BREAKING NEWS: India's mourning its Cyber Crime Squad members

BREAK­ING NEWS

SEV­ERAL E2-​LABS CYBER­CRIME SQUAD MEM­BERS REPORTED MISS­ING IN ACTIONS, SEV­ERAL OTH­ERS CRIT­I­CALLY INJURED — NATIONAL CALL FOR BLOOD DONORS

Sev­eral of the brave E2-​labs’ Cyber Crime Squad mem­bers are reported miss­ing in action. The acci­dent hap­pened today at road n.2 of Ban­jara Hills, Hyder­abad. News reports are still unprecise but it seems that sev­eral mem­bers of the famous team of national heroes whose scope is to pro­tect India’s dig­i­tal bound­aries from bad-​ass cybert­er­ror attacks have been killed while attempt­ing to defuse a logic bomb placed by a group of sep­a­ratists. In the blast, some other Cyber Crime Squad mem­bers are reported in crit­i­cal con­di­tion. The Indian Min­is­ter of the Health has issued a call for blood donors.

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Case study: are traditional financial fraud schemes applicable to the Indian IT educational market?

Today we indulge our­self in a pure hypo­theth­i­cal activ­ity by ana­lyz­ing whether it would be pos­si­ble to apply tra­di­tional finan­cial fraud schemes to India’s edu­ca­tional mar­ket. We agree, it might look a mere aca­d­e­mic work but later on we might find out that it makes much more sense that what we orig­i­nally thought.

1910 police mugshot of Charles Ponzi

First of all, let’s define what a Ponzi scheme is:
A Ponzi scheme is a fraud­u­lent invest­ment oper­a­tion that pays returns to sep­a­rate investors from their own money or money paid by sub­se­quent investors, rather than from any actual profit earned. The Ponzi scheme usu­ally entices new investors by offer­ing return other invest­ments can­not guar­an­tee, in the form of short-​term returns that are either abnor­mally high or unusu­ally con­sis­tent. The per­pet­u­a­tion of the returns that a Ponzi scheme adver­tises and pays requires an ever-​increasing flow of money from investors to keep the scheme going.

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Skeletons in Hyderabad's cyber-closet - PART ONE?

Once upon a time, back in year 2003 the Indian news­pa­per The Times of India pub­lished a strange arti­cle titled “Hack­ers strike sites at will, govt helpless”

The story was about an Amer­i­can hacker (named Der­ren War­ren, the name in the arti­cle was changed by his request) hired by an undis­closed secu­rity com­pany located in Hyder­abad. The man­ager of this com­pany asked Der­ren to per­form hack­ing activites against India’s crit­i­cal gov­ern­ment servers, being this job cov­ered by a reg­u­lar pen­e­tra­tion test con­tract. Der­ren dili­gently per­formed the assigned tasks, suc­cess­fully com­pro­mis­ing sev­eral servers and as a proof of suc­cess he down­loaded from those servers a lot of crit­i­cal data.

But later on…

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E2-labs, the long lasting saga

The long last­ing, Bollywood’s favorite saga between E2-​labs and Zone-​H is far away from being fin­ished. For those heart-​breaking soap-​operas addicted, we have more bits and bytes of today’s India’s hot topic with *spe­cial* mul­ti­me­dia effects. Wel­come to the Web 2.0 world!

To dis­cover the rea­son of this pic­ture, click on the news title to read more…

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Answer to E2-lab's website post

We aknowl­edge E2-lab’s post (reported in bold beneath) on their web­site home­page, here is our answer:

Let me come to the point. I write to you with utmost grief as I read cou­ple of days back a post in a web­site (www​.zone​-​h​.org) defam­ing E2-​Labs.

Dear Mr. Qureshey, we don’t defame any­one. We just stated the facts. Don’t play sur­prised about Zone-H’s last posts, you have been warned dur­ing the last months sev­eral times. Such posts are the nat­ural result of your uneth­i­cal busi­ness practices.

Let me put forth some of the facts before you one by one.
1.You men­tioned and claimed in your post that we did not dis­trib­ute the cer­tifi­cates to the cor­po­rate train­ing par­tic­i­pants. This is absolutely false since you are as well aware that the three pro­grams such as hands on Hack­ing unlim­ited, Hands on Web appli­ca­tion secu­rity and hands on wire­les secu­rity cer­tifi­cates offered were ready but not signed hence could not be dis­trib­uted. Fur­ther, out of three sets one set was dis­trib­uted and two sets still await­ing your sig­na­ture, and I believe it’s uneth­i­cal prac­tice that Zone-​h did not sign inspite of you receiv­ing com­plete pay­ment. When asked about the sig­na­ture you assured me that you will be com­ing back to India very soon and hence will sign it then.

Let me answer to you with the utter­most tech­ni­cal terms in my knowl­edge: BULLSHIT

The things are in the way we say. In fact being your com­pany the orga­nizer of the course, if we didn’t really sign the cer­tifi­cates why didn’t you sign them by your­self? You had all the rights to do so. The truth is that you scammed your stu­dents, period.

con­tinue reading…

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