The Top Ten cyber crime news summaries on The420 are meticulously curated by Future Crime Researchers from the Future Crime Research Foundation (FCRF) and powered by Algoritha Security Pvt. Ltd. These summaries feature the most critical cyber crime developments from around the world. Keep reading—and stay safe.
1. Odisha CID Busts ₹9 Crore Investment Fraud, Nabs Two from Punjab
Odisha CID uncovered a ₹9 crore investment scam, arresting two suspects from Punjab. The duo allegedly ran a fake investment scheme targeting hundreds across states. Victims were promised high returns but were defrauded instead. Authorities seized digital evidence and are expanding the probe to trace other members of the racket.
2. Cybercriminals Impersonate Municipal Officials to Scam Traders in Karimnagar
In Karimnagar, cyber fraudsters posing as municipal staff duped local traders. Pretending to collect dues or impose penalties, the gang extracted payments via digital wallets. Victims realized the fraud too late. Police have registered a case and are using digital forensics to identify the culprits and prevent further incidents.
3. Man Duped of ₹73.65 Lakh in Sophisticated Cyber Fraud
A man was conned out of ₹73.65 lakh in an elaborate cyber scam involving fake investment schemes and fraudulent transactions. The victim was misled through convincing digital communications. Authorities are investigating financial trails, tracing linked bank accounts, and suspect the involvement of an organized cybercrime syndicate operating across state borders.
4. Retired Police Officer Loses ₹4 Lakh to Online Scam
A retired police officer fell prey to a cyber scam, losing ₹4 lakh to a fraudster posing as a government representative. The scammer manipulated him with legal threats and urgency. Police have filed a case and launched an investigation to trace the digital footprints and identify the accused involved.
5. Mastermind Behind Digital Arrest Scam Targeting 75-Year-Old Apprehended
Police arrested the mastermind of a digital arrest scam that targeted a 75-year-old senior citizen. The fraud involved impersonation of law enforcement and threats under false legal pretenses to extort ₹1 crore. Authorities traced the accused through digital payments and call records. Further arrests in the case are expected.
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6. Ingram Micro Resumes Limited Operations After Ransomware Attack
Ingram Micro, a global IT distribution giant, has restarted partial operations after a ransomware attack disrupted services. The company worked with cybersecurity experts to contain the breach and is gradually restoring systems. While full recovery is ongoing, critical functions have resumed for select clients as investigations into the incident continue.
7. U.S. Imposes Sanctions on North Korean Hacker Linked to Fake IT Job Scam
The U.S. Treasury has sanctioned a North Korean hacker affiliated with the Andariel group for orchestrating fraudulent remote IT job schemes. These scams aimed to infiltrate Western firms, steal data, and fund North Korea’s weapons programs. The sanctions target both individuals and associated digital wallets used in illicit transactions.
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8. U.S. Agencies Warn Iranian Hackers Still Pose Threat to Domestic Networks
U.S. federal agencies have issued a joint advisory warning that Iranian-backed cyber groups continue to target critical infrastructure and private entities. Despite previous crackdowns, the hackers remain active, using advanced phishing and exploitation tools to gain access. Organizations are urged to bolster cybersecurity defenses and monitor for suspicious activities.
9. Hackers Exploit Shellter Tool to Distribute Infostealing Malware
Cybercriminals are misusing the Shellter red teaming tool to embed infostealers into legitimate software, bypassing detection systems. The technique enables stealthy malware distribution targeting corporate and individual users. Security researchers urge red teamers to monitor misuse and recommend that organizations implement stronger endpoint detection and behavioral monitoring solutions.
10. South Africa Emerges as Prime Target for Global Cybercriminals
South Africa has become a major hotspot for international cyberattacks, with rising incidents of ransomware, financial fraud, and data breaches. Experts attribute this trend to weak cybersecurity infrastructure and growing digital dependence. Authorities are ramping up enforcement, but experts stress the urgent need for nationwide awareness and tech investment.