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Top 10 Daily Cybercrime Brief by FCRF [20.10.2024]: Click here to Know More

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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. Government and Meta launch ‘Scam se Bacho’ initiative to combat cyber fraud

The Ministry of Information & Broadcasting and Meta launched the ‘Scam se Bacho’ campaign to raise awareness about cyber fraud. Unveiled by I&B Secretary Sanjay Jaju, the initiative aims to equip Indian citizens with skills to navigate digital threats, in collaboration with key ministries, amid rising cybercrime in India’s growing digital landscape.

2. Deputy bank manager, accomplice arrested for aiding cyber criminals in laundering funds

In the 20th arrest of a bank employee since February, a deputy manager of Punjab National Bank was detained for helping cybercriminals open an account to launder Rs 1.20 crore. The account was used in a fraudulent stock market investment scheme. Eight individuals have been arrested in this ongoing investigation.

ALSO READ:  ‘Cyber Safe Uttar Pradesh’ by FCRF Wraps Up: Experts Unite to Tackle Emerging Digital Threats

3. Assam emerging as a new hub for cybercrime? 31 fraudsters arrested in two months

Jamtara in Jharkhand was once known as India’s cybercrime hub, with criminals earning up to Rs 1.5 lakh daily through credit card fraud. However, Assam is now emerging as a new hotspot. Assam Police recently busted a cybercrime gang in Guwahati, bringing the total arrests in the state to 31.

4. College dean loses Rs 48.48 lakh to cyber scammers after falling prey to arrest fears

A 63-year-old Mumbai college dean lost Rs 48.28 lakh in a cyber fraud. Scammers, posing as police officers, claimed her Aadhaar was linked to illegal bank accounts and pressured her to pay, threatening arrest. After transferring the money in 19 transactions, she realized the scam and filed a police complaint.

ALSO READ: IPS Officer Bhagyashree Navtake Entangled in Rs 1200 Crore Fraud Case, CBI Files Charges

5. Panvel Cyber Cell dismantles gang supplying fake bank accounts

The Panvel Cyber Cell arrested two suspects, Sudhir Jain and Sandesh Jain, for providing fake bank accounts to cybercriminals. The arrests followed a complaint from a merchant navy captain defrauded of Rs 10.4 lakh. The gang exploited unemployed youth to open fake accounts, using them for cyber fraud across various regions.

INTERNATIONAL

6. Tamil Nadu Man Arrested at Thiruvananthapuram Airport for Defrauding Kozhikode Resident of Rs 67 Lakh

A Tamil Nadu man, Mubashir Sheikh, was arrested at Trivandrum International Airport for defrauding a Kozhikode resident of Rs 67 lakh through a Forex trading scam two years ago. Sheikh, who used internet calls to deceive the victim, was apprehended by Kozhikode City Cyber Crime Police after a thorough investigation.

7. Atlas Systems Introduces ‘ComplyScore’ Cybersecurity Solution for Mid and Large-Sized Companies

Atlas Systems launched ComplyScore, a new cybersecurity software targeting mid and large-sized companies. Founder-CEO Venugopala Chalamala highlighted its focus on mitigating cyber risks, particularly in healthcare. With cybercrime projected to cost $10.5 trillion globally by 2025, Atlas aims to expand its presence, especially in India’s growing cybersecurity market.

ALSO READ: FutureCrime Summit: Biggest Conference on Cyber Crimes Set to Return on February 13-14, 2025, in New Delhi

8. Turkey Arrests Nine Suspects in Cyber Espionage Operation

Turkish authorities detained nine suspects linked to an international cyber-espionage network selling stolen personal information, including to terrorist organizations. The operation, led by the intelligence agency and the Gendarmerie, resulted in the shutdown of 18 websites involved in these illegal activities, as reported by Anadolu Agency.

9. Acronym Overload: Navigating the Intricate World of Data Security

In today’s enterprises, data security is filled with complex acronyms like DLP, DDR, and DSPM, which can confuse those developing effective strategies. This article seeks to clarify key data security acronyms and provide practical guidance to help businesses confidently navigate the security landscape and safeguard their valuable assets.

ALSO READ: Empanelment for Speakers, Trainers, and Cyber Security Experts Opens at Future Crime Research Foundation

10. Warning: Fake Google Meet Pages Spreading Infostealers in Ongoing ClickFix Campaign

Threat actors are exploiting fake Google Meet pages in the ClickFix malware campaign to deliver infostealers targeting Windows and macOS systems. Users are tricked into executing malicious PowerShell code via deceptive error messages. Cybersecurity firm Sekoia links the scheme to two groups, indicating shared infrastructure and tactics in this rising threat.

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