Cyber Crime
Top 10 Daily Cybercrime Brief by FCRF [18.11.2024]: 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. Mother of SGPGI doctor falls prey to cybercrime
Cybercriminals duped a 69-year-old retired teacher and mother of an SGPGI doctor in Lucknow of Rs18 lakh, keeping her under digital house arrest for a week. Posing as officials from SBI, the Mumbai Crime Branch, and the CBI, they coerced her into transferring money until her family intervened and reported the crime.
2. Ex-TISS principal targeted in ‘digital arrest’ fraud scheme
A 72-year-old retired TISS principal in Mumbai lost Rs 4 lakh to cyber fraudsters under the pretext of a ‘digital arrest.’ Posing as SBI executives and CBI officers, the scammers tricked her into breaking fixed deposits and transferring funds. A friend identified the scam, prompting her to report the crime.
3. Gurugram police uncover Rs 33.50 crore nationwide cyber fraud network
Gurugram Police arrested 11 cybercriminals linked to 9,226 fraud complaints worth Rs 33.50 crore across India. Involved in online scams, fake IDs, and task-based fraud, they were caught with Rs 14.47 lakh and mobile devices. Gurugram Police also arrested 20 bank officials in six months for aiding such crimes.
4. Kerala auto driver’s bank account used to scam Tamil Nadu businessman of Rs 2.2 crore
A Tamil Nadu businessman was defrauded of Rs 2.2 crore by cybercriminals posing as SEBI-approved Forex traders. The fraudsters used the bank account of a Kerala auto driver, who shared his details for a commission. They gained trust with fake references and convinced the victim to invest progressively larger amounts.
5. Grocer duped of Rs 10 lakh twice in job scam and ‘digital arrest’ fraud
A Rewa grocery store owner, Nitin Verma, lost Rs 10 lakh in two cyber fraud incidents. Initially tricked under a work-from-home scheme, he later fell for a scam involving his Aadhaar number and unlawful transactions. Held under “digital arrest” for six hours, he eventually reported the crime after neighbors intervened.
INTERNATIONAL
6. New warning issued: Avoid holding the Ctrl key amid surge in cyber attacks
Cybercriminals used two-step phishing with Microsoft Visio files to evade detection. Perception Point researchers warn these attacks layer malicious content to bypass defenses. To mitigate risks, users should exercise caution with unexpected attachments and adopt robust security measures against evolving threats in modern cybercrime.
7. Hitachi partners with Cynamics to introduce advanced Israeli cybersecurity tech in Asia
Hitachi partnered with Israeli cybersecurity firm Cynamics to offer cutting-edge Network Detection and Response (NDR) solutions in Asia. The collaboration leverages AI and machine learning to address current and future threats, aiming to establish a new cybersecurity standard across the region while enhancing digital transformation efforts for businesses.
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8. Cybercriminals exploiting NBR servers with ease
Hackers accessed the NBR customs server, bypassing multi-factor authentication to clear a container of falsely declared cigarettes worth Tk 6 crore. Investigators revealed that no OTP was sent to the account holder’s registered phone, highlighting a significant security lapse in protecting sensitive systems.
9. Binance Founder Zhao Confirms Hack of Giggle Academy’s X Account
The X account of Binance founder CZ’s educational platform, Giggle Academy, was hacked, spreading phishing links and misinformation. Efforts are underway to regain control and restore trust. The breach underscores the critical need for stronger cybersecurity measures for platforms focused on global digital education.
10. Thala Labs probes exploit leading to $25.5M cryptocurrency theft
Thala Labs, part of the Aptos ecosystem, suffered a $25.5M DeFi hack due to a farming contract vulnerability. Swift collaboration with law enforcement led to asset recovery through a $300K bounty agreement. Thala froze operations to re-audit systems, emphasizing ongoing risks to decentralized finance platforms.