Cyber Crime
Top 10 Daily Cybercrime Brief by FCRF [08.07.2024]: 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 Extortionists Demand Rs 82 Crore from Pune Doctor, Threaten Husband’s Involvement
A Pune doctor, targeted by cyber criminals posing as officials, lost Rs 6.1 lakh after threats of arrest on false money laundering charges. The scammers used fake police setups and surveillance threats, dissuading her from confiding in family. An FIR was filed, and police are investigating the case.
2. Indian Cyber Agency Discovers Multiple Vulnerabilities in Microsoft Edge, Issues User Warnings
The Indian Computer Emergency Response Team (CERT-In) has warned of multiple vulnerabilities in Microsoft Edge (Chromium-based) versions before 126.0.2592.81, allowing attackers to compromise systems. These issues stem from “Use-after-free in Dawn and Swiftshader.” Users are advised to apply security updates promptly.
3. Swift Police Response Prevents Over Rs 100 Crore Cyber Fraud in Haryana Over Six Months
Haryana Police saved Rs 125 crore from cybercriminals in the first half of the year, with Rs 45 crore blocked in Gurugram and nearly Rs 10 crore in Panchkula. The Punjab and Haryana High Court ruled that FIRs are not required to return blocked funds to cyber fraud victims, streamlining the process.
4. Three Cyber Fraudsters are arrested in Surat for Defrauding Retired CMO of Rs 1.26 Crore
Cyber Police busted a gang duping a retired chief medical officer of Rs 1.26 crore through fake online share trading. Three members, including a woman fluent in multiple languages, were arrested in Surat. The gang’s kingpin operates from Dubai and Taiwan, converting stolen funds into cryptocurrency. The police froze Rs 22 lakh in their bank account.
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5. Center Warns Against ‘CashExpand-U Finance Assistant’ Amid Cybercrime Alerts
The Center has warned against the CashExpand-U Finance Assistant loan app, associated with hostile foreign entities. The app has been removed from Google Play Store. Cyber Dost urged users on its X handle to delete the app immediately to prevent data breaches. #LoanApps #Cybercrime #DigitalSafety #CyberSafeIndia
INTERNATIONAL
6. Report: Cybercriminals Reorganize Following Law Enforcement Crackdowns
Governments worldwide disrupted major cybercriminal groups, including LockBit, in the first half of the year. LockBit, known for ransomware attacks, was dismantled, recovering hundreds of encryption keys. Despite this, new cyber gangs are emerging with potential physical threats, and experts predict a resurgence in ransomware attacks soon.
7. International Scammers Steal Billions from Americans Annually, Largely Unpunished
Sophisticated overseas scammers steal billions from Americans annually, with elder fraud rising. Law enforcement struggles to keep up, and victims rarely recover their money. Banks and private industries are urged to enhance fraud prevention. The U.S. needs a coordinated national strategy to combat the escalating cybercrime crisis.
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8. Southwest Tennessee Community College Faces Network Disruption Due to ‘Cyber Incident’
Southwest Tennessee Community College experienced a cyber incident affecting its network systems. They are working with forensics experts to investigate and restore functionality. Remote work and learning continue, with Summer II Term delayed until July 15. The college is coordinating with state officials and will provide updates through official channels.
9. DragonForce Cyber Attack Hits Elite Fitness, Compromises Customer Data
Elite Fitness experienced a sophisticated cyber attack on June 26, resulting in a 5GB data leak of personal information, including passport, driver licence, and credit card details of staff and customers. Director Gary Bourke confirmed the breach and the involvement of an international cyber gang.
10. The latest cyberattack targets iPhone Users’ Apple IDs
Tech experts warn iPhone users of a sophisticated cyberattack targeting Apple IDs. Scammers send deceptive texts, directing recipients to fake websites to steal login credentials. Experts urge enabling two-factor authentication and caution against trusting unsolicited messages to mitigate risks of data compromise from evolving cyber threats.