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Top 10 Daily Cybercrime Brief by FCRF [11.07.2024]: 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. 15 Cybercriminals were apprehended for Defrauding PSU Officer of Rs 3 Crore
The Bhubaneswar crime branch arrested 15 men, including masterminds Tushar Sharma and Bhavesh Thakur from Delhi, for defrauding a PSU officer of Rs 3 crore through a share trading scam. The victim was lured via a WhatsApp group and transferred funds over three months, only to discover the fraud when withdrawal requests were ignored.

2. Doctor Scammed of Rs 28 Lakh by Fake ‘Irish Surgeon’ in Online Fraud
A 53-year-old doctor from Panvel, Navi Mumbai, was scammed out of Rs 28 lakh by a cyber fraudster posing as an Irish surgeon on LinkedIn. The fraudster, Jose Fernandes alias Santino, and an accomplice pretending to be a customs official convinced her to transfer funds over 11 months, claiming customs charges for undeclared foreign currency.

3. Delhi Power Distributors Warn Consumers About Increasing Cyber Fraud Incidents
In response to increasing cyber fraud targeting Delhi electricity consumers, power distribution companies have warned customers to be cautious when paying bills online. Fraudsters use tactics like messages about overdue payments, leading victims to malware sites or imposters posing as legitimate representatives, according to a discom official.

4. Spike in Cyber Attacks on ISRO
In July 2024, ISRO reported facing over 100 daily cyber-attacks, highlighting growing threats to India’s space missions. ISRO Chief S. Somanath stressed the need for robust cybersecurity to protect sensitive data. Collaborating with national agencies, ISRO aims to enhance defenses against phishing and malware infiltrations, crucial for national security.

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5. YouTuber Praneeth Hanumantu was arrested in Bengaluru by Telangana Cyber Security Bureau
The Telangana Cyber Security Bureau arrested YouTuber Praneeth Hanumantu in Bengaluru for making inappropriate jokes about a girl and her father in a YouTube live session. The incident sparked outrage, leading to intervention by Telangana Chief Minister A. Revanth Reddy. Efforts are ongoing to apprehend others involved.


6. Major Cybersecurity Breach: Hackers Leak File with 1,000 Crore Passwords Online
A file with around 10 billion passwords was leaked on an online hacking forum, the largest ever, according to Semafor. The leak raises concerns about credential stuffing attacks. Despite the risk, Forbes noted the file’s massive size may limit usability, highlighting significant online security vulnerabilities.

7. Australia Accuses China of cyber-espionage activities.
Australia, the US, and Britain accused China’s APT40 group of cyber espionage, targeting government and business networks. This marks Australia’s first direct attribution to a state-sponsored Chinese group. Despite China’s denial, the allegations highlight increasing cyber conflicts, prompting Australia to bolster its cyber defenses amid ongoing international tensions.

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8. Hackers Steal USD 16.6 Million in Massive Cyber Heist Targeting South African Government
Cyber attackers stole 300 million South African rands (USD 16.6 million) from the Department of Public Works over 10 years, Minister Dean Macpherson confirmed. The ongoing investigation involves police, state security, and cybersecurity experts. Four officials were suspended, and 30 laptops seized as the department’s payment system was shut down.

9. New England Attorneys General Inform Cyber Attack Victims
Massachusetts and New Hampshire officials are notifying victims of a February cyber attack on Change Healthcare, which exposed personal and health information. The breach, affecting up to one-third of Americans, led to data on the dark web. Impacted individuals are offered two years of free credit monitoring and identity theft protection.

10. New Ransomware Group Exploiting Vulnerability in Veeam Backup Software
EstateRansomware exploits a patched Veeam Backup flaw (CVE-2023-27532) via FortiGate VPN to compromise networks, deploy ransomware, and disable defenses like Windows Defender. The group uses tools for data exfiltration and targets long-term access, reflecting evolving tactics among ransomware operators noted by cybersecurity researchers.

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