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Top 10 Daily Cybercrime Brief by FCRF [05.06.2024]: Click here to Know More

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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. Real estate businessman ordered to pay Rs 2 crore
A businessman in Paschim Vihar was threatened with a Rs 2 crore extortion demand by someone claiming to be from the Nandu gang, using an international number. The call occurred between 5 and 6 p.m. on Monday. This follows a recent Rs 5 crore extortion threat to a real estate businessman in Civil Lines by gangster Goldy Brar.

2. Sebi unveils ‘Saarthi 2.0’ mobile app for investors
Sebi launched the ‘Saarthi 2.0’ mobile app to aid investors with personal finance management, offering financial calculators, educational modules, and investor support. The app addresses the surge in trading scams, providing reliable investment information amidst widespread cyber fraud. It targets young investors and is available on Google Play and iOS AppStore.

3. young man from Dighi commits suicide after sextortion scam
A young man from Dighi committed suicide after being blackmailed with altered lewd images by an anonymous woman who demanded Rs 51 lakh. He paid Rs 10,000 before the harassment drove him to hang himself. police registered a case against six individuals. Victims are advised to preserve evidence and report such crimes immediately.

4. Most banking frauds are third-party scams. IBA
Indian Banks’ Association chairman M V Rao highlighted that the increase in bank frauds is mainly due to third-party scams, not banking system breaches. He emphasized the importance of early fraud reporting and customer protection. The All India Bank Employees’ Association launched an online ‘bank clinic’ to help customers address grievances and raise awareness.

5. Woman loses Rs 10 lakh in online stock fraud
A housewife from Pimpri lost Rs 10.2 lakh in an online share trading scam between April 2 and 9. After seeing a social media ad promising 300% profit, she transferred the money to various accounts but couldn’t withdraw any funds. She reported the scam to cyber police, who registered a case.

ALSO READ: Fight FinTech Fraud: Experts Discuss Challenges & Solutions in Upcoming Webinar by Future Crime Research Foundation

Fight FinTech Fraud: Experts Discuss Challenges & Solutions in Upcoming Webinar by Future Crime Research Foundation

INTERNATIONAL

6. Kickstarter star exposes over half a million client records
Peak Design, a California-based accessories maker, exposed over half a million client records and a decade’s worth of support tickets due to an unsecured Elasticsearch instance. The data, accessible to the public, led to a ransomware demand. Cybernews researchers identified the leak, and the company has since secured the data.

7. major incident following a cyberattack on London hospitals
A cyber-attack on Synnovis, a pathology services provider, caused major London hospitals to cancel operations and divert emergency patients. The attack impacted blood transfusions and test results. Emergency care remains available, and IT experts are assessing the damage. NHS and Synnovis are working to minimize disruption and restore services.

8. DarkGate malware switches from AutoIt to AutoHotkey in new cyber assaults
DarkGate malware has transitioned from AutoIt to AutoHotkey scripts in its latest version to evade detection. Released by developer RastaFarEye, this malware now includes features like audio recording and mouse control, while removing others. Phishing campaigns exploit Excel macros and security flaws to deliver DarkGate, posing increased cybersecurity threats.

9. Russian power companies, IT firms, and government agencies targeted by Decoy Dog Trojan
Russian organizations are being targeted by the HellHounds APT group using the Decoy Dog malware, which has compromised 48 entities, including IT, government, and telecom firms. The malware, a variant of Pupy RAT, uses DNS tunneling for covert control and has both Linux and Windows versions, enabling prolonged, undetected infiltration.

ALSO READ: Over 10,000 Fraudulent Messages Stopped: Find Out How the Government Did It

10. Spain’s most-wanted cybercriminal apprehended in Romania
Daniel M.V., Spain’s most wanted cybercriminal, was arrested in Bucharest, Romania, after a three-year chase. His online fraud spree included hijacking WhatsApp accounts, phishing, and child-in-need scams. He used an industrial printer for bank fraud, laundering over €10 million through cryptocurrency. Seized items included forged documents and cryptocurrency mining equipment.

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