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Terming cyber crime as "digital dacoity", the Supreme Court on Wednesday refused to consolidate over 30 criminal complaints pending against two persons in 12 states for allegedly allowing the use of their company's account as a mule for commission of various offences. "Digital arrests and such cyber offences are digital dacoity there is no question of giving any judicial forum to such persons," a bench comprising Chief Justice of India Surya Kant and justices Joymalya Bagchi and V Mohana said. Strongly condemning the organised cyber crime rackets targeting senior citizens through digital arrests, the CJI said those involved must face stringent action. "An 81-year-old from Ernakulam (Kerala) was defrauded of Rs 1.90 crore and his money was deposited in your mule account," the CJI said. "You decided to use the account of your company for cyber crime like digital arrest," the bench said while refusing to entertain the plea of Gourab Kumar Saha and Nidhi Bhandari. The bench refused to
The US government isn't doing enough to fight the surge in cyberscams, and partnerships with the private sector remain fragmented and voluntary, an investigation into the global scam industry led by the Joint Economic Committee of the US Congress has found. The government doesn't even have a unified accounting of how much money has been seized from overseas scam compounds, nor how much has been returned to victims, according to the report, released Tuesday by ranking Democrats Senator Maggie Hassan and Rep Don Beyer. Citing findings from a yearlong investigation into global scams by The Associated Press and FRONTLINE, the report called for greater collaboration across agencies, support for victims, and deeper private sector engagement. "Transnational criminal organisations run massive compounds that exploit US technology, including AI, to carry out scams against Americans with devastating consequences," Hassan said in an email. "The scale of this exponentially growing challenge ...
State-run Punjab National Bank (PNB) has cautioned its customers about AI-enabled cyberattacks, especially AI voice cloning, deepfakes, and phishing, amid surging incidents of fraud, and has advised them to remain vigilant. Highlighting that October is observed as National Cyber Security Awareness Month every year, the bank informed customers that fraudsters are using increasingly sophisticated methods to make their attempts more convincing. "Many cyber frauds today exploit human behaviour, particularly trust, fear, urgency and everyday digital habits. Fraudsters may imitate the voice or appearance of your family members, friends, or trusted persons and create a false emergency to seek an urgent transfer of money," PNB MD and CEO Ashok Chandra said in his message to customers. Similarly, fraudulent emails, SMS or messages may appear highly personalised and like genuine bank communications, making them more difficult to identify, he said, adding that they create panic and make ...
Prime Minister Narendra Modi on Thursday called for a global framework to tackle cyber frauds and deepfakes, saying digital threats have crossed national boundaries and require coordinated action by all stakeholders. Inaugurating the tenth edition of the India Mobile Congress (IMC) 2026, Modi said governments, technology companies, telecom operators and financial institutions should create mechanisms to curb digital frauds. "I urge the GSMA and telecom operators across the world: come, let us create a global mechanism that can stop such fraud before it reaches the people. India has learnt a lot from its experiences in this direction, and India is always ready to share its experiences with the world," Modi said. Technology can achieve scale only when it gains people's trust, he said. A person sitting in one country, with the help of a person in another country, can commit a crime in a third country, Modi said, adding that deepfakes have become a big challenge.
The Indian Cyber Crime Coordination Centre (I4C) has warned of a sophisticated fraud campaign, "Boss Scam", targeting corporate leaders by compromising the devices of senior executives and their messaging accounts, before directing employees to make fraudulent financial transfers. In a carefully calibrated deception, scammers contact chief executives or other high-ranking officials via email and WhatsApp, posing as regulators from the Reserve Bank of India, threatening the victim with violations, urgent deficiencies and directing immediate action, creating a climate of manufactured pressure. The hackers unload their malware onto the devices used by the senior corporate leaders in the form of a compressed ZIP archive containing an executable program accompanied by a Dynamic Link Library file. "When the executive extracts and executes the file on a Windows desktop or laptop, a Trojan dropper is initiated. The malware establishes a persistent foothold, compromises the system, and hijac
Former Rajya Sabha MP Naresh Gujral was allegedly duped of Rs 7.8 crore after scammers impersonated him on an online messaging application and tricked his company's financial staff into transferring funds, police said on Thursday. Naresh Gujral, 78, is the son of the late Inder Kumar Gujral, who served as India's 12th prime minister from 1997 to 1998. An e-FIR in connection with the fraud was filed with the Delhi Police on Tuesday, prompting an investigation. According to police, the fraud occurred between June 12 and June 16. During this period, the scammers created an account on an online messaging platform using Naresh Gujral's display picture to impersonate him. They sent messages instructing one of his employees to transfer funds via Real-Time Gross Settlement (RTGS) to a specified bank account for what appeared to be urgent business-related purposes. Believing the instructions were legitimate, the employee, who had been given financial access by Gujral, executed four separat