This newsletter aims to bring you a curated compilation of recent developments in cybersecurity and financial domains. From ISRO’s initiative to educate on cyber security to the apprehension of cyber fraudsters and notable financial investigations, stay informed about the latest occurrences shaping our digital and financial world. Join us as we delve into significant incidents, preventive measures, and regulatory actions that impact our online safety and financial stability.
ISRO Offers Free Online Course on Cyber Security
- The Indian Space Research Organization (ISRO) is offering a free online course on cybersecurity.
- The course will cover theoretical and practical aspects of cyber defense and threats.
- The program spans 14 days and is offered free of cost.
- Participants achieving 70 percent attendance will receive certificates.
Cyber Fraud Racket Busted in Jabalpur, 8 Held
- A cyber fraud racket has been busted in Jabalpur, Madhya Pradesh.
- Eight people have been arrested in connection with the racket.
- The accused were allegedly duping people by promising them high returns on investments.
Cyber Fraud Victim from Dakshina Kannada Held in Saudi Jail Returns Home
- A cyber fraud victim from Dakshina Kannada, Karnataka has returned home after being held in a Saudi jail for over a year.
- The man was allegedly duped into working for a fake company in Saudi Arabia.
- He was arrested by Saudi authorities after the company turned out to be a scam.
Rajya Sabha Panel Calls for IT Ministry Officials over Cyber Security of New Parliament Building
- A Rajya Sabha panel has called for IT Ministry officials to discuss the cyber security of the new Parliament building.
- The panel has expressed concern about the vulnerability of the building’s IT infrastructure to cyber attacks.
- The panel has also asked the IT Ministry to take steps to improve the cyber security of the building.
Co-op Bank Fraud: Bhasurangan’s Son in ED Custody
- The son of former Kerala Cooperative Minister Bhasurangan is in ED custody in connection with a co-operative bank fraud case.
- The accused is accused of siphoning off Rs 1.8 crore from the bank.
- He was arrested by the ED after a probe into the fraud.
Hyderabad: City Doc Loses Rs 19.7 Lakh in Part-Time Online Job Fraud
- A city doctor in Hyderabad has lost Rs 19.7 lakh in an online job fraud.
- The doctor was duped into investing in a fake online job scheme.
- He was promised high returns on his investment, but the fraudsters ran away with his money.
Over Rs 9,300 Crore FEMA Notice Against Byju’s
- The Enforcement Directorate (ED) has issued a Rs 9,300 crore FEMA notice against Byju’s.
- The ED has alleged that Byju’s has violated foreign exchange regulations.
- The company has been given a chance to explain its position before the ED.
Binance’s Changpeng Zhao Resigns as CEO, Pleads Guilty after Violating US Anti-Money Laundering Laws
- Binance CEO Changpeng Zhao has resigned from his position after pleading guilty to violating US anti-money laundering laws.
- Zhao has agreed to pay a $1.8 billion fine to the US government.
- The charges against Zhao stem from a probe into Binance’s alleged role in facilitating money laundering.
Online Safety Tips
Be cautious about what information you share online: Avoid sharing personal details like your address, phone number, or birth date on public platforms.
Use strong and unique passwords: Create complex passwords for each online account and avoid using easily guessable combinations like birthdays or names.
Enable two-factor authentication (2FA): 2FA adds an extra layer of security by requiring a code from your phone or another device in addition to your password.
Be wary of unsolicited emails and attachments: Don’t open emails from unknown senders or click on links or attachments in suspicious emails.
Keep your software up to date: Regularly update your operating system, web browser, and other software to patch vulnerabilities.
Install antivirus and anti-malware software: Use reputable antivirus and anti-malware software to protect your device from malicious programs.
Be mindful of phishing scams: Phishing scams attempt to trick you into revealing personal information or clicking on malicious links. Always verify the authenticity of websites before entering any information.
Beware of social engineering tactics: Social engineers try to gain your trust and manipulate you into revealing information or taking actions that compromise your security.
Secure your Wi-Fi network: Use strong passwords for your Wi-Fi network and avoid using public Wi-Fi for sensitive activities like online banking.
Be cautious about using public computers: Avoid accessing sensitive information or conducting financial transactions on public computers.
Report suspicious activity: If you encounter suspicious activity or believe you’ve been a victim of cybercrime, report it immediately to the relevant authorities.
Ways to Report Cybercrime in India
National Cyber Crime Reporting Portal: The National Cyber Crime Reporting Portal (www.cybercrime.gov.in) is a government initiative that allows victims to register cybercrime complaints online 24/7.
Cyber Crime Helpline 1930: The Cyber Crime Helpline 1930 is a dedicated toll-free number for reporting cybercrime in India. It is available 24/7 and can be accessed from anywhere in the country.
Local Police Stations: You can also report cybercrime to your nearest police station. The police will investigate the crime and take appropriate action against the perpetrators.
Cyber Cell of the Police: In some states, there is a dedicated Cyber Cell within the police force that deals with cybercrime. You can report cybercrime to the Cyber Cell of your state police force.
Computer Emergency Response Team (CERT-In): CERT-In is the national agency responsible for handling cybersecurity incidents in India. You can report cybercrime to CERT-In through their website (www.cert-in.org.in).
Remember, it is crucial to report cybercrime promptly to help law enforcement agencies investigate and apprehend the perpetrators.