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Top 10 Daily Cybercrime Brief by FCRF [23.05.2024]: Click here to Know More



Daily cyber crime news by FCRF

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. Southeast Asia Origin of At Least 45% Cyber Frauds Targeting Indians: Official
The Indian Cyber Crime Coordination Centre (I4C) reports that 45% of India’s cyber frauds originate from Cambodia, Myanmar, and Laos. Daily, 7,000 complaints are logged, with scams costing Indians over Rs 500 crore in six months. Efforts are underway to repatriate Indians forced into cybercrime in these regions.

2. Noida Man Duped of Rs 35 Lakh by Cyber Thugs Recovers Rs 18 Lakh: Cops
A 71-year-old Greater Noida resident, defrauded of Rs 35 lakh in a fake share market investment scam, has recovered Rs 18 lakh with police assistance. The cyber cell continues to investigate to recover the remaining amount and apprehend the culprits, urging citizens to be wary of such investment scams.

3. Former Delhi Police Officer Warns of Terrifying New Cyber Scam
Amid the digital expansion, a new scam emerges, fraudsters use news outlets’ names to sell interviews of personalities, warns ex-DGP Dr. Muktesh Chander. The scheme promotes ‘get rich quick’ ads on social media, prompting investments of Rs. 26,000. Caution is urged as it exploits urgency for wealth. No victims have been identified in India yet.

4. Beware of Cyber Fraudsters Impersonating TRAI Officials: TGCSB
Hyderabad police warn against cyber fraudsters impersonating TRAI officials and threatening victims with fake arrests. Using recorded calls, they claim victims’ mobile numbers will be blocked and falsely implicate them in crimes. Victims are coerced into paying large sums via Skype calls with fake police officers. Report such incidents to cybercrime authorities.

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5. CDS Gen Anil Chauhan Attends Exercise Cyber Suraksha 2024
CDS Gen Anil Chauhan attended ‘Exercise Cyber Suraksha 2024’, emphasizing the need to strengthen India’s cyber defence capabilities. The exercise, held from May 20–24, aims to enhance collaboration among military and national organizations, improve cyber defence skills, and foster joint efforts to tackle cyber threats.


6. US Introduces ‘Cyber Trust’ Labels to Secure Household Appliances from Hackers
The US Cyber Trust Mark Initiative, launched by the FCC, helps consumers identify secure smart devices with a special label and QR codes. Manufacturers meeting cybersecurity standards can display this mark. Supported by major companies like Amazon and Google, the initiative aims to enhance smart home cybersecurity.

7. Researchers Warn of Chinese-Aligned Hackers Targeting South China Sea Nations
Cybersecurity researchers uncover Unfading Sea Haze, targeting high-level organizations in South China Sea countries since 2018. The group, possibly aligned with Chinese interests, utilizes various malware, including Gh0st RAT variants and SharpJSHandler. They employ sophisticated techniques like scheduled tasks and cloud storage for payload delivery, indicating an espionage-focused campaign.

8. Canada’s London Drugs Confirms Ransomware Attack After $25M LockBit Demand
Canadian pharmacy chain London Drugs confirms ransomware attack, refusing to pay $25 million demanded by LockBit gang. Some corporate files with employee data stolen, though no customer databases have been compromised yet. Pharmacy locations in four provinces closed until May 7. LockBit claims responsibility but faces law enforcement disruption.

ALSO READ: Cyber Slavery: Indian Embassy Rescues Over 360 Citizens Trapped in Cambodian Scams

9. US Man Sentenced to Decade in Prison for Laundering Money from Healthcare and Romance Scams
Malachi Mullings, a Georgia resident, received a 10-year sentence for laundering $4.5 million from healthcare providers and individuals through BEC and romance scams. He used his company, The Mullings Group, to launder profits. Mullings’ scheme targeted Medicaid and Medicare, among other entities, involving nine other suspects.

10. Rockwell Automation Advises Customers to Disconnect ICS from the Internet
Rockwell Automation warns customers to disconnect industrial control systems (ICS) from the internet due to cyber threats. Thousands of potentially vulnerable Allen-Bradley PLCs were found online. The company cites geopolitical tensions and recent vulnerabilities like CVE-2024-21914 and CVE-2024-21917, urging immediate action. CISA also alerts users about the issue.

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