Cyber Crime
Top 10 Daily Cybercrime Brief by FCRF [06.11.2024]: 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.Cyberabad Police Arrest Two from Ernakulam in Major Investment Fraud Case
The Cyberabad Cyber Crime Police arrested Sarath E.S. and Yadhu Krishnan T.B. from Ernakulam, Kerala, for defrauding a victim of ₹57.66 lakh in an investment scam. Posing as representatives of Allianz Global Investor, the accused lured the victim with stock tips and fake IPOs, imposing high taxes before blocking withdrawals.
2.Ludhiana: Retired Army Officer Duped Twice in 15 Days, Loses Rs 45 Lakh to Cyber Fraud
Ex-armyman Hardev Singh from Bassian village lost ₹45 lakh to cyber fraudsters in two scams within 15 days. Posing as bank executives and mobile tower agents, the scammers deceived him with promises of a low-interest loan and a tower installation on his rooftop, securing funds before disappearing.
3.MHA Takes Action Against Digital Arrest, Deactivates Six Lakh Mobile Numbers
The Indian government has deactivated six lakh mobile numbers and blocked 709 mobile apps linked to cybercrime, while blacklisting 1.1 lakh phones and freezing 3.25 lakh fake bank accounts. These decisive actions by the Indian Cyber Crime Coordination Centre (I4C) aim to curb digital arrests and cyber fraud, following PM Modi’s cautionary ‘Mann Ki Baat’ message.
4.Cybercriminals Exploit Elders with Fake Stocks and Deepfakes in India’s Growing Scam Wave
A 63-year-old Hyderabad man lost Rs 50 lakh in a stock market scam via a WhatsApp group, highlighting the vulnerability of seniors to digital fraud. The scheme, led by a fake advisor named Kunal Singh, lured the victim with high-return promises. Authorities urge caution, especially with unverified platforms.
5.Hyderabad Resident Scammed Out of Over One Lakh in Cyber Fraud Incident
A Hyderabad man was scammed after receiving a call about a mistaken credit card subscription. Following a link shared by the fraudster, he saw unauthorized transactions on his SBI credit card. Cyber crime police urge the public not to click on suspicious links or share sensitive banking information to prevent fraud.
INTERNATIONAL
6. Interpol Cracks Down on Cybercrime, Disrupts 22,000 IP Addresses, Arrests 41 Suspects
Interpol’s Operation Synergia II dismantled 1,037 cybercrime servers across 22,000 IP addresses, arrested 41 suspects, and seized devices in 95 countries from April to August 2024. Backed by private cybersecurity firms, the crackdown targeted phishing, ransomware, and info-stealer malware, aiming to curb escalating global cyber threats and protect potential victims.
7. Schneider Electric Ransomware Gang Demands $125,000—Paid in Baguettes
Schneider Electric is investigating a ransomware attack by the Hellcat group, which claims to have accessed 40GB of sensitive data and demanded $125,000 in “baguettes” for its deletion. Allegedly exploiting Schneider’s Atlassian Jira system, Hellcat threatens to leak customer data unless the ransom is met, targeting CEO Olivier Blum directly.
8. Kansas CEO Sentenced to 24 Years for Defrauding Bank, Church, and Friends in ‘Pig Butchering’ Scheme
The FBI recovered $8 million from a $47 million cryptocurrency scam that devastated Elkhart, Kansas. Shan Hanes, former CEO of Heartland Tri-State Bank, received a 24-year sentence for embezzling funds to invest in a fraudulent crypto scheme. Authorities are returning the funds to affected local investors.
9. Canada Arrests Suspected Hacker Tied to Snowflake Data Breaches
Canadian authorities arrested Alexander “Connor” Moucka, alias Waifu, for alleged involvement in cyberattacks exploiting Snowflake vulnerabilities, impacting major companies like AT&T and Live Nation. Linked to the Com Group, Moucka reportedly sold stolen data and used malware-infected credentials to breach systems, leading to significant data leaks and extortion.
10. Cybercriminal Lists ‘Stolen’ Nokia Source Code, SSH and RSA Keys for Sale Online
IntelBroker claims to have stolen Nokia’s source code, private keys, and sensitive credentials via a third-party contractor, listing them for sale on Breachforums. Partnering with EnergyWeaponUser, the hackers allege access to Nokia’s internal development tools. Nokia is investigating the breach, highlighting vulnerabilities in supply chain security.