Cyber Crime
Top 10 Daily Cybercrime Brief by FCRF [19.06.2024]: 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. 45 Individuals from Nagaland Imprisoned in Punjab for Non-Bailable Cyber Fraud: Helping Hands Volunteer
A Helping Hands volunteer revealed that 45 Nagaland youths are jailed in Punjab on non-bailable cyber fraud charges after the police raided fake call centers. Parents are often unaware or unable to help due to legal ignorance or social stigma. Awareness of the importance of verifying recruiting companies is urged to prevent such incidents.
2. Bengaluru: A university student takes his own life after falling prey to a cyber scam.
A 19-year-old BSc student, Pavana, was found dead in her Bengaluru hostel room, having hanged herself after falling victim to cyber fraud and losing money. She left a note seeking forgiveness from her parents. The High Grounds police have registered an Unnatural Death Report (UDR).
3. Vigilant Bankers Thwart Rs 120 Crore Cyber scam; Seven are detained.
A joint team of the cyber cell and UP Police arrested seven gang members who defrauded Dr. APJ Abdul Kalam Technical University (AKTU) of Rs 120 crore. The fraudsters posed as AKTU officials, opened a fake account, and transferred the money, which was later recovered. Bank officials detected the fraud during an audit.
4. Cyber Crime Branch: 5 Members of Cyber Gang Arrested in Delhi & Niwari
The Bhopal cyber-crime branch arrested five gang members from Delhi and Niwari for scamming people with fake iPhone ads on Instagram. They operated from rented homes, using fake bank accounts and WhatsApp numbers. A Bhopal resident’s complaint led to the arrests and the seizure of phones, SIM cards, and banking materials.
ALSO READ: 13 Year Old Palghar Teen Outsmarts Cyber Fraudster, Earns Police Praise
5. Rajasthan Police Targets Cybercrime in Mewat: Details on ‘Operation Anti-Virus’
The Rajasthan Police’s ‘Operation Anti-Virus’ dismantled an international cyber racket in Mewat, arresting over 400 fraudsters and seizing thousands of SIM cards, mobile phones, and equipment. The crackdown followed complaints of widespread cyber fraud across multiple states, with cybercriminals having scammed over Rs 7,000 crores in a year.
INTERNATIONAL
6. New TikTag Exploit Targets ARM CPU Security Feature
Researchers from Seoul National University, Samsung Research, and Georgia Institute of Technology revealed a speculative execution attack on Arm CPUs, exploiting the Memory Tagging Extension (MTE) to bypass security measures. This attack, demonstrated on Chrome and Linux, leaks MTE tags with over 95% success, enabling severe vulnerabilities. Arm responded, clarifying MTE’s limitations.
7. Gigamon Raises Alarm Over Increasing Unseen Cloud Attacks
Gigamon’s 2024 Hybrid Cloud Security Survey reveals a 20% rise in undetected cyber attacks, with cloud complexity heightening risks. Only 25% of organizations can respond in real-time, and many struggle with East-West traffic visibility. Despite increased security spending, current tools are inadequate, emphasizing the need for comprehensive visibility and deep observability.
8. 911 Outage Due to a cyber attack? Speculations Arise Following Major Massachusetts Disruption
A 911 outage in Massachusetts led to online speculation of a cyberattack affecting nearby states. State Police attributed it to a “technical issue,” with no confirmed breach. The alert mistakenly reached other states, prompting clarifications. FEMA is investigating, but the outage’s resolution time remains unclear.
9. A new maritime cybersecurity organization was established.
IMSCO launches amid rising shipping cyber security concerns, offering certifications for consultants and a central database for risk assessment. It aims to standardize maritime cyber security audits and training, addressing industry variability. The initiative is supported by the Singapore Shipping Association for efficient compliance with IMO regulations.
10. Signal Foundation cautions against EU’s proposal to scan private messages for CSAM
Signal Foundation’s president warns against the EU’s plan to scan private messages for CSAM, citing risks to end-to-end encryption. The proposal faces criticism for potentially undermining privacy by allowing message scrutiny before encryption. Concerns highlight implications for security and user consent under new regulations aimed at combating child sexual abuse material.
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