#FactCheck: Fake video falsely claims FM Sitharaman endorsed investment scheme

Introduction

According to the Finance Ministry's data, the incidence of domestic Unified Payment Interface (UPI) fraud rose by 85% in FY 2023-24 compared to FY 2022-23. Further, as of September of FY 2024-25, 6.32 lakh fraud cases had been already reported, amounting to Rs 485 crore. The data was shared on 25th November 2024, by the Finance Ministry in response to a question in Lok Sabha’s winter session about the fraud in UPI transactions during the past three fiscal years.

Statistics

‍

UPI Frauds and Government's Countermeasures 

On the query as to measures taken by the government for safe and secure UPI transactions and prevention of fraud in the transactions, the ministry has highlighted the measures as follows: 

• The Reserve Bank of India (RBI) has launched the Central Payment Fraud Information Registry (CPFIR), a web-based tool for reporting payment-related frauds, operational since March 2020, and it requires requiring all Regulated Entities (RE) to report payment-related frauds to the said CPFIR.

• The Government, RBI, and National Payments Corporation of India (NPCI) have implemented various measures to prevent payment-related frauds, including UPI transaction frauds. These include device binding, two-factor authentication through PIN, daily transaction limits, and limits on use cases.
• Further, NPCI offers a fraud monitoring solution for banks, enabling them to alert and decline transactions using AI/ML models. RBI and banks are also promoting awareness through SMS, radio, and publicity on 'cyber-crime prevention'.
• The Ministry of Home Affairs has launched a National Cybercrime Reporting Portal (NCRP) (www.cybercrime.gov.in) and a National Cybercrime Helpline Number 1930 to help citizens report cyber incidents, including financial fraud. Customers can also report fraud on the official websites of their bank or bank branches.
• The Department of Telecommunications has introduced the Digital Intelligence Platform (DIP) and 'Chakshu' facility on the Sanchar Saathi portal, enabling citizens to report suspected fraud messages via call, SMS, or WhatsApp.

Conclusion  

UPI is India's most popular digital payment method.  As of June 2024, there are around 350 million active users of the UPI in India. The Indian Cyber Crime Coordination Centre (I4C) report indicates that ‘Online Financial Fraud’, a cyber crime category under NCRP, is the most prevalent among others. The rise of financial fraud, particularly UPI fraud is cause for alarm, the scammers use sophisticated strategies to deceive victims. It is high time for netizens to exercise caution and care with their personal and financial information, stay aware of common tactics used by fraudsters, and adhere to best security practices for secure transactions and the safe use of UPI services.

References

• https://sansad.in/getFile/loksabhaquestions/annex/183/AU211_sk53e3.pdf?source=pqals

‍

Executive Summary:

‍

Recently, our team encountered a post on X (formerly Twitter) pretending Chandra Arya, a Member of Parliament of Canada is speaking in Kannada and this video surfaced after he filed his nomination for the much-coveted position of Prime Minister of Canada. The video has taken the internet by storm and is being discussed as much as words can be. In this report, we shall consider the legitimacy of the above claim by examining the content of the video, timing and verifying information from reliable sources.

‍

‍

Claim:

‍

The viral video claims Chandra Arya spoke Kannada after filing his nomination for the Canadian Prime Minister position in 2025, after the resignation of Justin Trudeau.

‍

‍

Fact Check:

‍

Upon receiving the video, we performed a reverse image search of the key frames extracted from the video, we found that the video has no connection to any nominations for the Canadian Prime Minister position.Instead, we found that it was an old video of his speech in the Canadian Parliament in 2022. Simultaneously, an old post from the X (Twitter) handle of Mr. Arya’s account was posted at 12:19 AM, May 20, 2022, which clarifies that the speech has no link with the PM Candidature post in the Canadian Parliament.

Further our research led us to a YouTube video posted on a verified channel of Hindustan Times dated 20th May 2022 with a caption -

“India-born Canadian MP Chandra Arya is winning hearts online after a video of his speech at the Canadian Parliament in Kannada went viral. Arya delivered a speech in his mother tongue - Kannada. Arya, who represents the electoral district of Nepean, Ontario, in the House of Commons, the lower house of Canada, tweeted a video of his address, saying Kannada is a beautiful language spoken by about five crore people. He said that this is the first time when Kannada is spoken in any Parliament outside India. Netizens including politicians have lauded Arya for the video.”

‍

‍

Conclusion:

‍

The viral video claiming that Chandra Arya spoke in Kannada after filing his nomination for the Canadian Prime Minister position in 2025 is completely false. The video, dated May 2022, shows Chandra Arya delivering an address in Kannada in the Canadian Parliament, unrelated to any political nominations or events concerning the Prime Minister's post. This incident highlights the need for thorough fact-checking and verifying information from credible sources before sharing.

• Claim: Misleading Claim About Chandra Arya’s PM Candidacy
• Claimed on: X (Formerly Known As Twitter)‍
• Fact Check: False and Misleading

Introduction:

This Op-ed sheds light on the perspectives of the US and China regarding cyber espionage. Additionally, it seeks to analyze China's response to the US accusation regarding cyber espionage.

What is Cyber espionage?

Cyber espionage or cyber spying is the act of obtaining personal, sensitive, or proprietary information from individuals without their knowledge or consent. In an increasingly transparent and technological society, the ability to control the private information an individual reveals on the Internet and the ability of others to access that information are a growing concern. This includes storage and retrieval of e-mail by third parties, social media, search engines, data mining, GPS tracking, the explosion of smartphone usage, and many other technology considerations. In the age of big data, there is a growing concern for privacy issues surrounding the storage and misuse of personal data and non-consensual mining of private information by companies, criminals, and governments. 

Cyber espionage aims for economic, political, and technological gain. Fox example Stuxnet (2010) cyber-attack by the US and its allies Israel against Iran’s Nuclear facilities. Three espionage tools were discovered connected to Stuxnet, such as Gauss, FLAME and DuQu, for stealing data such as passwords, screenshots, Bluetooth, Skype functions, etc.

Cyber espionage is one of the most significant and intriguing international challenges globally. Many nations and international bodies, such as the US and China, have created their definitions and have always struggled over cyber espionage norms.

The US Perspective

In 2009, US officials (along with other allied countries) mentioned that cyber espionage was acceptable if it safeguarded national security, although they condemned economically motivated cyber espionage. Even the Director of National Intelligence said in 2013 that foreign intelligence capabilities cannot steal foreign companies' trade secrets to benefit their firms. This stance is consistent with the Economic Espionage Act (EEA) of 1996, particularly Section 1831, which prohibits economic espionage. This includes the theft of a trade secret that "will benefit any foreign government, foreign agent or foreign instrumentality. 

Second, the US advocates for cybersecurity market standards and strongly opposes transferring personal data extracted from the US Office of Personnel Management (OPM) to cybercrime markets. Furthermore, China has been reported to sell OPM data on illicit markets. It became a grave concern for the US government when the Chinese government managed to acquire sensitive details of 22.1 million US government workers through cyber intrusions in 2014.

Third, Cyber-espionage is acceptable unless it’s utilized for Doxing, which involves disclosing personal information about someone online without their consent and using it as a tool for political influence operations. However, Western academics and scholars have endeavoured to distinguish between doxing and whistleblowing. They argue that whistleblowing, exemplified by events like the Snowden Leaks and Vault 7 disclosures, serves the interests of US citizens. In the US, being regarded as an open society, certain disclosures are not promoted but rather required by mandate.

Fourth, the US argues that there is no cyber espionage against critical infrastructure during peacetime. According to the US, there are 16 critical infrastructure sectors, including chemical, nuclear, energy, defence, food, water, and so on. These sectors are considered essential to the US, and any disruption or harm would impact security, national public health and national economic security.

The US concern regarding China’s cyber espionage

According to James Lewis (a senior vice president at the Center for US-China Economic and Security Review Commission), the US faces losses between $ 20 billion and $30 billion annually due to China’s cyberespionage. The 2018 U.S. Trade Representative (USTR) Section 301 report highlighted instances, where the Chinese government and executives from Chinese companies engaged in clandestine cyber intrusions to obtaining commercially valuable information from the U.S. businesses, such as in 2018 where officials from China’s Ministry of State Security, stole trade from General Electric aviation and other aerospace companies.    

China's response to the US accusations of cyber espionage

China's perspective on cyber espionage is outlined by its 2014 anti-espionage law, which was revised in 2023. Article 1 of this legislation is formulated to prevent, halt, and punish espionage actions to maintain national security. Article 4 addresses the act of espionage and does not differentiate between state-sponsored cyber espionage for economic purposes and state-sponsored cyber espionage for national security purposes. However, China doesn't make a clear difference between government-to-government hacking (spying) and government-to-corporate sector hacking, unlike the US. This distinction is less apparent in China due to its strong state-owned enterprise (SOE) sector. However, military spying is considered part of the national interest in the US, while corporate spying is considered a crime.

China asserts that the US has established cyber norms concerning cyber espionage to normalize public attribution as acceptable conduct. This is achieved by targeting China for cyber operations, imposing sanctions on accused Chinese individuals, and making political accusations, such as blaming China and Russia for meddling in US elections. Despite all this, Washington D.C has never taken responsibility for the infamous Flame and Stuxnet cyber operations, which were widely recognized as part of a broader collaborative initiative known as Operation Olympic Games between the US and Israel. Additionally, the US takes the lead in surveillance activities conducted against China, Russia, German Chancellor Angela Merkel, the United Nations (UN) Secretary-General, and several French presidents. Surveillance programs such as Irritant Horn, Stellar Wind, Bvp47, the Hive, and PRISM are recognized as tools used by the US to monitor both allies and adversaries to maintain global hegemony.

China urges the US to cease its smear campaign associated with Volt Typhoon’s cyberattack for cyber espionage, citing the publication of a report titled “Volt Typhoon: A Conspiratorial Swindling Campaign Targets with U.S. Congress and Taxpayers Conducted by U.S. Intelligence Community” by China's National Computer Virus Emergency Response Centre and the 360 Digital Security Group on 15 April. According to the report, 'Volt Typhoon' is a ransomware cyber criminal group self-identified as the 'Dark Power' and is not affiliated with any state or region. Multiple cybersecurity authorities in the US collaborated to fabricate this story just for more budgets from Congress. In the meantime, Microsoft and other U.S. cybersecurity firms are seeking more big contracts from US cybersecurity authorities. The reality behind “Volt Typhoon '' is a conspiratorial swindling campaign to achieve two objectives by amplifying the "China threat theory" and cheating money from the U.S. Congress and taxpayers.

Beijing condemned the US claims of cyber espionage without any solid evidence. China also blames the US for economic espionage by citing the European Parliament report that the National Security Agency (NSA) was also involved in assisting Boeing in beating Airbus for a multi-billion dollar contract. Furthermore, Brazilian President Dilma Rousseff also accused the US authorities of spying against the state-owned oil company “Petrobras” for economic reasons.

Conclusion

In 2015, the US and China marked a milestone as both President Xi Jinping and Barack Obama signed an agreement, committing that neither country's government would conduct or knowingly support cyber-enabled theft of trade secrets, intellectual property, or other confidential business information to grant competitive advantages to firms or commercial sectors. However, the China Cybersecurity Industry Alliance (CCIA) published a report titled 'US Threats and Sabotage to the Security and Development of Global Cyberspace' in 2024, highlighting the US escalating cyber-attack and espionage activities against China and other nations. Additionally, there has been a considerable increase in the volume and sophistication of Chinese hacking since 2016. According to a survey by the Center for International and Strategic Studies, out of 224 cyber espionage incidents reported since 2000, 69% occurred after Xi assumed office. Therefore, China and the US must address cybersecurity issues through dialogue and cooperation, utilizing bilateral and multilateral agreements.

‍