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UPI-based payments cross 10 bn monthly transactions for 1st time

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New Delhi, Sep 1 (IANS) The Unified Payments Interface (UPI)-based payments crossed 10 billion monthly transactions in August for the first time, according to the National Payments Corporation of India (NPCI).

Monthly transaction count on UPI crossed 10.24 billion with a net transaction value of Rs 15.18 trillion, the NPCI confirmed late on Thursday.

Transactions on UPI have grown by over 50 per cent (year-on-year) and August saw 6.58 billion monthly transactions. 

In July, the digital payments network had registered 9.96 billion transactions.

UPI crossed 1 billion monthly transactions for the first time in October 2019.

The UPI transactions rose manifolds between 2018 and 2022 in terms of value as well as volume, by 1,320 per cent and 1,876 per cent, respectively.

In 2018, UPI transactions in terms of volume stood at 374.63 crore, which went up by 1,876 per cent to 7,403.97 crore in 2022.

In terms of value, the UPI transactions were Rs 5.86 lakh crore in 2018, which went up by 1,320 per cent to Rs 83.2 lakh crore in 2022.

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RBI had in February this year allowed access to foreign nationals and NRIs visiting India by enabling them to make payments using UPI while they are in India.

This facility has been extended to travellers from G20 countries at select international airports (Bengaluru, Mumbai and New Delhi) for their merchant payments.

The National Payments Corporation of India (NPCI) has said that the facility is allowed for 10 countries namely Singapore, Australia, Canada, Hong Kong, Oman, Qatar, the US, Saudi Arabia, the UAE and the UK.

The UPI acceptance in foreign countries started in 2022.

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Tesla recalls more than 2 mn vehicles in US over warning lights issue

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San Francisco, Feb 3 (IANS) Elon Musk-run Tesla is recalling more than two million vehicles — almost all of the cars it sold in the US — due to incorrect font size on warning lights.

According to a recall notice filed with the US National Highway Traffic Safety Administration (NHTSA), the recall of almost 2.2 million vehicles includes nearly all Tesla EV models, including Model S, Model X, 2017-2023 Model 3, Model Y, and 2024 Cybertruck vehicles.

“An incorrect font size is displayed on the instrument panel for the Brake, Park, and Antilock Brake System (ABS) warning lights. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 105, ‘Hydraulic and Electric Brake Systems’ and 135, ‘Light Vehicle Brake Systems’,” the notice reads.

The NHTSA also noted that warning lights with a smaller font size can make critical safety information on the instrument panel difficult to read, increasing the risk of a crash.

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Tesla has started releasing an over-the-air software update free of charge to fix the issue.

According to the agency, owner notification letters are expected to be mailed on March 30, 2024.

In recent months, safety concerns have prompted Elon Musk’s electric vehicle company to issue multiple recalls.

Last month, Tesla recalled more than 4,000 Model 3 and Model Y vehicles made between 2022 and 2023 in Australia due to a software issue.

In December last year, Tesla recalled more than 2 million vehicles in the US to address a “defect” with Autopilot, the company’s controversial advanced driver-assist system.

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SpaceX invites research proposals for Dragon human spaceflight missions

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San Francisco, Feb 3 (IANS) Elon Musk-run SpaceX has quietly invited proposals for exceptional science and research ideas that will enable life in space and on other planets, to be executed on orbit using its Dragon spacecraft capsule.

Research proposals submitted to SpaceX will be reviewed and evaluated based on mission objectives, scientific and technical merit, and feasibility.

“Research proposals for Dragon human spaceflight missions will be accepted through March 15, 2024, and may be included in missions as early as late 2024,” said SpaceX.

The company has discussed using Dragon as an orbital lab, similar to the International Space Station (ISS), going back a decade. NASA has spent years studying the effects of microgravity on the human body.

The SpaceX proposals should focus on innovative solutions to increase efficiency and effectiveness, specifically focused on time efficiencies, resources required, equipment and protocols, and efficacy assessments.

They should also focus on tools that enhance health and well-being during long-duration missions, specifically focused on medical capabilities, virtual or augmented reality as a multipurpose tool, inflight health, and just-in-time training, according to SpaceX.

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“As the world’s leading launch service provider, SpaceX enables researchers the opportunity to frequently fly critical science to orbit on the Dragon spacecraft, which has carried over 1,000 research experiments to and from low-Earth orbit and the International Space Station since 2012,” said the company.

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Time to transform cybersecurity as good vs bad GenAI debate rages

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Bangkok, Feb 3 (IANS) As industries, governments and law enforcement agencies all over the world struggle to keep up with the vast and ever-evolving cybercrime ecosystem, specialist cyber defenders building and upgrading firewalls, say that sensitisation and prevention are always better than cure. And it is the Generative AI itself that can do the saving.

Much like what Dutch philosopher Desiderius Erasmus said around 1500 BC and is now a principle of modern strategies — ‘prevention is better than cure’ — this health tip may help organisations/individuals to safeguard their data and systems and also secure their unhindered growth.

In achieving the safety targets and ensuring high efficiency, the defenders are continuously working on finding solutions. Organisations worldwide are increasingly turning to these defender groups for guidance, not only on their cyber security solutions, but also for regulations and building cyber resilience.

Dr Dorit Dor, one of the world’s leading women in the cyber world and the Chief Technology Officer at Check Point Software, told IANS here that it is the organisations themselves which have to build a system that ensures safety.

“First thing to understand is that you need to build an architecture. You need to map the elements, the module, how they interrupt and decide what kind of security you build at every juncture or entry point. It not only has to be active, it has to be proactive also. You have to sit down and build an architecture of how you secure it,” Dr Dor emphasised.

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“Second, it has to be updateable. Things are changing very fast. It is not that you did security architecture a few years ago and you think you are secure. That’s not going to hold. The build-up of the architecture has to be such that elements would get updated all the time, it has to be like living all the time. The baseline design and the capability of the design are very important.

“Third element is to learn from the cases in other industries or places and inside your own organisation. Maybe you have blind spots or weak spots that need to be fixed. The system needs to be alive all the time. There’s no scope for no updation.”

One of the key elements in effective cybersecurity in today’s world lies not only in robust systems but in continuous education and awareness. “Knowledge is as crucial as technology in this fight against cyber threats,” said Maya Horowitz, Vice President at Check Point Research.

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She said: “As cybercriminals grow more sophisticated, our approach to cybersecurity must be dynamic and proactive, not just a static line of defence. Just as da Vinci used his visionary mind to revolutionise art and science, we must harness similar innovation in cybersecurity to counteract the sophisticated cyber threats.”

While cybercriminals are using various phishing techniques, deepfakes and indulging in other coercive activities, awareness and continued updation is being stressed upon by the defenders, who also say that AI can be used to beat AI negativity as well.

Rupal Hollenback, President, Check point Software Technologies, told IANS: “Using AI to combat AI, to be predictive and using AI to get into prevention because the bad guy is at the door. You have to stop them at the gate. You have to be preventive. By harnessing AI you cannot only be preventative but also catch them down the street. You can use AI to sort of look at things like supply chain risk, threat intelligence from third parties and bring everything in and secure them.

“Having organisations put their heads in sand and say that it is not happening is not going to work. Being aware of it, well-trained, well informed, constantly learning and being educated all that time. That is the key.”

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As the number of individuals and organisations falling prey to criminals is increasing, cyber defenders stress the need to educate people about the perils. This could begin from school itself.

“The governments should think about it and make cyber education a part of the curriculum,” said Dr Dor.

As the world continues to grapple with the perils of technology advancement, which is likely to become more intense in future, governments and law enforcing agencies have a huge task at hand. The problem is aggravated by the bitter truth that the number of experts is far less than criminals.

Hollenback said that hackers can be anyone–anyone that can write a good phishing mail.

“Generative AI has democratised bad action, hackers getting sophisticated. Anyone can be a hacker…I can write amazing phishing mail! Regardless of the blocks there are, I can get you to click on links by all using generative AI tools. If I can make everyone a bad actor, I cannot make everyone a cyber security expert. So, for a company like ours, we are using AI to combat AI. AI for good has to combat AI for bad. There is no other way.”

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Some customers had tears in their eyes at Vision Pro launch: Tim Cook

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San Francisco, Feb 3 (IANS) As Apple CEO Tim Cook greeted first customers of the $3,499 mixed reality (MR) headset Vision Pro, he realised some of them even had tears in their eyes as they either bought the device or tried it out for the first time.

Cook arrived at Apple’s Fifth Avenue store in New York City to greet the customers on the first day of the sale of the much-anticipated headset.

“What a thrilling morning celebrating the launch of Apple Vision Pro at Apple Fifth Avenue! The era of spatial computing has arrived,” Cook posted on X, with some images from the NYC store.

“Seeing people’s reactions to trying Apple Vision Pro for the first time today was wonderful. Some people had tears in their eyes! Our mission is to enrich people’s lives, and I could feel that happening in real time. What a day,” Cook further posted.

Apple let people see the demo of the headset at its stores on a first-come, first-served basis. The company also allowed customers to reserve time for a demo starting on Monday, February 5.

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The tech giant has announced more than 600 apps and games designed for Apple Vision Pro headset.

Spatial experiences Vision Pro can transform any room into a personal theatre for sports, TV shows, and films; unlock new ways to collaborate, create, and view digital content; and transport users to stunning gameplay environments and exciting new places.

“With more than 600 new spatial experiences to explore in the all-new App Store, alongside more than 1 million compatible apps across iOS and iPadOS, users can discover a wide array of apps that expand the boundaries of what’s possible,” said Susan Prescott, Apple’s vice president of Worldwide Developer Relations.

Apple Vision Pro features ultra-high-resolution displays that deliver more pixels than a 4K TV for each eye, so users can watch their favourite content on a 100-foot screen.

Sports fans will love the viewing experience on Vision Pro, with apps like PGA TOUR Vision, which uses real-time shot tracking layered on top of 3D models of real golf courses alongside key stats — including leaderboards, scorecards, schedules, course information, and other tournament details — to bring the tour to life in a user’s space.

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Alongside Disney+, top entertainment apps have taken advantage of the unique capabilities of Apple Vision Pro to offer all-new ways for viewers to view their favourite movies, shows, and more.

“With the Max app for Apple Vision Pro, fans can transform their space using the Iron Throne Room environment for an immersive experience that brings viewers into the iconic Red Keep,” said Casey Bloys, Chairman and CEO of HBO and Max Content.

On Apple Music, listeners can download and stream more than 100 million songs ad-free with Spatial Audio featuring Dolby Atmos and Lossless Audio with ultra-low latency using AirPods Pro (2nd generation) with USB-C.

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Apple made it ‘very difficult’ to build rival app stores in EU: Zuckerberg

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San Francisco, Feb 2 (IANS) Apple has made it very difficult for others to build rival app stores in the European Union (EU), Meta founder and CEO Mark Zuckerberg has said.

Apple maintains that side-loading represents a security threat. However, the EU’s upcoming Digital Markets Act (DMA) has forced the tech giant to make App store changes in the region, including new fees.

“I don’t think that the Apple thing is going to have any difference for us. Because I think that the way they have implemented it, I would be very surprised if any developer chose to go into the alternative app stores that they have,” Zuckerberg told analysts during the company’s fourth quarter earnings call late on Thursday.

“They’ve made it so onerous, and I think so at odds with the intent of what the EU regulation was, that I think it”s just going to be very difficult for anyone, including ourselves, to really seriously entertain what they’re doing there,” he added.

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After Epic Games CEO Tim Sweeney and Spotify CEO Daniel Ek, Microsoft has also criticised Apple App Store changes in the EU, calling those “a step in the wrong direction.”

The new App Store changes, announced ahead of the EU Digital Markets Act (DMA) in March, will require developers using third-party app stores to pay 0.50 euro for each annual app install after 1 million downloads.

Apple will also still take a 17 per cent commission from the developers who choose to use third-party payment processors.

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