The Top Ten cyber crime news summaries on The420 are meticulously curated by Future Crime Researchers from the Future Crime Research Foundation (FCRF) and powered by Algoritha Security Pvt. Ltd. These summaries feature the most critical cyber crime developments from around the world. Keep reading—and stay safe.
1. Four Held in Cyber Fraud Case Involving Fake Firms and Mule Accounts
Bengaluru Police uncovered a major cyber fraud involving over 357 mule accounts created through fake companies. Individuals were lured with cash to open bank accounts later misused by cyber syndicates. The CCB arrested four people, with transactions worth crores linked to 100 cases registered across India on the cybercrime portal.
2. Old Goa Police Nab Cyber Fraud Suspect in Ongoing Scam Investigation
Old Goa Police arrested a cyber fraud suspect involved in an online scam and secured a five-day custody remand for further investigation. The accused is being interrogated for links to financial cybercrimes. Authorities are examining digital evidence and bank transactions to trace the extent of the fraudulent activities.
3. Five Arrested by Pimpri Chinchwad Cyber Police in ₹1 Crore Share Trading Scam
Pimpri Chinchwad cyber police arrested five men for allegedly executing a ₹1 crore share-trading fraud. The suspects lured victims through fake investment schemes and manipulated trading platforms to siphon off funds. Police seized digital devices and documents, and further investigation is underway to uncover the full extent of the scam.
4. CBI Probes ₹2 Crore Cyber Fraud Targeting Retired Professor via Fake WhatsApp Investment Group
The CBI has launched a probe into a ₹2 crore cyber fraud targeting a retired professor, who was duped through a fake investment WhatsApp group. Posing as financial experts, fraudsters lured the victim with high-return promises. The professor invested in multiple phases before realizing it was a scam.
5. Pune Police Bust International Cyber Fraud Ring, Six Accused Arrested
Pune Police busted an international cyber fraud racket and arrested six individuals, including Nepali nationals. The gang allegedly supplied bank accounts and SIM cards to cybercriminals for use in online investment scams. Their operations spanned multiple states, with links to cross-border financial networks under investigation. Further probe is underway.
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6. Qantas Targeted in Cyber Attack Following FBI Warning on Scattered Spider Group
Australian airline Qantas faced a cyber attack shortly after the FBI issued an alert about the notorious Scattered Spider hacking group. Though Qantas confirmed no passenger data was compromised, the incident raised alarms about aviation sector vulnerabilities. Authorities are working with cybersecurity experts to assess the breach and bolster defenses.
7. International Criminal Court Repels Sophisticated and Targeted Cyberattack
The International Criminal Court (ICC) successfully repelled a sophisticated and targeted cyberattack aimed at disrupting its operations. While the nature and origin of the attack remain undisclosed, officials confirmed no data breach occurred. The ICC is enhancing its cybersecurity infrastructure and coordinating with global partners to investigate the attempted breach.
8. U.S. Agencies Warn of Rising Iranian Cyber Threats in New Fact Sheet
U.S. agencies have issued a fact sheet highlighting the increasing risk of cyber threats from Iranian state-linked actors. The advisory outlines tactics used to target critical infrastructure and urges enhanced security measures. Organizations are advised to disconnect vulnerable systems, update defenses, and remain alert to phishing, ransomware, and network infiltration attempts.
9. U.S. Treasury Sanctions Hosting Provider Aiding Global Ransomware Operations
The U.S. Treasury has sanctioned a bulletproof hosting provider accused of supporting global ransomware operations. The firm allegedly offered safe haven to cybercriminals by shielding their infrastructure from law enforcement. This action aims to disrupt services used in data breaches, extortion schemes, and cyberattacks targeting critical infrastructure worldwide.
10. TA829 Hackers Evolve Tactics, Deploy Upgraded RomCom Malware to Bypass Defenses
Cybersecurity experts have flagged the TA829 hacking group for using new tactics, techniques, and procedures (TTPs) alongside an enhanced version of the RomCom backdoor. These upgrades help the group bypass traditional security measures, posing a heightened threat to government and enterprise networks through more evasive and sophisticated cyberattacks.