Cyber Crime
Top 10 Daily Cybercrime Brief by FCRF [05.03.2025]: 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. Cybercrime Victim Recovers Rs 26 Lakh with Police Action
Indore Police Crime Branch recovered Rs 26.45 lakh for a retired professor who lost Rs 33 lakh in a cyber scam. Fraudsters posing as FedEx and Delhi Cyber Crime officials tricked him into transferring money under a fake investigation. Police froze 49 accounts, securing partial recovery, with further action underway.
2. Cyberabad Police Arrest 161 in 82 Cybercrime Cases
Cyberabad Police arrested 161 people linked to 82 cybercrime cases, including 82 involved in 37 trading frauds. A special drive in January-February led to the arrests, including four habitual offenders. Police seized 93 SIM cards, 37 cheque books, 22 passbooks, 23 debit cards, four laptops, a car, and other items.
3. Lok Sabha MP’s Secretary Duped in Cyber Scam
A Lok Sabha MP’s personal secretary lost Rs 1.28 lakh to fraudsters after calling a fake helpline for a train ticket issue. Scammers made three fraudulent transactions from his account. He filed a complaint via the NCRP, and Cyber Police in New Delhi launched an investigation after registering an FIR.
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4. Manipur Police Arrests Teacher for Leaking Exam Paper Online
Manipur Cyber Crime Police arrested a teacher for leaking the Class 12 Physics question paper after COSEM’s complaint. An FIR was registered on March 3, 2025, after the paper circulated online. Investigators traced the leak to a Physics teacher at Paradise, leading to his arrest.
5. 65-Year-Old NRI Doctor Loses Rs 9.77 Lakh in Cyber Fraud
A retired Mumbai doctor lost Rs 9.77 lakh in cyber fraud without sharing OTP or banking details. While in the U.S., he received alerts of unauthorized transactions from his NRE account. He reported the fraud to his bank and later filed a complaint with Oshiwara Police, prompting an ongoing investigation.
INTERNATIONAL
6. North Korea’s Lazarus Group Launders $1.39B in Ethereum Amid Crypto Theft
North Korea’s Lazarus Group laundered $1.39 billion in Ethereum stolen from Bybit in a sophisticated cyber heist. Exploiting wallet vulnerabilities, the hackers swiftly dispersed funds across multiple addresses using mixers and chain-hopping. Experts warn the stolen assets may fund North Korea’s weapons programs, raising global security concerns and regulatory scrutiny.
7. Scammers Send Ransom Letters Posing as BianLian Ransomware Group
GuidePoint Security uncovered a scam where fraudsters mailed fake ransom letters posing as the BianLian ransomware group. The letters, sent via USPS, demanded $250K-$350K in Bitcoin, falsely claiming corporate data breaches. Investigators found no evidence of intrusions, identifying the campaign as an impersonation scam to exploit fear for financial gain.
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8. Cybercrime Gang Resold Hundreds of Stolen Swift Concert Tickets, Say Prosecutors
A cybercrime crew stole and resold over 900 digital tickets for Taylor Swift, Adele, and Ed Sheeran concerts, NBA games, and the U.S. Open via StubHub, earning $600,000. Two suspects were arrested in New York. StubHub reported the scam, cut ties with a vendor, and refunded affected customers.
9. HUB24 Group Unveils Cybersecurity Education Initiative
HUB24 launched CyberHUB to educate financial advisers on cybersecurity risks and solutions. With cybercrime costs rising, advisers face threats due to reliance on email for sensitive data exchange. Experts urge adopting secure client portals as firms seek stronger protections, recognizing cyber incidents as inevitable in the evolving financial advice industry.
10. EFCC and France Partner on Cyber Investigations and Asset Tracking
The EFCC and France reaffirmed their partnership in cybercrime investigations, asset tracking, and security training. During a visit to Abuja, French official Lt. Gen. Regis Colombet emphasized global collaboration against financial crimes. The partnership includes specialized training programs to strengthen cybersecurity efforts and combat transnational financial offenses effectively.