Top 10 Daily Cybercrime Brief by FCRF [21.02.2025]: Click here to Know More

Swagta Nath
5 Min Read

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. Rs 62.46 Lakh Recovered for Cyber Fraud Victims in Hyderabad via Court Orders

The Hyderabad Cyber Crime Police facilitated the refund of Rs 62.46 lakh to victims of online fraud in 16 cases. Scams included stock trading, fake courier calls, and loan frauds. The refunds, ordered by the Magistrate XII ACMM Court, were processed by banks. Police urged citizens to stay alert against impersonation scams.

2. Fatehgarh Sahib Police Crack 27 Cyber Fraud Cases

Fatehgarh Sahib police solved 27 cyber fraud cases, refunding Rs 50 lakh to victims with court assistance. SSP urged awareness, warning against sharing OTPs and clicking unknown links. SP advised caution against scam calls and fraudulent investment schemes. Victims expressed gratitude for the swift police action.

3. Gujarat Allocates Rs 352 Crore to Combat Cybercrime and Drug Trafficking

The Gujarat government allocated Rs 352 crore to combat cybercrime and drug peddling, announcing a Cyber Centre of Excellence and an Anti-Narcotics Task Force. The 2025-26 budget includes Rs 30 crore for Cyber Forensic Units in districts and Rs 299 crore for cybersecurity staffing. Additional funds support law enforcement infrastructure and specialized squads.

4. Kozhikode Student Arrested for Selling Explicit Images of Classmates, Teachers

A Kozhikode student, from Thikkodi, was arrested for secretly photographing classmates and teachers and selling the images on Telegram. The Kasaba Police took him into custody after students reported his suspicious behavior. He was later released on bail. Authorities are investigating the cybercrime and privacy violation case.

5. Cyber Fraudsters Dupe Teacher of Rs 15.5 Lakh

A Gandhidham teacher, lost Rs 15.5 lakh to cybercriminals posing as Mumbai Crime Branch officials. Using fake documents and coercion, they accused her of money laundering, citing Aadhaar-linked fraud. Threatened with a “digital arrest,” she was forced to transfer funds. Police are investigating the cyber extortion case.

INTERNATIONAL

6. US Minerals Company Loses $500K to Email Hackers

Cybercriminals hacked NASDAQ-listed NioCorp on Valentine’s Day, stealing $500,000 in a business email compromise (BEC) scheme. The company reported the breach to regulators, financial institutions, and law enforcement while investigating the impact. NioCorp, focused on mining critical minerals, faces potential financial strain if the stolen funds cannot be recovered.

7. Stolen Credentials Pose Rising Threat, Warns New Jersey Report

A New Jersey report warns of rising cyber threats, with stolen credentials posing major risks to public agencies and businesses. Over 28,000 compromised credentials were recorded, mostly in education. Ransomware attacks surged, with demands averaging $1.9 million. Officials stress proactive defense as cybercriminals increasingly target critical infrastructure and public services.

8. Ghost Ransomware Continues Targeting IT Departments with Poor Security

The FBI and CISA warn of ongoing Ghost ransomware attacks, targeting unpatched vulnerabilities in Microsoft, Fortinet, and Adobe systems. The Chinese-linked group exploits known flaws to deploy Cobalt Strike, steal credentials, and disable security tools. Experts advise patching systems, monitoring PowerShell activity, and maintaining secure backups to prevent infections.

9. LCA Warns Against Overreach in Cybercrime Crackdown

Australia’s Independent National Security Monitor reviewed the Surveillance Legislation Amendment (Identify and Disrupt) Act 2021, granting AFP and ACIC new cybercrime warrants. The Law Council cautioned against excessive surveillance, stressing the need for proportionality while combating cyber threats. The warrants allow data disruption, network activity monitoring, and account takeovers.

10. Emirates Alerts Customers on Fake First-Class Membership Phishing Scams

Workshops and training programs are launching to combat rising phishing scams. Emirates warned of fake first-class membership ads, urging vigilance. Experts stress a zero-trust approach, multifactor authentication, and cybersecurity education. With cybercrime costs soaring, initiatives like Dubai’s cybersecurity boot camp aim to bridge the skills gap and enhance digital safety.

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