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. Two Arrested in ₹5.5-Crore Cyber Fraud Case
Police have arrested two persons in connection with a ₹5.5-crore cyber fraud case involving online deception and financial manipulation. Investigators said the accused allegedly routed stolen funds through multiple bank accounts and digital channels, as efforts continue to trace the wider network and recover remaining proceeds.
2. Mumbai Police Recover ₹2 Crore in ₹58-Crore ‘Digital Arrest’ Cyber Fraud Probe
Mumbai Police have recovered ₹2 crore while probing a ₹58-crore “digital arrest” cyber fraud case. Officials said victims were coerced by fraudsters impersonating law enforcement officers. The investigation is ongoing to identify additional accused, trace funds, and establish the full scale of the interstate fraud operation.
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3. Cambodia Job Scam Investigation Reveals Pakistan Link
Investigators probing a Cambodia-based job scam have uncovered links to handlers operating from Pakistan. Victims were allegedly lured with fake overseas employment offers and forced into cyber fraud activities. Authorities said the findings point to cross-border coordination, prompting deeper scrutiny of international trafficking and cybercrime networks.
4. Supreme Court Seeks Chief Justice’s Guidance on SOP for Freezing Bank Accounts in Cybercrime Cases
The Supreme Court has sought the Chief Justice’s direction on framing a standard operating procedure for freezing bank accounts in cybercrime cases. The move follows concerns over inconsistent practices affecting victims and account holders, with the court emphasising the need for clarity, safeguards, and uniformity in enforcement.
5. Hyderabad: Army Major, Realtor Duped of ₹1.75 Crore in Separate Investment Frauds
An Army major and a realtor in Hyderabad were cheated of a combined ₹1.75 crore in two separate investment fraud cases, police said. The victims were allegedly lured with promises of high returns through fake trading platforms and investment schemes before the fraudsters disappeared after receiving the funds.
INTERNATIONAL
6. Black Basta Ransomware Leader Placed on EU Most Wanted List, INTERPOL Issues Red Notice
European authorities have added the alleged leader of the Black Basta ransomware group to the EU’s Most Wanted list, while INTERPOL has issued a Red Notice. Officials say the suspect played a central role in coordinating global ransomware attacks targeting corporations and public institutions.
7. Malicious Chrome Extensions Impersonating Workday and NetSuite Used to Hijack Accounts
Security researchers have uncovered five malicious Chrome extensions impersonating Workday and NetSuite. The extensions stole login credentials and session data, enabling attackers to hijack corporate accounts and gain unauthorised access to sensitive business and employee information.
8. Ukraine–Germany Joint Operation Targets Black Basta Network, Russian Ringleader Sought
A joint law-enforcement operation by Ukraine and Germany has targeted the Black Basta ransomware network, with authorities seeking a Russian national believed to be a key leader. Officials said the action disrupted infrastructure linked to ransomware operations and strengthened international cooperation against organised cybercrime groups.
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9. Data Breach at Canada’s Investment Watchdog Exposes Information of 750,000 Individuals
Canada’s investment watchdog, the Canadian Investment Regulatory Organization, has disclosed a data breach impacting about 750,000 individuals. The incident exposed personal information, prompting regulatory reviews, forensic investigations, and notifications to affected stakeholders amid growing concerns over financial-sector cybersecurity.
10. Ransomware Attack Disrupts Operations at South Korean Conglomerate Kyowon
A ransomware attack has disrupted operations at South Korean conglomerate Kyowon. The company confirmed system outages affecting internal services while investigations continue. Cybersecurity teams are assessing the scope of the intrusion and potential data exposure linked to the attack.
