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Top 10 Daily Cybercrime Brief by FCRF [03.12.2024]: Click here to Know More

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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. Cybercrime Ring Busted in Gurugram: Rs 74 Crore Duped Nationwide

Gurugram police arrested eight cybercriminals for defrauding 7,719 victims of Rs 74.2 crore nationwide over 6-8 months. Assisted by I4C, the investigation revealed 292 FIRs, including 24 in Haryana. Police seized mobile phones, traced bank accounts, and are working to freeze funds and recover the stolen money, officials said.

2. Fake CEO Scam: Employees Duped, Company Faces Rs 7 Crore Loss

Delhi Police’s IFSO revealed a new scam where fraudsters pose as CEOs or MDs on WhatsApp to trick employees into transferring funds. Over Rs 7 crore was stolen in three cases using urgent fake requests. Authorities urge firms to verify requests, educate staff on scams, and implement multi-level transaction approvals.

ALSO READ: FutureCrime Summit: Biggest Conference on Cyber Crimes Set to Return on February 13-14, 2025, in New Delhi

3. Cyber Fraud: 7 Arrested for Operating Mule Bank Accounts

The TG Cyber Crime Bureau registered a case against seven agents for opening mule accounts used by cyber fraudsters. Agents, earning up to Rs 1 lakh per account, facilitated crimes by supplying account details for commissions. Their role surfaced after 42 mule account holders were arrested and confessed involvement in Hyderabad.

4. Marriage Scam: Cyber Fraudster Nabbed in Bhopal

Bhopal Cybercrime Branch uncovered a matrimonial fraud involving six fake websites and call centres in Bilaspur, Chhattisgarh. The scam duped 500 victims, including one who lost Rs 1.5 lakh. Manager was arrested, revealing operations in Aligarh, Banaras, and Bilaspur. Police froze accounts and seized evidence, including phones and SIMs.

5. Mumbai Man Loses Rs 12.81 Crore in Digital Arrest Scam, Case Filed

A 56-year-old Chembur resident lost Rs 12.81 crore in a month-long cyber scam. Fraudsters, posing as police, claimed he was under ‘digital arrest’ for alleged crimes, coercing him to transfer funds to resolve the issue. Mumbai Cyber Police registered an FIR, identifying suspects and freezing accounts linked to the scam.

ALSO READ : Call for Speakers: FutureCrime Summit 2025 Opens Registrations for Experts in the Biggest Cybercrime Conference

INTERNATIONAL

6. Russia Detains Cybercrime Suspect Featured on FBI’s Most Wanted List

Russia has arrested, an alleged affiliate of LockBit and Babuk ransomware, indicted by the US in 2023 with a $10M bounty. Linked to 2,800 attacks causing $200M in damages, arrest sparks speculation about motives, including possible financial pressures from Russia’s war efforts and sanctions.

7. AWS Launches Cloud Security Incident Response Service for $7K Monthly

Amazon Web Services launched a new Security Incident Response service starting at $7,000/month, using AI and automation to detect and manage threats. The service integrates with Amazon GuardDuty and Security Hub, offers a centralized console, and provides 24/7 expert support. Available in 12 regions, it targets enterprise-level cloud security needs.

8. 760K Employee Records from Xerox, Nokia, and More Leaked Online

A massive data breach linked to the MOVEit vulnerability has exposed personal details of over 760,000 employees from companies like Xerox, Nokia, Bank of America, and Morgan Stanley. Data leaked by “Nam3L3ss” includes names, emails, phone numbers, job titles, and badge IDs, posing significant risks for social engineering attacks.

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9. Zabbix Advises Immediate Upgrade Following Critical SQL Injection Vulnerability

Zabbix warns users of a critical SQL injection vulnerability (CVE-2024-42327) affecting multiple versions, risking full system compromise. Exploitable via API access, the flaw scores 9.9 on CVSS. Users should upgrade to patched versions immediately. SQL injection vulnerabilities remain a significant threat, often linked to ransomware and large-scale data breaches.

10. UK Security Chief Warns of Underestimated Cyber-Attack Threats from Hostile States

UK cybersecurity chief warns of rising cyber threats from hostile states like Russia and China and criminal gangs. NCSC reports 430 incidents in a year, with ransomware attacks targeting critical sectors. Horne urges stronger defenses as threats outpace current protections, emphasizing the human costs of cyberattacks.

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