Page 7 - Cyber Fraud

Centre to train 5,000 Cyber Commandos over next 5 years: Amit Shah

Under the 'Cyber Commandos' program, the Centre will establish a specialised unit of trained 'Cyber Commandos' across States and Union territories

Delhi court grants bail to 9 persons accused in $15 mn cyberfraud case

In July this year, the CBI arrested 43 accused people from a Gurugram call centre in connection with the case

Security agencies detect phishing fraud that mimics MoD's official website

Indian cyber-security agencies have detected a phishing fraud that "mimics" the official website of the Ministry of Defence to "harvest" the log-in credentials of officials to "steal" sensitive government documents. An advisory issued this week by the National Informatics Centre (NIC) has identified two phishing links -- mod.gov.in.aboutcase.nl/publications.html and mod.gov.in.army.aboutcase.nl/publications.html. The communication has been accessed by PTI and it says both the URLs seek NIC-provided log-in credentials of government officials through a fake e-mail that comes attached with a "fake" document titled "Hackers Targeted Defence Personnel in Mass Cyber Attack". Once individual credentials like log-in IDs and passwords are punched, the links re-direct the users to a "login-error.html" page. "Both the phishing URLs have mirrored the original MoD website (www.mod.gov.in) to lure end users into believing they are legitimate MoD websites," the communication says. The two links

SBI manager, gym trainer held in Rs 175 cr cyber fraud case in Telangana

Fraud uncovered after numerous complaints on the National Cybercrime Reporting Portal

Indian banks spending less on cybersecurity than global peers, says BCG

Digital payment frauds saw a more than fivefold jump to Rs 1,460 crore ($175 million) in the year ended March 2024 from the previous year

Centre warns against fake letter seeking response over porn on devices

The fraudulent letter is currently circulating, falsely claiming to be from the agency and asserts that suspicious activity has been detected linked to a recipient's IP address

America faces many elevated threats 'all at once', says FBI director

The country is facing heightened threats from many corners at a time when law enforcement agencies are struggling, FBI Director Christopher Wray said in an exclusive interview, adding that he is hard pressed to think of a time in my career where so many different kinds of threats are all elevated at once. Wray spoke Wednesday with The Associated Press while visiting the Minneapolis field office to talk about partnerships between law enforcement agencies and also with other entities. His remarks come as the FBI confronts heightened concerns over terrorism, both domestic and international, as well as Chinese espionage and intellectual property theft and foreign election interference. I worry about the combination of that many threats being elevated at once, with the challenges facing the men and women in law enforcement more generally, Wray said at the office in the suburb of Brooklyn Center. And the one thing that I think helps bridge those two challenges is partnerships. That's how w

Google to help build cyber protection software for Australian infra

The software for organisations such as hospitals, defence bodies and energy suppliers will be customised to be in line with Australia's regulatory environment

ED, Cyber Crime conduct search ops at 20 locations in Magicwin case

The ED's investigation revealed that the Magicwin website was involved in illegal activities such as betting

Fintechs asked to sign up on financial cyber fraud reporting portal

To also appoint a nodal officer to attend to customer grievances and engage with law-enforcement agencies to prevent fraud

Phishing attacks targetting CrowdStrike users after global outage: CERT-In

A Microsoft Windows outage caused by a faulty CrowdStrike Falcon Sensor update led to system crashes globally. Now a phishing campaign is targeting CrowdStrike users who were impacted by the outage

Global outage leading to phishing attacks against CrowdStrike user: CERT-In

The Indian cyber security agency has said a phishing attack campaign has targeted users impacted by the recent global computer outage, with attackers impersonating CrowdStrike support staff to trick people by offering to help them with system recovery tools. According to a CERT-In advisory issued on Saturday said, these attack campaigns could "entice an unsuspected user to install unidentified malware, which could lead to sensitive data leakage, system crashes and data leak." The world suffered a major computer systems outage on July 19 due to a faulty update to the CrowdStrike Falcon Sensor software leading to crash of Microsoft Windows operating system. The event grounded numerous flights, hit business, banking and hospital systems across the globe including in India. The systems have now recovered as both CrowdStrike and Microsoft released official fixes even as some organisations continue to recover from the mega technology meltdown. It has been reported, the advisory said, tha

Cybercrime costs to hit $10.5 trn by 2025: How insurance may save your biz

Cyber insurance is crucial for any organisation that uses digital systems and holds sensitive information

Different faces of bank frauds

Customer education is the key to combating digital fraud, while improved credit appraisal, underwriting, and risk management can help contain loan fraud

Scam alert: Upstox warns investors against cyber fraud, Check details

Online stockbroker flags fake WhatsApp channels that falsely claim affiliation with the company

Rs 38.25 cr swindled in cyber fraud across India in two months: Police

The police have arrested 28 people, including nine women in the last two months, for allegedly duping people by offering investment opportunities in the share market, police said on Monday. The police said Rs 38.25 crore has been swindled in separate incidents of cyber fraud in the past two months. During the investigation, the police recovered Rs 27,700 in cash, three laptops, 24 chequebooks, an iPOS machine, 15 mobile phones and 95 SIM cards from their possession, DCP cyber Siddhant Jain said. The police said 10,472 complaints and 540 cases are lodged against the accused across the country. Of these, 26 cases are registered in Haryana, including six in Gurugram. Further investigations are underway, the police said. The accused used to commit cyber crimes like task-based fraud in the name of getting profit in the share market, in the name of online ticket booking, through social media and getting money transferred by pretending to be experts, Jain said. DCP Jain said that after .

BSNL data breach exposes 278 GB of sensitive telecom info, twice in 6 mts

A threat actor has claimed to have obtained sensitive data, which includes international mobile subscriber identity numbers, SIM card specifics, home location register data, and security keys

Technology to financial services: Cyber frauds hurt organisations

One reason for cyber frauds is limited investments in governance protocols

Japan's space agency hit by cyberattacks, no sensitive data compromised

Japan's space agency has suffered a series of cyberattacks since last year, but sensitive information related to rockets and satellites was not affected and it is continuing to investigate and take preventive measures, officials said Friday. Chief Cabinet Secretary Yoshimasa Hayashi acknowledged that the Japan Aerospace Exploration Agency, or JAXA, has had "a number of" cyberattacks since late last year. JAXA has investigated the extent of illegal access while shutting down the affected networks and verifying that they did not contain classified information about operations of rockets and satellites and national security, he said. Hayashi vowed to strengthen Japan's ability to counter cyberattacks. Japan has been accelerating a military buildup in response to China's growing military might and is hoping to be able to develop a counterstrike ability, but experts say Tokyo will continue to need to rely heavily on the United States for launching long-range cruise missiles at ...

Drafting of rules under data protection law in advanced stage: Vaishnaw

Drafting of rules under the data protection legislation is in advanced stage with industry-wide consultations slated soon, Union Minister Ashwini Vaishnaw said on Saturday, asserting that India will also look at doubling electronics production and adding jobs under the Modi 3.0 government. At the same time, the Minister for Electronics and IT assured that regulatory work will see "good continuity" and that the agenda on digital regulatory framework remains "intact". The timelines for semiconductor plants of Micron and Tata Group too are on track. The process of implementation of the Digital Personal Data Protection (DPDP) Act will be based on 'digital-by-design' principle, paving the way for a new way of working, and the work on creating this 'digital by design' platform is also moving in parallel. Such a platform or portal will be created in-house by the likes of NIC and DIC. The Parliament had passed the DPDP Act in August last year. The key piece of legislation aims to protect th