Page 12 - Cyber Fraud

Cyber attacks triple in last 3 yrs, but security funds remain underutilised

The funds meant for cybersecurity have been underutilised with only Rs 98.31 crore used of the total Rs 213 crore sanctioned

Tepid demand for cyber insurance policies despite steep rise in attacks

Experts see signs of change because of heightened awareness and increase in enquiries

Bluebugging: How hackers use your Bluetooth-enabled devices to steal data

Understanding the mechanism of the crime and the steps you must take to evade it

Blocked 700 crypto accounts between April-Sep over irregularities: WazirX

The crypto exchange received 828 requests from law enforcement agencies, of which 764 were Indian and 64 were foreign

Meta introduces new privacy features for protecting its young users

All those under age 16 (or under 18 in some countries) will be defaulted into more private settings when they join Facebook, Meta says

Web series 'Jamtara' inspires cyber thugs, 7 cases reported from Lucknow

According to police reports, at least seven cases have been reported from the city in the last 20 days where people were duped by miscreants posing as army men or from the paramilitary forces.

Consulting firms stepping up to build stronger cyber armour for businesses

Cyber threats, especially ransomware, have spiked in the past 12-18 months largely due to the highly digitised post-pandemic economy. Some experts have pegged the rise at 38% over pre-pandemic levels

Most CEOs in India seek cyber-risk management plan next year: PwC study

One in four companies worldwide has suffered data breach that cost millions of dollars

Fadnavis directs GST officials to work with cyber dept to curb frauds

Maharashtra deputy chief minister Devendra Fadnavis on Monday asked state GST (Goods and Services Tax) department officials to work closely with the cyber security department of the home ministry to curb increasing cases of financial frauds and cyber crimes. Fadnavis, who also holds home and finance portfolios, issued the instruction after holding a meeting with GST officials as well as those of the state finance department. The review meeting was regarding the current functioning of the GST department, its achievements, growth in collection and intelligence network, among other issues. The deputy CM also held a meeting with officials of the Asian Development Bank (ADB) in Mumbai and sought support of the Philippines-based multilateral agency in various sectors. After the meeting, he said, We need more support from the ADB not only in funding but also in sharing best financial practices across the globe. The state is working to shift its entire public transport system on green ...

Maharashtra: Man clicks on 'update' power bill link, loses Rs 2.14 lakh

A 48-year-old man from Nagpur in Maharashtra lost Rs 2.14 lakh after he clicked on the online link sent by fraudsters posing as state discom officials who asked him to "update" his electricity bill, police said on Tuesday. The victim received text messages on his mobile phone informing him that his electricity connection would be disconnected if he did not update and pay the "pending" bills in April this year. When he called on the contact number believing that the message came from the Maharashtra State Electricity Distribution Company Limited (MSEDCL), the person from the other side asked him to install a remote access app on his mobile phone, a police official said. "After he downloaded the app, the fraudsters asked him to make the payment. Assuming that he was updating the bill, the man clicked on the link. Within seconds, an amount of Rs 2.14 lakh got transferred from his bank account to another account," the official said. A case was registered under various sections of the .

Delhi Police busts syndicate of cyber fraudsters, arrests 4 in duping case

Cyber Police Station of the North-East District of Delhi busted a syndicate of fraudsters and arrested four persons for allegedly duping a man for money

What is a cybercrime portal? Here's how to check complaint status online

The National Cyber Crime Reporting portal is a citizen-centric initiative that enables citizens to report cybercrimes online

Hacked verified Twitter accounts hit Elon Musk with links to crypto spams

Elon Musk was spammed by hacked verified accounts along with non-verified accounts sharing links to crypto scams, as he shared an update about Tesla's latest version of full self-driving Beta

Cybercrime against women up 28% since 2019, Karnataka's share highest: NCRB

Five states account for 61% of country's total such incidents in 2021

Cyber frauds: Banks step up efforts to promote safe banking habits

Apart from HDFC Bank's 'Vigil Aunty', a host of private sector general insurers also offer individual cyber insurance policies

Fraudster seeks gifts from officials in Mumbai police commissioner's name

Several persons in the city including junior police officials recently received a fraudulent message seeking digital gift cards "urgently" in the name of Mumbai police commissioner, an official said on Friday. The unidentified person or persons sending WhatsApp messages used police commissioner Vivek Phansalkar's photo as the display picture (DP), he said. The message asked the recipients to send 20 digital gift cards of e-commerce firm Amazon worth Rs 10,000 in total, the official said. City police has warned its officials not to fall for the fraud, he added. "There is something I need you to please do for me urgently as I am currently attending a very crucial meeting with limited phone calls....There are some listed prospect I am presenting them to today. I can't get it done myself due to meetings and i don't have any of my cards with me. How quickly can you arrange these gift cards because I need to send them out in less than an hour. I would provide you with the type of gift ..

Parliamentary panel wants banks to compensate customers hit by cyber fraud

The hapless customers should not be made to suffer and forced to run from pillar to post for redressal, the panel headed by BJP leader Jayant Sinha said

Kathua DM says cyber criminal using his fake WhatsApp account for fraud

Kathua District Magistrate Rahul Pandey said a cyber criminal was using his WhatsApp account fraudulently and seeking financial favours from employees.

Phishing in troubled waters? Take cover in cyber liability, say experts

Protect family's data, finances; consider floater cover as well

Delhi Police busts interstate gang of cyber frauds dealing in crypto

Delhi Police busted an interstate gang of hi-tech fraudsters and arrested four persons who allegedly used to cheat gullible people on the pretext of facilitating online loans