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Top 10 Daily Cybercrime Brief by FCRF [05.09.2024]: Click here to Know More

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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. Women in Cinema Collective Condemns Cyber Attackers
The Women in Cinema Collective condemned a cyber attack on women who spoke out against sexual assault in the Malayalam film industry. Actor Nivin Pauly, accused of rape, seeks to quash the case, but the complainant maintains her allegations. Five others, including a recruiter and a producer, are also accused.

2. Retired Officer Defrauded of Rs 78 Lakh in Insurance Scam
A retired Gujarat government officer, Rajnikant Patel, lost Rs 78.28 lakh in a cyber fraud scam after being tricked by fraudsters posing as insurance executives. The scammers requested processing fees for a fake insurance payout, but when Patel attempted to recover the money, they disappeared. A police investigation has been launched.

ALSO READ: Join The Movement: Registration Open for ‘Cyber Safe Uttar Pradesh’ Event by FCRF on October 17

3. Guwahati Cyber Police Arrest Four in Bank Fraud Scheme
Guwahati Cyber Police arrested four suspects in a bank fraud scheme targeting people in financial distress. The scammers used “mule accounts” for illegal activities, leaving account holders liable. Police recovered checkbooks, foreign currency, phones, and other evidence. Over Rs 35 crore has been stolen by cybercriminals in Guwahati.

4. Kerala Doctor Duped in Rs 4.08 Crore Online Scam Over 8 Months
A doctor from Kerala lost Rs 4.08 crore over eight months to a scammer who manipulated his sympathy with fabricated stories of personal crises. The scammer, Amit, created a network of false personas to extort money from the doctor. A complaint was filed with the Cyber Crime Police.

5. Woman Inspector Requests DGP Investigation into Alleged Rs 100 Crore Cyber Fraud
A Punjab woman inspector requested a probe into a Rs 100 crore cyber fraud case. Inspector Amanjot Kaur, accused of demanding a bribe, claims she was framed by a nexus of police and politicians. She seeks the investigation be transferred to the State Cyber Cell or Bureau of Investigation for impartiality.

INTERNATIONAL

6. FBI Issues Warnings About North Korean Cyber Threats Targeting Cryptocurrency Sector
The FBI warns Web3 and cryptocurrency firms of North Korean cybercriminals using social engineering to target employees and steal cryptocurrency. Firms should enhance security and avoid storing sensitive wallet data on internet-connected devices.

7. Microchip Technology Admits to Data Breach Following Cyberattack
Microchip Technology suffered a cyberattack, affecting its operations and stealing employee data. Play ransomware gang claimed responsibility, threatening to leak stolen information unless a ransom is paid.

ALSO READ: Future Crime Research Foundation (FCRF) and Bankers Institute of Rural Development (BIRD), NABARD Join Forces to Strengthen Cybersecurity in Rural Banking

8. Iranian Cyberattack: Fox Kitten Aids Ransomware Deployment in the US
Iran-based Fox Kitten threat group targets U.S. and international organizations for cyberespionage and collaborates with ransomware affiliates to extort victims. They sell access to compromised networks and exploit VPN vulnerabilities.

9. Middle East Reports Losses Exceeding $ 8 Million Due to Cybercrime
IBM research reveals cybercrime in the Middle East cost $8 million per incident in 2023, driven by rapid digitalization and insufficient cybersecurity measures. Financial motivations dominate, with high-value companies often targeted by ransomware.

10. Planned Parenthood Hit by Cyberattack, RansomHub Threatens to Expose Data
Planned Parenthood of Montana is responding to a cyberattack by ransomware group RansomHub, which claims to have stolen 93 GB of data and threatens to leak it unless a ransom is paid. Federal authorities are investigating the incident.

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