Cyber Crime
Top 10 Daily Cybercrime Brief by FCRF [07.09.2024]: Click here to Know More
Important global cybercrime news has been curated by Futurecrime Researchers to keep you informed about various types of digital fraud occurring worldwide and to provide insights into the best mitigation strategies. Read below to learn more in detail.
1. Nykaa Fashion takes legal action against former CBO over suspected data breach
Nykaa Fashion has filed a legal case against former Chief Business Officer Gopal Asthana, accusing him of data theft, violating confidentiality agreements, and poaching employees for Tata Cliq. Nykaa seeks Rs 19 crore in ESOP compensation and an injunction to prevent the misuse of proprietary data.
2. SCW conducts workshop on cybercrime and violence against women
The Special Cell for Women, in collaboration with the Women Police Station, conducted an awareness program in Kargil, educating students on cybercrime, gender-based violence, and women’s safety. Presentations, videos, and discussions aimed to foster respect and security in the community while addressing key social issues.
ALSO READ: Join The Movement: Registration Open for ‘Cyber Safe Uttar Pradesh’ Event by FCRF on October 17
3. Cybercriminals target ex-Union Home Secretary K. Padmanabhaiah
Cybercriminals attempted to scam former Union Home Secretary K. Padmanabhaiah using a package fraud scheme. Posing as FedEx employees, they claimed his name was linked to illegal shipments. The scam was thwarted, and the police have launched an investigation into the incident.
4. Tamil Nadu launches Cyber Security Policy 2.0
Tamil Nadu’s Cyber Security Policy 2.0 outlines measures to protect government assets through guidelines for audits, compliance, and threat monitoring. Applicable to all government entities and third-party stakeholders, the policy mandates annual training and backup procedures, ensuring robust cyber defense, incident response coordination, and infrastructure security across state departments.
5. pharmacist commits suicide after losing Rs 60 lakh to cyber fraud
Akshay Bahekar, a 51-year-old pharmacist in Nagpur, committed suicide after being duped out of Rs 60 lakh in a forex trading scam. The cybercriminals lured him with fake profits, leading him to transfer his savings. His detailed suicide note named the fraudsters involved in the scheme.
INTERNATIONAL
6. FBI and Singapore authorities investigate $27M cryptocurrency theft
Hackers stole $27 million in Ethereum from Penpie DeFi network. Despite Penpie’s plea for negotiation, funds kept moving across blockchain. Pendle’s security stopped $105M in further losses. Penpie plans another audit to fix vulnerabilities.
7. Nigerian brothers sentenced in U.S. for sextortion scheme targeting teens
Two Nigerian brothers were jailed for sextorting and causing the suicide of a US teen, Jordan DeMay. The first successful US prosecution highlights the growing sextortion problem tied to Nigeria.
ALSO READ: Future Crime Research Foundation (FCRF) and Bankers Institute of Rural Development (BIRD), NABARD Join Forces to Strengthen Cybersecurity in Rural Banking
8. Moscow hacker linked to cybercrime indicted by U.S. authorities
Deniss Zolotarjovs, a Moscow-based hacker linked to the Karakurt ransomware group, was extradited to the US. He faces charges for cybercrimes, including extortion, data theft, and money laundering.
9. Cyber attack hits St. Charles Parish Government
Hackers altered a vendor’s banking information via email compromise, leading to a fraudulent payment of over $1M. The parish is investigating the incident while their system remains uncompromised.
10. New Zealand grapples with financial scams amid rise in global cyberattacks
Gen’s report shows a 46% increase in cyberattacks, with New Zealand heavily hit by AI-powered financial scams. Ransomware attacks targeting consumers also rose by 24% globally.