Page 4 - Cybercrimes

Over Rs 10,300 cr siphoned off by cybercriminals since April 2021: I4C

Over Rs 10,300 crore were siphoned off from the country by cybercriminals since April 1, 2021, of which agencies managed to successfully block around Rs 1,127 crore in the country, Indian Cyber Crime Coordination Centre (I4C) said Wednesday. In a media interaction, I4C CEO Rajesh Kumar said that more than 5,000 complaints of cyber crime are being reported on the National Cybercrime Reporting Portal (NCRP) of which 40-50 per cent are based on frauds committed by gangs operating from China and "pockets of Cambodia and Myanmar". He said he did not mean "nation-State" are running the scams but "gangs" operating from these countries are behind the cyber crimes. "We have pockets of Cambodia and Myanmar. We are seeing Chinese apps. Who is denying?" Kumar said in response to a question. He said aggrieved persons can approach 1930 call centre to register their complaints and banks can block the money if call is made within and hour of the fraud. Around 263 banks and financial institutions ..

Over Rs 10,300 cr siphoned off by cybercriminals since 2021, says I4C

Over Rs 10,300 crore were siphoned off from the country by cybercriminals since April 1, 2021, of which agencies managed to successfully block around Rs 1,127 crore in the country, Indian Cyber Crime Coordination Centre (I4C) said Wednesday. Over 4.52 lakh cyber crime cases were reported on the National Cybercrime Reporting Portal (NCRP) in 2021, which rose by 113.7 per cent in 2022, with 9.66 lakh cases being reported on the portal, Director of I4C Rajesh Kumar told reporters in an interaction here. I4C is a body established by the Ministry of Home Affairs to provide a framework and eco-system for law enforcement agencies for dealing with Cybercrime in a coordinated and comprehensive manner. Kumar said over 15.56 lakh cases were reported on NCRP in 2023, translating into 129 cyber crime cases reported per lakh population, which shows a "deceleration" of growth rate to 60.9 per cent as compared to 2022. "Rs 10,319 crore has been reportedly lost in India from April 1, 2021 to Decem

Cyber crimes push overall crime rate in Telangana by 9% in 2023: DGP

The overall crime rate in Telangana has increased by nearly nine per cent in 2023 compared to the previous year, mainly because of a 17.6 per cent jump in cyber crime, Director General of Police Ravi Gupta said on Friday. Addressing an annual press conference here, the official said 2023 has been an incident-free year compared to the previous one, though it was quite hectic for the police due to the legislative assembly polls held recently. A total of 2.13 lakh cases were registered by the police during the current year -- up by 8.97 per cent compared to last year, while 16,339 cyber crime cases were booked in 2023 as against 13,895 last year, which is an increase of 17.59 per cent, a press release said. During this year, the value of total property lost was Rs 151.78 crore, of which goods worth Rs 80.81 crore (53.82 per cent) were recovered, as compared to 50 per cent last year, the release said. A total of 1,362 cases of kidnapping/abduction were registered during the current yea

GenAI in the hands of the good: Tech used for fighting cybercriminals

Cybersecurity experts are using the technology to train professionals and fight criminals

Increased awareness, digital threat drives cyber insurance demand

Cyber-attacks on rise post pandemic; Nearly 40% growth in cyber policies in 2023

Cyber crime cases in Delhi nearly doubled in 2022 from 2021: NCRB report

Cases of cyber crime in the national capital nearly doubled in 2022, according to the latest report released by the National Crime Records Bureau (NCRB). The number of such cases rose from 345 in 2021 to to 685 cases in 2022, NCRB's comprehensive crime data for 2022 showed. In 2020, the count was much lower with only 166 cyber crime cases, it added. A senior official of Delhi Police said, "We are continuously working to promote cyber awareness and several campaigns are being carried out from time to time.

Financial institutions told to strengthen fraud management system

The FIs consist of central banks, retail and commercial banks, internet banks, credit unions, savings and loan associations

Sitharaman stresses on building awareness among people to curb cyber fraud

Finance Minister Nirmala Sitharaman on Thursday said there was a need to build awareness among people on cyber frauds and take the reins of technology in our hands to stop scamsters from gaming the system. Speaking at the 'DATE with Tech' event, the minister said to stop cyber frauds, where people are duped by way of a phone call or SMS, the government periodically reviews public sector banks, and regulator RBI reviews its own systems. Insurance companies also review their systems. "We are constantly doing what is required. Unless awareness, unless we are able to build that alertness in the mind of people that I should not go by anything that is said on my phone is built, citizens are at risk, Sitharaman said. She said at the micro level there is concern about people getting random calls putting them in a situation where they are getting trapped and as a result ending up losing money. "Those people who game the system probably are one notch ahead of us in terms of using and misusin

CBI busts major cybercrime module, seizes over Rs 2 cr during raids

The Central Bureau of Investigation (CBI) busted a major module of cyber-enabled crimes allegedly coercing foreign nationals for payments.

Logs missing in 42% cyberattacks; small business most vulnerable: Report

Sophos' Active Adversary Report found 83% organisations targeted had less than 1,000 employees

Rashmika Mandanna video row: Delhi police probes Bihar youth in case

The Delhi Police has questioned a 19-year-old youth from Bihar in connection with a deepfake video of actor Rashmika Mandanna that was widely circulated on social media recently, officials said on Wednesday. The police suspect that the youth had first uploaded the video on his social media platform and later shared it widely on other platforms. He was given notice to join the probe as the video was first uploaded on social media from his account, a senior officer told PTI. On November 10, an FIR was registered under sections 465 (punishment for forgery) and 469 (forgery for purpose of harming reputation) of the Indian Penal Code and sections 66C and 66E of the Information Technology Act at the Intelligence Fusion and Strategic Operations (IFSO) Unit of the Delhi Police's Special Cell. However, the city police on Tuesday said no arrest has been made in connection with the case so far. "Though he said that he had downloaded the video from an Instagram account, we are interrogating h

Alliance of 40 countries to vow not to pay ransom to cybercriminals: US

In ransomware attacks, hackers encrypt an organization's systems and demand ransom payments in exchange for unlocking them

A question of balance in age gating for children of the internet

India's new cyber law on parental consent sparks debate on digital privacy and security

Cybercrime network busted in Bengaluru: Rs 854 cr detected in 84 accounts

Notably, the accused were managing the accounts from Bengaluru while residing abroad

Combatting cybercrime key element in nurturing trust: RBI Dy governor

The Deputy Governor held a meeting with heads of the Customer Service Committee of the Board, managing directors, executive directors in charge of customer service verticals

Top 10 epicenters make 80% of total cybercrime in India, says report

The study, released by the Indian Institute of Technology Kanpur-incubated Future Crime Research Foundation, revealed alarming trends - especially pertaining to financial frauds

Financial frauds accounted for over 75% cyber crimes since 2020: Study

Financial frauds accounted for over 75 per cent of cyber crimes in the country from January 2020 till June 2023, with nearly 50 per cent cases related to UPI and internet banking, according to a new study by an IIT Kanpur-incubated start-up. Social media-related crimes such as cheating by impersonation, cyber-bullying, sexting and email phishing accounted for 12 per cent of the online offences during the period, the study showed. The findings have been mentioned by the Future Crime Research Foundation (FCRF), a non-profit start-up incubated at the Indian Institute of Technology (IIT)-Kanpur, in its latest comprehensive whitepaper 'A Deep Dive into Cybercrime Trends Impacting India'. For online financial frauds, which accounted for the maximum 77.41 per cent offences during the period, the FCRF noted that "this category is a dominant concern, covering fraudulent activities related to online financial transactions". "Subcategories include debit/credit card fraud, business email ...

How better cyber sense, zero trust can help overcome the new 'CEO scam'

According to the recent PwC report, CEOs of Indian companies are increasing cyber investments, adjusting supply chains, and changing their physical footprint in response to geopolitical conflict

Cybercrime big challenge, police working to counter it: Uttarakhand CM

Uttarakhand Chief Minister Pushkar Singh Dhami on Sunday said in order to combat cybercrime, people should not only aware themselves about the menace but also inform others. Terming cybercrime as a big challenge, he also said police are working to counter it using new technologies. The chief minister was addressing a gathering after releasing a book, 'Cyber Encounters', authored by Uttarakhand DGP Ashok Kumar and former DRDO scientist OP Manocha. He said it is the responsibility of all to be aware about cybercrimes and also protect others by informing them about it. Criminals are using new techniques every day and the police are working to counter them using new technologies, the chief minister said. This book is based on true incidents and it will not only aware readers but also help them protect themselves against cybercrimes, he said. The book's foreword has been written by eminent actor Amitabh Bachchan and this shows its importance, he said Citing examples of different type

How Japan's cybersecurity nightmare is everyone else's problem too

But while Japan might be an extreme example of such vulnerabilities, it is far from the only country at risk