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. Mumbai Reports 20,000 Cyber-Fraud Cases In 5 Years, Losses Reach ₹2,000 Crore
Mumbai has recorded over 20,000 cyber-financial fraud cases in the last five years, with victims collectively losing around ₹2,000 crore. The most common tactics include card-cloning, OTP scams, fake investment pitches and identity theft. Police say rapid digital adoption, low cyber-awareness and sophisticated scam syndicates are driving the surge.
2. Bengaluru Senior Citizen Loses ₹1.33 Crore In Fake IPO Investment Scam
A 74-year-old Bengaluru resident was cheated of ₹1.33 crore after scammers convinced him to invest in a fake IPO promising “priority allotment.” Victims were directed to forged portals and manipulated using high-pressure calls. Investigators say fake-IPO scams are increasing, particularly targeting retirees looking for secure, high-return options.
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3. Cheapfakes And AI Scams Exploit Freebies Narrative To Target Low-Income Indians
Scammers are circulating AI-generated cheapfakes showing political leaders announcing fake welfare schemes and cash benefits. Victims are tricked into paying “registration” or “processing” fees. Experts warn these AI scams are designed to exploit economically vulnerable groups who rely on government schemes, making verification and digital literacy crucial.
4. UP Woman Duped Of ₹30.63 Lakh In ‘Jewellery Delivery From London’ Scam
A woman from Uttar Pradesh lost over ₹30 lakh after being told she would receive expensive jewellery from London but needed to pay customs, tax and clearance charges. Fraudsters staged continuous calls from fake courier agents and officials until the victim paid multiple instalments. The scam mirrors rising cross-border parcel cons.
5. Fake Consultants On Social Media Lure Users Into Crores-Worth Investment Frauds
A cybercrime racket posing as online investment experts targeted social-media users with promises of lucrative short-term trades. At least four suspects have been arrested. Victims were added to manipulated trading groups where fake profits were displayed before pushing them to “upgrade plans,” leading to massive financial losses.
6. WhatsApp Groups Managed By Telangana Ministers’ Teams Hacked
Several WhatsApp groups operated by teams of Telangana ministers were reportedly compromised, allowing attackers to send misleading messages and collect personal data of members. Investigators suspect targeted social-engineering and session-hijacking techniques. Authorities are working to secure communication channels across official teams.
INTERNATIONAL
7. Philippines Deports Chinese Nationals Linked To Illegal Online-Gaming Cyber-Fraud
Authorities have deported multiple Chinese nationals alleged to be part of illegal online gaming operations involved in cyber-fraud, fake betting rooms and financial manipulation. Investigators say these networks launder money globally using cryptocurrency and proxy accounts, making cross-border enforcement essential.
8. Myanmar Crackdown Detains Nearly 1,600 People In Anti-Scam Raids
Security forces in Myanmar have detained nearly 1,600 individuals during a major crackdown on scam compounds. These centres allegedly run forced-labour cyber-fraud operations including romance scams, crypto-investment traps and fake loan schemes. Many detainees are foreign nationals trafficked into these facilities and forced to scam victims abroad.
9. Global Surge In Ransomware Attacks As New Variants Hit Enterprises
Cyber-security researchers report a major rise in ransomware incidents this month, with several new strains capable of faster lateral movement and double-extortion tactics. Criminal groups are increasingly targeting critical services, manufacturing firms and healthcare providers, prompting governments to boost cyber-preparedness alerts.
10 . Critical RCE Vulnerability Found In Oracle Identity Manager Software
Security analysts have discovered a remote-code-execution flaw in Oracle’s identity management suite that could allow attackers to take full control of enterprise authentication systems. The vulnerability affects widely used configurations. Experts warn organisations to patch immediately due to the high risk of credential theft and supply-chain infiltration.
