Cyber Crime
Top 10 Daily Cybercrime Brief by FCRF [31.08.2024]: 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. PM Modi Calls on Regulators to Enhance Cyber Fraud Prevention at Global Fintech Fest
Prime Minister Narendra Modi highlighted government initiatives boosting the fintech sector, which has secured over $31 billion in a decade. At the Global Fintech Fest 2024, he called for stricter cyber fraud prevention and increased digital literacy. Modi praised fintech’s rapid adoption and its significant social impact, including bridging urban-rural financial gaps.
2. Delhi Police’s Operation Leads to 18 Arrests Across 7 States in Cyber Fraud Crackdown
A Delhi Police operation led to the arrest of 18 cyber fraudsters across seven states, seizing Rs 6.9 crore. The crackdown targeted fraud schemes like DTP fraud and phishing from regions including Jamtara and Tarapith. One case involved a wing commander duped of Rs 2.29 lakh, highlighting evolving cybercriminal tactics.
3. Cybercrime Hub Shifts from Jamtara to Tarapith: New Alert Issued
In a month-long multi-state effort, Delhi Police apprehended 19 individuals involved in various cybercrimes from areas like Jamtara and Tarapith. Authorities uncovered six fraud methods, including stock market scams and malware via apps. The operation resulted in the seizure of nearly Rs 7 crore and highlighted shifting fraud hotspots.
4. Pune Resident in Wanowrie Loses Rs 7.10 Lakh in Stock Market Scam
A 41-year-old in Wanowrie was defrauded of Rs 7.10 lakh through a stock market scam. Scammers lured him via WhatsApp with fake investment promises, convincing him to transfer funds through multiple accounts. After failing to receive returns, the victim reported the fraud. Police are investigating and warning citizens about online investment risks.
ALSO READ: Join The Movement: Registration Open for ‘Cyber Safe Uttar Pradesh’ Event by FCRF on October 17
5. Man Granted Bail in Rs 91 Lakh Fraud Case
Chief Judicial Magistrate Nabeela Wali granted bail to Dinesh, accused of defrauding Sachin Bansal of Rs 91 lakh via a WhatsApp stock trading scam. Despite seizures and his arrest in July, the court ruled insufficient evidence for continued custody. The accused claims false implication, asserting the investigation is complete without substantiating prosecution claims.
INTERNATIONAL
6. CISA Unveils Portal for Streamlined Cyber Incident Reporting
CISA launched a secure portal for voluntary cyber incident reporting, enabling organizations to save, update, and share reports while facilitating collaboration and threat intelligence sharing.
7. Iranian Cyber Group Establishes New Network to Attack U.S. Political Campaigns
Cybersecurity researchers have discovered new network infrastructure set up by the Iranian threat group GreenCharlie, linked to several other Iranian cyber groups. The infrastructure uses dynamic DNS domains for phishing attacks, targeting U.S. political campaigns. The group deploys evolving malware, including POWERSTAR and GORBLE, to steal sensitive data.
ALSO READ: ‘Cyber Safe Uttar Pradesh’ Campaign Launched By UP Transport Minister Dayashankar Singh
8. Health Sector on High Alert Due to Iranian and Russian Cyber Threats
A joint advisory from U.S. agencies warns of Iranian cyber actors linked to the Iranian government collaborating with Russian-affiliated ransomware groups like BlackCat to exploit U.S. organizations, especially in healthcare, for espionage and ransomware attacks. Organizations are urged to strengthen cybersecurity measures, especially ahead of the holiday weekend.
9. Cybercriminals Use Google Sheets for Malware in Suspected Espionage Effort
Researchers discovered a novel malware campaign using Google Sheets as a command-and-control mechanism, targeting over 70 global organizations through phishing emails, leveraging custom backdoor “Voldemort.”
10. Understanding AD CS Vulnerabilities: Key Insights for Cybersecurity Experts
AD CS vulnerabilities, often overlooked, pose significant risks due to their role in managing PKI certificates for secure communication. As organizations increasingly rely on AD CS for authentication in multi-cloud environments, these vulnerabilities can lead to severe security breaches if not properly mitigated, similar to past Kerberos exploits.