Cyber Crime
Top 10 Daily Cybercrime Brief by FCRF [11.12.2024]: 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. Delhi Police Arrest Cyber Criminal in Rs 1.42 Lakh Fraud
Delhi Police arrested Alish Hirani, accused of laundering Rs 1.42 lakh stolen via a social media scam promising stock investments. Hirani allegedly collaborated with Chinese handlers, using fake bank accounts to convert stolen money into cryptocurrency and transferring it overseas for commissions.
2. Government Intensifies Cybercrime Prevention Efforts
The government informed Parliament about freezing 6.69 lakh SIM cards and 1.32 lakh IMEI numbers linked to cyber fraud. Key measures include real-time collaboration via the Cyber Fraud Mitigation Centre, blocking 8.6 lakh mule accounts, and strengthening cybersecurity through Cyber Swachhta Kendra and National Cyber Coordination Centre.
3. Digital Arrest: Three Tamil Nadu Men Held in Rs 3.8 Crore Scam
Tamil Nadu Police exposed a Rs 3.8 crore “digital arrest” scam. Fraudsters impersonated law enforcement officials, threatening victims with false arrest warrants for alleged money laundering. Three individuals providing mule accounts to scammers were arrested, revealing the scheme’s fear-driven extortion tactics.
4. Gujarat Trio Arrested for Rs 7 Crore Cyber Scam
Madhya Pradesh police arrested three Gujarat men for duping victims across 16 states of Rs 7 crore via a fake trading app. The app misrepresented investments, leading to significant losses. The arrests revealed a complex multi-layered scam.
5. Mumbai Man Loses Rs 11.1 Crore in WhatsApp Scam
A 75-year-old Mumbai resident lost Rs 11.1 crore to WhatsApp scammers posing as a share trading firm. Similar scams include a Delhi businessman losing Rs 12 crore via Facebook. Fraudsters promise exorbitant returns but vanish after defrauding victims.
INTERNATIONAL
6. US Sanctions Chinese Firm for Deadly Ransomware Attack
The US sanctioned Sichuan Silence Information Technology and researcher Guan Tianfeng for a 2020 ransomware attack affecting 81,000 firewalls worldwide. The attack exploited software vulnerabilities, threatening critical systems globally.
7. Androxgh0st Malware Targets IoT and Critical Infrastructure
Androxgh0st malware, integrated with the Mozi botnet, exploits IoT vulnerabilities for DDoS attacks, data theft, and persistent breaches. This advanced malware endangers critical infrastructure, emphasizing the need for robust security measures.
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8. Action Fraud Unveils 12 Christmas Fraud Types
Action Fraud launched a campaign highlighting 12 common fraud types during Christmas, including phishing, online shopping scams, and investment fraud. The 2023 festive season saw £224 million in losses, urging people to adopt strong passwords, enable 2SV, and verify sources before transactions.
9. Fake Recruiters Spread Banking Trojans via Apps
Scammers impersonate recruiters to distribute banking trojans through malicious apps, stealing credentials and funds. Victims are lured via phishing emails and fake job offers. Cybersecurity experts warn against downloading apps from unknown sources.
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10. Phone Phishing Gang Busted in Belgium and Netherlands
Authorities in Belgium and the Netherlands arrested eight suspects in a phone phishing scam targeting financial data. The operation involved phishing messages and fake calls posing as bank officials. Police seized luxury items, cash, and electronics during the raids.
