Cyber Crime
Top 10 Daily Cybercrime Brief by FCRF [29.10.2024]: 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. Cyber Fraud Ring Exposed: Six Arrested in Fake Investments and Child Modeling Scams in Delhi and Rajasthan
The Delhi Police Cyber Crime branch arrested six individuals in Delhi and Rajasthan for extensive frauds, including online investment, child modeling, and fake electricity bill scams. The accused, tied to over 110 complaints, allegedly swindled Rs 5 crore through these schemes. Arrests followed swift raids, led by Inspector Birender Singh.
2. Cybercrime Gang Rents and Recruits Bank Accounts for Fraud, Five Members Detained
Barrackpore Cyber Crime Police, Siliguri Police, and CID apprehended five individuals in Siliguri for renting poor laborers’ bank accounts to cyber fraudsters, facilitating a Rs 5.5 crore scam. Seized items include mobile phones, ATM cards, and bank passbooks. Kolkata Police plans stringent action against mule account operators to curb cyber fraud.
3. Bengaluru Engineer Loses Rs 4.5 Lakh in Deceptive Gift Card Scheme
Cyber fraud is on the rise in India, with millions falling victim to digital scams. Recently, a Bengaluru software engineer lost Rs 4.5 lakh in a gift card scam, mistaking a fake WhatsApp message for a task from his boss. This incident highlights increasing cybercrime, with 0.74 million complaints filed in 2024’s first quarter alone.
4. Seven Job Scam Victims Return Safely to Kerala After Rescue from Cambodia
Thanks to swift action by Indian embassy officials and the non-resident Keralites’ network, seven youths from north Kerala, deceived by a job scam in Cambodia, returned safely on October 28, 2024. The group, promised Rs 1 lakh IT jobs, included individuals from Kozhikode and Kasaragod districts.
5. Talcher Tehsildar Scammed in Cyber Crime, Suffers Rs 90,000 Loss
Rosalin Behera, Talcher’s Tehsildar in Odisha, recently lost Rs 90,000 in a cyber scam after clicking a deceptive link from an unknown sender. This incident underscores the rising risk of online fraud. Following the loss, Behera filed a police complaint, prompting an investigation into the scam’s origins.
INTERNATIONAL
6. Russian Court Sentences Four Members of REvil Ransomware Group
In a rare move, Russia sentenced four members of the REvil ransomware gang to prison, marking a significant crackdown on domestic cybercrime. The St. Petersburg court convicted Artem Zayets, Aleksey Malozemov, Daniil Puzyrevsky, and Ruslan Khansvyarov, linked to high-profile cyberattacks, with sentences ranging from 4.5 to 6 years.
7. Operation Magnus Cracks Down on Redline and Meta Infostealers
The Dutch National Police, FBI, and global agencies dismantled the RedLine and Meta infostealer operations, gaining full access to their servers and source code. Part of “Operation Magnus,” this effort targeted malware networks stealing sensitive data. Legal actions are underway, and involved parties are being notified of the breach.
8. Filigran Raises $35 Million in Series B Funding for Expansion
Europe-based cybertech Filigran has secured $35 million in Series B funding, led by Insight Partners with Accel and Moonfire participating. The funds will support Filigran’s global expansion, especially in the U.S. and Pacific regions, and drive AI-focused innovations in its XTM suite to enhance proactive cyber threat management.
9. Crime Ring Breaches Italian State Databases, Sells Stolen Data
Italian authorities arrested four individuals for unauthorized access to state databases, implicating dozens, including Leonardo Maria Del Vecchio’s son. Investigations reveal a vast network involved in illegal data access and espionage, reportedly amassing 800,000 records used for blackmail, with potential links to foreign intelligence agencies.
10. Dutch Police and FBI Infiltrate Redline and Meta Infostealers, Seize Full Server Access
In a major cybercrime breakthrough, Dutch National Police and the FBI, alongside global partners, seized control of Redline and Meta infostealer servers under “Operation Magnus.” The operation showcased full access to the malware infrastructure, marking a significant victory in identity theft prevention and highlighting the power of international collaboration against cyber threats.