Cyber Fraud

Cybercriminals using fake software updates to take over computers: Report

Fake alerts about Adobe and Zoom trick users into installing remote access software that gives attackers control of infected devices

RBI to issue cyber fraud SOP after refining draft over next four weeks

Deputy Governor Swaminathan J says the RBI has submitted a draft standard operating procedure to the Supreme Court and will refine it before issuing it to regulated entities.

SC asks RBI to frame uniform protocol for banks dealing with cyber fraud

The apex court also directed the Centre and states to strengthen measures against digital arrest scams and asked authorities to improve victim compensation and fund recovery

How to identify banking SMS scams before they empty your bank account

Verify alerts through official channels, never install files sent by text, and report fraud immediately

SC suggests 'digital arrest' to be separate offence under criminal law

The apex court says the Centre should consider a standalone law on 'digital arrest', with stringent penalties and provisions to freeze accused persons' assets

Catch the scam if you can: Rising frauds expose growing governance gaps

Despite tech investment, rising complexity in frauds exposes governance gaps and digital vulnerabilities. There is an urgent need for stronger oversight

How ransom attacks on small businesses open doors to larger organisations

Kaspersky says India's SMBs are becoming attractive ransomware targets as cybercriminals exploit weak security, growing digital adoption and deeper integration with enterprise supply chains

Sebi flags 'Boss Scam', cautions companies against CEO impersonation fraud

Sebi noted that perpetrators are increasingly deploying advanced techniques such as deepfake voice cloning and AI-generated video calls to impersonate company heads

What is AI squatting? An emerging cyber threat targeting AI hallucinations

AI hallucinations are no longer merely producing wrong answers. Attackers are registering fake domains and software packages that models may recommend, creating new routes for phishing and malware

Meity evaluating Trai request for regulating caller ID apps: S Krishnan

Meity is evaluating Trai's request to act against caller ID apps under the IT Act as banks seek a dedicated number series to ensure genuine customer calls are answered

Govt's username feature scrutiny may help curb cyber fraud: 63SATS CEO

"So username is something that you decide. It's the fastest finger first. So anyone who blocks a high-profile person's name could have that username first," he said

Digital arrest and fear scams: Why educated users fall for cyber fraud

Digital arrest scams show how cybercriminals use fear, authority and urgency to make even educated and financially aware users ignore warning signs

Cybercrime complaints are easy to file. But why justice takes longer

India has made cybercrime reporting easier, but victims still face delays in FIRs, fund recovery and investigations. Here's what happens after a complaint is filed

Cyber insurance race heats up as Liberty joins crowded ₹850-crore market

As cyberattacks surge, insurers rush to launch cover-but can insurance keep up with India's digital risks?

Digital arrest to UPI fraud: How to stay safe from top cyber scams

From digital arrest to investment fraud, cyber scams increasingly use fear, urgency and impersonation. Here is how to spot the warning signs

RBI caps compensation for digital fraud victims at ₹25,000 under new norms

However, the central bank has deferred the implementation of the framework by six months, from July 1, 2026, to January 1, 2027

Why Tata Electronics' cyber breach could be a concern for Apple and Tesla

A ransomware group claims to have leaked over 200,000 Tata Electronics files, including documents linked to Apple and Tesla, raising fresh supply-chain security concerns

Corporate honchos on the radar of cyber criminals; I4C warns of 'Boss Scam'

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

Smaller AI models likely powering India's escalating deepfake menace

Cheap, customised AI tools are making deepfake scams harder to detect, exposing banks, fintechs and consumers to rising fraud risks

Ex-PM IK Gujral's son duped of ₹7.8 cr in online scam; ₹4 cr frozen

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