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. Centre Approves CBI Probe Into Odisha Recruitment Scam
The Central Government has given approval for a CBI investigation into the alleged recruitment scam involving 933 Sub-Inspector posts under the Odisha Police. The examination, which had over 1.5 lakh applicants, is suspected to have been manipulated by a powerful inter-state racket, raising serious concerns about corruption in government recruitment procedures.
2. Rs 58 Crore Digital Arrest Network Under Probe In Mumbai
Mumbai Cyber Police have launched a detailed investigation into a digital-arrest scam that defrauded a businessman of nearly ₹58 crore. Fraudsters posing as law enforcement officials allegedly coerced the victim into transferring large sums under the pretext of legal action, revealing an elaborate syndicate operating across multiple countries.
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3. Goa Cash-For-Jobs Racket Widens As Accused Names Minister, IAS Officer
The Goa Police have expanded their investigation into the state’s growing cash-for-jobs scam after a key accused claimed involvement of a Cabinet minister and an IAS officer. The Chief Minister has ordered a new FIR and directed a thorough inquiry into how top officials may have enabled large-scale recruitment manipulation.
4. Finance Influencer Flags Hidden Call-Merge OTP Scam
Finance influencer Neha Nagar has sounded an alarm over a new “call-merge” OTP scam gaining traction across India. Victims are tricked into merging legitimate bank verification calls with fraudulent ones, allowing cybercriminals to intercept OTPs and wipe out accounts within minutes. Her viral reel has sparked renewed calls for digital awareness.
5. Police Move To Attach Properties Of Multi-Crore Fraud Accused In Trichy
Police in Trichy have begun proceedings to attach assets belonging to suspects in a multi-crore financial fraud case. The accused allegedly duped several investors through fake business and job offers. Authorities have urged citizens to verify the authenticity of online schemes and report suspicious financial activities immediately.
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6. Chinese Cryptoqueen Zhimin Qian Under Global Scrutiny
Zhimin Qian, often dubbed China’s “Cryptoqueen,” is under global investigation for allegedly masterminding a large cryptocurrency empire accused of defrauding investors. Once hailed as a fintech pioneer, she now faces allegations of manipulating digital assets and laundering funds across borders, exposing loopholes in international crypto regulations.
7. Danabot Malware Resurfaces With Version 669 Targeting Banks And Crypto Users
Cyber experts have confirmed that the notorious Danabot malware has resurfaced in a new form — version 669. This upgraded variant is capable of stealing banking credentials, crypto wallet keys, and sensitive data through phishing campaigns. Researchers warn financial institutions to enhance threat detection amid the malware’s rapid global spread.
8. Google Maps Rivals Gain Ground Amid Privacy Concerns
Privacy worries and regional customisation demands are pushing users toward alternatives to Google Maps. Several domestic mapping startups are gaining traction by promising better data protection and local navigation accuracy. Experts believe this shift could reshape the digital mapping landscape and reduce reliance on Google’s global ecosystem.
9. Global Ad-Fraud Economy Hits $172 Billion
Digital advertising fraud has escalated into a $172 billion global underground economy, according to new assessments. Fake impressions, bots, and click farms are bleeding advertisers of revenue while diminishing campaign credibility. Analysts warn that without strict oversight, the digital marketing industry faces unprecedented financial and reputational damage.
10. SIAD Group Ransomware Attack Exposes Sensitive Data
A major ransomware attack on the Italy-based SIAD Group has compromised sensitive corporate and client information. The cyberattack disrupted operations and exposed critical industrial data. Experts have urged companies linked to the group to review data-sharing protocols and strengthen cybersecurity frameworks to prevent further breaches.
