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Top 10 Daily Cybercrime Brief by FCRF [22.10.2024]: 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. Deputy Bank Manager and Assistant Arrested for Assisting Cybercriminals in Opening Fraudulent Bank Accounts
Police arrested two suspects in Gurugram, including UCO Bank deputy manager Ram Avtar, for allegedly providing fraudulent bank accounts to cybercriminals. The arrests followed a complaint from a man defrauded of Rs 24.6 lakh in a share market scam. The accused opened seven fake accounts, charging Rs 7,000 per account as commission.
2. Rs 16.77 Crore Nationwide Fraud: 24 Cyber Criminals Arrested in Gurugram
Gurugram cyber police arrested 24 cyber fraudsters for defrauding people of Rs 16.77 crore across India, posing as FedEx officials and offering fake stock market investments. With 4,568 complaints and 189 cases filed against them nationwide, police recovered Rs 60.91 lakh, mobile phones, and a note counting machine. Investigations continue.
ALSO READ: ‘Cyber Safe Uttar Pradesh’ by FCRF Wraps Up: Experts Unite to Tackle Emerging Digital Threats
3. Himachal Launches First 24×7 Cybercrime Reporting Station to Boost Online Fraud Response
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu inaugurated the state’s first 24×7 cybercrime reporting station, ‘CY-Station,’ in Shimla. The station, equipped with advanced technology, will enable real-time registration and monitoring of cybercrime complaints, particularly financial fraud, through toll-free number 1930, and swiftly block defrauded amounts using CFCFRMS.
4. SP Oswal Warns: ‘No Government Agency Operates via Phone, Never Trust Unverified Calls’
After being duped of Rs 7 crore by cybercriminals, a leading textile manufacturer’s head warned against falling for fake calls implicating people in crimes. He advised ignoring such calls, confronting fraudsters with legal counsel, and emphasized that “digital custody” is a scam. Never transfer money under pressure, he urged.
5. TN Cyber Crime Arrests Six in Connection with Online Trading Scam
The Tamil Nadu Cyber Crime Wing arrested six individuals for defrauding a person of Rs 14 crore in an online share trading scam. The group created fake investment apps, falsely promised 500% returns, and persuaded victims to invest. Police recovered funds from 13 bank accounts and froze two cryptocurrency wallets.
INTERNATIONAL
6. UN Report: Southeast Asia Emerging as a Global Cybercrime Hub
A UNODC report highlights Southeast Asia as a growing hub for cybercrime, with the Philippines and Singapore leading in illegal online activities such as money laundering, fraud, and gambling. Transnational criminal organizations exploit the region’s digital vulnerabilities, contributing to financial scandals, human trafficking, and severe exploitation of workers.
7. Abu Dhabi Study Reveals Six Key Tactics in UAE Cybercrime and Electronic Blackmail
The Abu Dhabi Judicial Department identified six tactics used by cybercriminals for online extortion, including exploiting past relationships and hacking personal accounts. Punishments for such crimes can result in up to two years in prison and fines ranging from Dh250,000 to Dh500,000, highlighting the seriousness of these offenses.
8. Siren Boosts NCFTA’s Cyber Threat Response at IACP Conference
Siren will officially introduce the National Cyber-Forensics and Training Alliance (NCFTA) as a customer at the IACP conference in Boston. This partnership enhances cyber threat investigations and information sharing, enabling NCFTA to automate data extraction and improve intelligence gathering in its efforts to combat cybercrime effectively.
9. Beazley Launches New Consortium for Cyber and Financial Institution Risk Management
Beazley has launched the FLEX consortium, offering combined civil liability, crime, fraud, and cyber coverage for financial institutions with limits up to €50 million/USD. This initiative simplifies placement and claims processes while enhancing protection through Beazley’s Full Spectrum Cyber services, addressing the growing demand for comprehensive risk solutions.
10. Internet Archive Breached Again: Hackers Exploit Stolen GitLab Tokens to Compromise Zendesk Support Platform
The Internet Archive was breached via Zendesk, exposing data of 31 million users, including personal identification documents and authentication tokens. The attack stemmed from an unprotected GitLab configuration file. While the hacker claimed to have stolen 7TB of data, no proof has been provided, raising concerns about further exploitation.