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Top 10 Daily Cybercrime Brief by FCRF [04.07.2024]: 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. SBI Deputy Manager Arrested for Assisting Cybercriminals, 15th Banker Caught This Year
In Gurgaon, the 15th banker this year, SBI deputy manager Rahul, was arrested for aiding cybercriminals. He opened fraudulent accounts, violating KYC norms, leading to a Rs 52 lakh scam. Rahul admitted to opening 180 accounts, driven by targets. Police continue to investigate other involved bank employees and the missing accomplice, Sumer.

2. The study shows Cloud infrastructure as a prime target for Cyberattacks in India
A Thales study reveals cloud resources are the prime targets for cyberattacks in India, with 37% of organizations experiencing breaches and 46% storing sensitive data in the cloud. Human error and misconfiguration are major causes. Cloud security now tops spending priorities, highlighting the need for robust protection measures.

3. Cybercriminals Swindle Rs 9.13 Lakh from Teacher
Cyber fraudsters duped a teacher of Rs 9.13 lakh by luring him with foreign stock market benefits via a WhatsApp group. Separately, a retired policeman was conned out of Rs 52.30 lakh by fraudsters posing as CBI and customs officers. FIRs have been registered in both cases, and investigations are ongoing.

4. Telangana Records 10,000 Cybercrime Cases This Year, Says CM Revanth
Telangana registered 10,000 cybercrime FIRs this year, announced CM A. Revanth Reddy. The state froze Rs 263 crore in fraud funds, blocked 36,000 SIMs, and 2,300 apps. Telangana Cyber Security Bureau linked 671 suspects to 77,000 cases nationwide. Specialized cybercrime stations and a simplified refund process returned Rs 32 crore to victims.

ALSO READ: 3 ‘CBI Officers’ Arrested in First-Ever Case of ‘Digital Arrest’ in Lucknow?

5. Punjab Police Apprehends Two Suspects in Scam Targeting Indian Youth with Fake Job Offers from Southeast Asian Nations

Punjab Police arrests two for trafficking Indian youth to Cambodia with fake job offers. Victims, promised roles like Digital Sales Executives, end up in cyber-scam call centers. Passports seized upon arrival; forced into fraud operations targeting India. FIR filed under IPC and Immigration Act; investigations ongoing.


6. Microsoft Customer Emails Exposed in Midnight Blizzard Hack
Microsoft revealed that the Russia-based Midnight Blizzard hacking group breached its systems and stole customer emails, affecting more users than initially reported. This disclosure follows scrutiny from the US government over product security. Customers shared notifications online, highlighting the breach’s impact and potential damage to trust in Microsoft’s services.

7. Indonesia Tech Ministry Official Resigns Following June Cyber Attack
Semuel Abrijani Pangerapan, director-general for applications and information at Indonesia’s Communications and Information Technology Ministry, resigned following a June cyber attack that disrupted airport, immigration, and scholarship services. His resignation was announced in Jakarta on Thursday.

Also read: #ShameOnMetaAI is trending on X (Twitter) for this shocking reason!

8. Global Police Raid Dismantles 600 Cobalt-Strike-Linked Cybercrime Servers
Operation MORPHEUS, led by the U.K. National Crime Agency, dismantled nearly 600 servers used by cybercriminals associated with Cobalt Strike. The operation, involving multiple countries, began in 2021. Concurrently, Spanish and Portuguese police arrested 54 for vishing elderly victims, and INTERPOL seized $257 million, disrupting global online scams.

9. Introducing Transaction Cooling-Off Periods to Combat Cyber Crime
Derek John Fernandez of Malaysia’s MCMC advocates for a longer cooling-off period for first-time transactions to unknown accounts to combat advanced cyber threats like deepfakes. He suggests a 48-hour window to halt suspicious transactions, aiming to protect against sophisticated scams and integrating cybersecurity as essential infrastructure.

10. Social Security Numbers Exposed in Cyber Attack on Louisiana Special School District
The Louisiana Special School District reported a data breach involving student and employee Social Security numbers and addresses due to a cyber attack by the Akira Ransomware Group. The district detected the breach in May, notified employees, and worked with law enforcement to address vulnerabilities. Services are expected to resume fully by August 1.

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