indias-biggest-data-breach-personal-information-of-81-5-crore-people-leaked-101698719306335-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts

Executive Summary:
Microsoft rolled out a set of major security updates in August, 2024 that fixed 90 cracks in the MS operating systems and the office suite; 10 of these had been exploited in actual hacker attacks and were zero-days. In the following discussion, these vulnerabilities are first outlined and then a general analysis of the contemporary cyber security threats is also undertaken in this blog. This blog seeks to give an acquainted and non-acquainted audience about these updates, the threat that these exploits pose, and prevent measures concerning such dangers.
1. Introduction
Nowadays, people and organisations face the problem of cybersecurity as technologies develop and more and more actions take place online. These cyber threats have not ceased to mutate and hence safeguarding organisations’ digital assets requires a proactive stand. This report is concerned with the vulnerabilities fixed by Microsoft in August 2024 that comprised a cumulative of 90 security weaknesses where six of them were zero-day exploits. All these make a terrible risk pose and thus, it is important to understand them as we seek to safeguard virtual properties.
2. Overview of Microsoft’s August 2024 Security Updates
August 2024 security update provided by Microsoft to its products involved 90 vulnerabilities for Windows, Office, and well known programs and applications. These updates are of the latest type which are released by Microsoft under its Patch Tuesday program, a regular cum monthly release of all Patch updates.
- Critical Flaws: As expected, seven of the 90 were categorised as Critical, meaning that these are flaws that could be leveraged by hackers to compromise the targeted systems or bring operations to a halt.
- Zero-Day Exploits: A zero-day attack can be defined as exploits, which are as of now being exploited by attackers while the software vendor has not yet developed a patch for the same. It had managed 10 zero-days with the August update, which underlines that Microsoft and its ecosystems remain at risk.
- Broader Impact: These are not isolated to the products of Microsoft only They still persist Despite this, these vulnerabilities are not exclusive to the Microsoft products only. Other vendors such as Adobe, Cisco, Google, and others also released security advisories to fix a variety of issues which proves today’s security world is highly connected.
3. Detailed Analysis of Key Vulnerabilities
This section provides an in-depth analysis of some of the most critical vulnerabilities patched in August 2024. Each vulnerability is explained in layman’s terms to ensure accessibility for all readers.
3. 1 CVE-2024-38189: Microsoft Project Remote Code Execution Vulnerability (CVSS score:8. 8) :
The problem is in programs that belong to the Microsoft Project family which is known to be a popular project management system. The vulnerability enables an attacker to produce a file to entice an user into opening it and in the process execute code on the affected system. This could possibly get the attacker full control of the user’s system as mentioned in the following section.
Explanation for Non-Technical Readers: Let us assume that one day you received a file which appears to be a normal word document. When it is opened, it is in a format that it secretly downloads a problematic program in the computer and this goes unnoticed. This is what could happen with this vulnerability, that is why it is very dangerous.
3. 2 CVE-2024-38178: Windows Scripting Engine Memory Corruption Vulnerability (CVSS score: 7.5):
Some of the risks relate to a feature known as the Windows Scripting Engine, which is an important system allowing a browser or an application to run scripts in a web page or an application. The weak point can result in corruption of memory space and an attacker can perform remote code execution with the possibility to affect the entire system.
Explanation for Non-Technical Readers: For the purpose of understanding how your computer memory works, imagine if your computer’s memory is a library. This vulnerability corrupts the structure of the library so that an intruder can inject malicious books (programs) which you may read (execute) on your computer and create havoc.
3. 3 CVE-2024-38193: WinSock Elevation of Privilege Vulnerability (CVSS score: 7. 8 )
It opens up a security weakness in the Windows Ancillary Function Driver for WinSock, which is an essential model that masks the communication between the two. It enables the attacker to gain new privileges on the particular system they have attacked, in this case they gain some more privileges on the attacked system and can access other higher activities or details.
Explanation for Non-Technical Readers: This flaw is like somebody gaining access to the key to your house master bedroom. They can also steal all your valuable items that were earlier locked and could only be accessed by you. It lets the attacker cause more havoc as soon as he gets inside your computer.
3. 4 CVE-2024-38106: Windows Kernel Elevation of Privilege Vulnerability (CVSS score: 7. 0)
This vulnerability targets what is known as the Windows Kernel which forms the heart or main frameworks of the operating system that controls and oversees the functions of the computer components. This particular weakness can be exploited and an opponent will be able to get high-level access and ownership of the system.
Explanation for Non-Technical Readers: The kernel can be compared to the brain of your computer. It is especially dangerous that if someone can control the brain he can control all the rest, which makes it a severe weakness.
3. 5 CVE-2024-38213: Windows Mark of the Web Security Feature Bypass Vulnerability (CVSS score: 6.5).
This vulnerability enables the attackers to evade the SmartScreen component of Windows which is used to safeguard users from accessing unsafe files. This weakness can be easily used by the attackers to influence the users to open files that are otherwise malicious.
Explanation for Non-Technical Readers: Usually, before opening a file your computer would ask you in advance that opening the file may harm your computer. This weak point makes your computer believe that this dangerous file is good and then no warning will be given to you.
4. Implications of the Vulnerabilities
These vulnerabilities, importantly the zero-day exploits, have significant implications on all users.
- Data Breaches: These weaknesses can therefore be manipulated to cause exposures of various data, occasioning data leaks that put individual and corporate information and wealth.
- System Compromise: The bad guys could end up fully compromising the impacted systems meaning that they can put in malware, pilfer data or simply shut down a program.
- Financial Loss: The organisations that do not patch these vulnerabilities on the shortest notice may end up experiencing a lot of losses because of having to deal with a lot of downtimes on their systems, having to incur the costs of remediating the systems that have been breached and also dealing with legal repercussions.
- Reputation Damage: Security breaches and IT system corruptions can result in loss of customer and partner confidence in an organisation’s ability to protect their information affecting its reputation and its position in the market.
5. Recommendations for Mitigating Risks
Immediate measures should be taken regarding the risks linked to these issues since such weaknesses pose a rather high threat. The following are recommendations suitable for both technical and non-technical users.
5. 1 Regular Software Updates
Make it a point that all the software, particularly operating systems and all Microsoft applications are updated. Any system out there needs to update it from Microsoft, and its Patch Tuesday release is crucial.
For Non-Technical Users: As much as possible, reply ‘yes’ to updates whenever your computer or smartphone prompts for it. These updates correct security matters and secure your instruments.
5. 2 Realisation of Phishing Attacks
Most of the risks are normally realised through phishing techniques. People should be taught diversifiable actions that come with crazy emails like clicking on links and opening attachments.
For Non-Technical Users: Do not respond to emails from unknown people and if they make you follow a link or download a file, do not do it. If it looks like spam, do not click on it.
5. 3 Security Software
Strong and reliable antivirus and anti-malware software can be used to identify and avoid the attacks that might have high chances of using these vulnerabilities.
For Non-Technical Users: Ensure you download a quality antivirus and always update it. This works like a security guard to your computer by preventing bad programs.
5. 4 Introduce Multi Factor Authentication (MFA)
MFA works in a way to enforce a second factor of authentication before the account can be accessed; for instance, a user will be asked to input a text message or an authentication application.
For Non-Technical Users: NS is to make use of two-factor authentication on your accounts. It is like increasing the security measures that a man who has to burgle a house has to undergo by having to hammer an additional lock on the door.
5. 5 Network segmentations and Privileges management
Network segmentation should be adopted by organisations to prevent the spread of attacks while users should only be granted the privileges required to do their activities.
For Non- Technical Users: Perform the assessments of user privileges and the networks frequently and alter them in an effort of reducing the extent of the attacks.
6. Global Cybersecurity Landscape and Vendor Patches
The other major vendors have also released patches to address security vulnerabilities in their products. The interdependent nature of technology has the effect on the entire digital ecosystem.
- Adobe, Cisco, Google, and Others: These companies have released updates to address the weaknesses in their products that are applied in different sectors. These patches should be applied promptly to enhance cybersecurity.
- Collaboration and Information Sharing:Security vendors as well as researchers and experts in the cybersecurity domain, need to remain vigilant and keep on sharing information on emerging threats in cyberspace.
7. Conclusion
The security updates companies such as Microsoft and other vendors illustrate the present day fight between cybersecurity experts and cybercriminals. All the vulnerabilities addressed in this August 2024 update cycle are a call for prudence and constant protection of digital platforms. These vulnerabilities explain the importance of maintaining up-to-date systems, being aware of potential threats, and implementing robust security practices. Therefore, it is important to fortify our shield in this ever expanding threat domain, in order to be safe from attackers who use this weakness for their malicious purposes.