Page 8 - Cyber Fraud

Cyber attack hits Pakistani UN Mission; email, YouTube channel breached

Pakistan's Permanent Mission to the UN was targeted by a cyber attack, infiltrating its official email account and the YouTube channel, a media report said on Saturday. The cyber attack occurred on Friday, at 4 pm US time, The Express Tribune newspaper reported. The breach targeted the email ID used by the Permanent Mission's information wing, the report said. The mission's YouTube channel was also compromised, and the attackers altered its name, banners, and content, the report said, quoting sources. The Pakistani UN mission requested all emails and videos put on its channels be ignored until they regain control of their accounts. No group/entity has taken responsibility for the cyber attack.

Cyberattack targeted brands, celebrity accounts including CNN, says TikTok

TikTok said that the number of accounts compromised is "very small" and it is working with affected account owners to restore access if needed

Bank frauds rise 166% in FY24 to over 36,000 cases, shows RBI annual report

RBI annual report: Amount involved in bank frauds decreased 46.7% in FY24 to Rs 13,930 cr

Man suspected of operating 'world's largest ever' cybercrime botnet held

An international law enforcement team has arrested a Chinese national and disrupted a major botnet that officials said he ran for nearly a decade, amassing at least USD 99 million in profits by reselling access to criminals who used it for identity theft, child exploitation, and financial fraud, including pandemic relief scams. The US Department of Justice quoted FBI Director Christopher Wray as saying on Wednesday that the 911 S5 botnet a network of malware-infected computers in nearly 200 countries was likely the world's largest. Justice said in a news release that Yunhe Wang, 35, was arrested May 24. Wang was arrested in Singapore, and search warrants were executed there and in Thailand, the FBI's deputy assistant director for cyber operations, Brett Leatherman, said in a LinkedIn post. Authorities also seized USD 29 million in cryptocurrency, Leatherman said. Cybercriminals used Wang's network of zombie residential computers to steal billions of dollars from financial ...

US sanctions 3 Chinese, 3 Thai entities over Covid related cyber fraud

The botnet enabled users to commit widespread cyber-enabled fraud using compromised victim computers that were associated to residential IP addresses

Here is how much Indians lost to cyber frauds between Jan and Apr of 2024

Most victims fell prey to online investment fraud, gaming apps, algorithm manipulations, illegal lending apps, sextortion, and OTP scams. Here is how much they lost

What is 'digital house arrest'? Find out how to avoid this new scam

Digital house arrest - a new form of cybercrime - involves trapping victims in their homes to defraud them where criminals create fear by making audio or video calls, impersonating law enforcement off

Govt working to prevent international spoof calls deceiving Indian citizens

The Indian Cyber Crime Coordination Centre and the Department of Telecommunications are collaborating to block the influx of overseas spoof calls that falsely alleging digital arrests

Indians lose Rs 7,061.51 cr to cybercrime in 4 months: All you need to know

The Indian Cyber Crime Coordination Centre (I4C) reveals that a significant chunk of these frauds originate from Cambodia, Myanmar, and Laos

Indian banking industry increases their cyber insurance cover in FY24

The cyber insurance claims ratio by the banking industry in India has increased to over 50 per cent in the financial year 2022-23 compared to 40 per cent in the financial year 2021-22

RBI plans curbs on suspect bank accounts to fight cyber fraud: Report

The suspensions would target accounts frequently misused to transfer funds gained from cyber crime, both government sources said

OTP fraud: How govt, SBI Card, telcos are joining hands to fight the menace

OTP fraud exploits the security feature designed to protect online transactions - One Time Passwords (OTPs). Find out how fraudsters operate and what the government is doing to stop them

Bank OTP frauds on the rise: Here's what govt is doing to tackle it

The govt is currently testing a system that will allow banks to securely track a customer's registered address and geolocation to ensure the secure delivery of OTPs

Scammer gives online security advice to man on WhatsApp; Paytm MD reacts

The scammer admitted that they send APK files to users, which, once downloaded, can give them access to all incoming messages, including OTPs

Apple Lockdown mode: What is it, and how it prevents spyware attacks

Only users who perceive themselves as potential targets should use the feature, says company

Apple warns users in India, 91 other nations of 'mercenary spyware' attack

The threat notification by Apple said that it had detected that users were 'being targeted by a mercenary spyware attack that is trying to remotely compromise the iPhone'

Cambodia fake job scam explained: Over 5k Indians coerced into cybercrimes

The Indian Embassy has rescued 250 victims of illegal cyber work scam in Cambodia over the last three months. Here is everything you need to know about fake job scam

RBI to set up Digital India Trust Agency to check illegal lending apps

As part of its efforts to curb growing cyber fraud, the Reserve Bank is considering establishing a Digital India Trust Agency (DIGITA) to stop the mushrooming of illegal lending apps. The proposed agency will enable verification of digital lending apps and maintain a public register of verified apps, sources said. Apps not carrying the 'verified' signature of DIGITA should be considered unauthorised for the purpose of law enforcement, sources said, adding that this will serve as a pivotal checkpoint in the fight against financial crimes in the digital realm. DIGITA, once in place, would be entrusted with the responsibility of vetting digital lending apps, they noted. According to sources, a thorough verification process would help instil greater transparency and accountability within the growing digital lending sector, which has witnessed a surge in fraudulent activities and unscrupulous practices in recent times. Meanwhile, the Reserve Bank of India has shared a list of 442 uniqu

Norton unveils dark web monitoring tool for protection from identity theft

Norton, a leading software security provider and part of the Nasdaq-listed Gen, on Tuesday launched its Dark Web Monitoring solutions Norton 360 Premium, aimed at protecting consumers from identity theft, a top official said. With the Dark Web Monitoring services, the software monitors and alerts consumers if their personal information has been shared on the Dark Web and allows them to take action on the issue. "This innovative addition to our security package enables customers to proactively protect their digital identities in a time when cyber dangers are always present," Gen India, Director Ritesh Chopra said. According to company officials, the Dark Web comprises of small part of the internet where anonymity comes with a price and nefarious activities are conducted including the exchange of illegal goods and information. "We keep an eye out for any hacks, compromised credentials, and illegal activity by continuously searching the shadowy corners of the internet. This way, we ca

Need to train more officials to prevent, detect cyber crimes: Mumbai Police

Mumbai Police Commissioner Vivek Phansalkar on Wednesday said there was an urgent need to train as many police officials as possible to investigate and prevent cyber crimes. He was speaking at a training workshop organised for Mumbai Police's 'Cyber Commandos'. On the occasion, the police introduced 'Cyber Commandos' trained for prevention and detection of cases related to cyber crime and also unveiled a poster of helpline 1930. Addressing the officials who underwent training, Phansalkar in the last two years, there has been an increase in cyber frauds and cases of sextortion, identity theft, phishing and cheating. Such cases lead to both financial and reputational damage, he said. Considering the threat of crime in the cyber space, every head constable working at a police station has to be computer and digital literate, said the senior IPS officer. "In the next phase, the Mumbai Police will train station house officers and other policemen on cyber crime investigation," he said.