Cyber Crime
Top 10 Daily Cybercrime Brief by FCRF [13.12.2024]: 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. Senior Citizen Endures ‘Digital Arrest,’ Loses Rs 1.94 Crore to Cyber Fraud
A senior citizen lost Rs 1.94 crore to cyber fraudsters who held him under “digital arrest” for seven days, claiming his involvement in a money laundering case. Manipulated by fear, he transferred the money in multiple installments. The case is now under investigation by Bengaluru’s southeast CEN police.
2. High Court Advocate Scammed, Rs 14 Lakh Lost to Cyber Fraud
A Hyderabad High Court advocate lost Rs 13.75 lakh to cyber fraudsters posing as stock trading advisors. Lured with promises of high returns on NTPC Green shares, he invested via a fraudulent app. Realizing the scam when asked for additional charges, he reported the crime to the cybercrime wing, which is investigating.
3. India 2nd Globally in Encrypted Cyberattacks with 5.2 Billion Incidents
India ranked second globally in encrypted cyberattacks, recording 5.2 billion incidents between October 2023 and September 2024, according to Zscaler ThreatLabz. The United States led with 11 billion attacks. India surpassed countries like France (854 million), the UK (741 million), and Australia (672 million) in reported attack volumes.
4. 26-Year-Old from Mumbai Arrested for ‘Digital Detention’ of City Doctor
A 26-year-old Mumbai resident, was arrested for his role in a Rs 3.99 crore digital fraud linked to a Chinese-Cambodian gang. The gang forced an Ahmedabad doctor into a 10-day “digital arrest” under video surveillance, extorting the amount through threats. The case is under investigation.
5. Four Arrested in Bhubaneswar for Alleged Cyber Fraud Outside Odisha
Commissionerate Police detained four youths in Bhubaneswar for alleged cyber fraud during a raid on a Sundarpada apartment. SIM cards, mobile phones, laptops, and gaming links used for scams were seized. Linked to Delhi-based operators, they targeted victims via WhatsApp and Telegram. Police suspect a broader fraud network.
INTERNATIONAL
6. Over 300K Prometheus Instances Exposed, Leaking Credentials and API Keys Online
Cybersecurity researchers warn of risks to thousands of Prometheus servers, exposing credentials, API keys, and sensitive data. Attackers could exploit vulnerabilities for denial-of-service (DoS), remote code execution, and reconnaissance. Organizations are urged to secure servers with authentication, monitor activity, and prevent RepoJacking threats linked to third-party exporters.
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7. North Korea’s Fake IT Worker Scam Earned $88 Million Over Six Years
North Korea’s fake IT worker scams earned $88 million over six years, according to the US Department of Justice. DPRK techies masked identities to secure remote jobs, funneling proceeds to Pyongyang and extorting employers with threats to expose data. Two firms in China and Russia facilitated the scheme, employing 130 “IT warriors.”
8. Krispy Kreme Doughnut Corporation Acknowledges Security Breach
Krispy Kreme confirmed a cybersecurity incident disrupting online orders across parts of the US. Unauthorized access to IT systems was detected on November 29, prompting an investigation and remediation efforts with cybersecurity experts. The breach could significantly impact the company’s financial results, though its cybersecurity insurance may offset some costs.
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9. Money Mule Sentenced for Laundering Australian Funds
A Melbourne man was sentenced for laundering over $208,000 from business email compromise (BEC) frauds targeting Australian and overseas companies. Detected in 2022, the funds were dispersed through multiple accounts. The man pleaded guilty to money laundering and drug possession charges and received an 18-month Recognizance Release Order for good behavior.
10. Police Shut Down Rydox Cybercrime Market, Arrest Three Administrators
Albanian law enforcement, with international partners, seized the Rydox cybercrime marketplace and arrested three administrators, including two indicted by the U.S. Justice Department. Active since 2016, Rydox facilitated over 7,600 sales of stolen data and cybercrime tools to 18,000 users. Authorities also seized servers, cryptocurrency, and the Rydox domain.
