Top 10 Daily Cybercrime Brief by FCRF [11.08.2024]: Click here to Know More

Important global cybercrime news has been curated by Futurecrime Researchers to keep you informed about various types of digital fraud occurring worldwide and to provide insights into the best mitigation strategies. Read below to learn more in detail.

1. Cybercriminals Target locals and exploit accounts for Fraudulent Activities
Two cases of cyber fraud were reported in Ludhiana, where scammers used victims’ PAN cards to open bank accounts and take loans. Shreyansh Jain discovered a Rs 3 lakh loan in his name, while Ajinderpal Kaur’s new account was frozen due to misuse. police have registered cases against the unidentified culprits.

2. Cybercriminals Drain Rs 1,730 Crores in Just 4 Months
Home Minister Vangalapudi Anita revealed that cyber crimes totaling Rs 1,730 crore occurred in India over four months, with a 24% nationwide increase. An app to address 16 types of cyber fraud was launched. A 39-year-old homemaker lost Rs 44 lakh in an online trading scam, highlighting rising cyber crime risks.

OTHER DEVELOPMENTS: FCRF Launches ‘Cyber Safe Uttar Pradesh’ Initiative to Combat Rising Cyber Crime

3. Police Dismantle Cyber Scam Network, Apprehend 8 Suspects
Dehradun Police arrested eight individuals for running an illegal call center that scammed foreigners by posing as anti-hacking officials. The operation, led by SSP Ajai Singh, seized 81 laptops, 42 mobile phones, and other equipment. The suspects, from various states, targeted U.S. and Canadian citizens. The police team will receive a Rs 25,000 reward.

4. Couple Loses Rs 3 Crores After Investing in ‘Stocks’
Nabanita Mishra from Indirapuram lost over Rs 3 crore in a cyber fraud after being lured into a fake investment scheme via a Facebook ad. She and her husband made 22 transactions for supposed stock trading through a WhatsApp group. The fraud was discovered after they couldn’t access their funds. A case has been filed.

5. Digital Sting: 3 Individuals Posing as CBI Officials Arrested
Three individuals from Bihar were arrested in New Delhi for posing as CBI officials and scamming ₹2 lakh from an NDMC official’s spouse by threatening her with a “digital arrest.” The suspects, found with multiple phones, ATM cards, and SIM cards, coerced the victim over a six-hour call. police traced the funds to Canara Bank and SBI accounts, leading to their arrest.

ALSO READ: FutureCrime Summit: Biggest Conference on Cyber Crimes Set to Return in February 2025

INTERNATIONAL

6. Critical OpenVPN Flaws Endanger Millions of Devices to RCE Attacks
Microsoft researchers discovered medium-severity vulnerabilities in OpenVPN, exposing users to remote code execution (RCE) and local privilege escalation (LPE) risks. These flaws affect all OpenVPN versions before 2.6.10 and 2.5.10. Users are urged to update to these versions to prevent data breaches, system compromises, and unauthorized access.

7. Cyberthieves Execute 5,100 Transactions Using Bank Cards of Charlotte Victims, Say Federal Authorities
The FBI dismantled a decade-long cyber theft ring that involved 148,000 fraudulent transactions totaling $1.8 million using stolen credit and debit cards from victims in Charlotte and Mooresville. Ukrainian Viacheslav Basovych was arrested in Germany, extradited to Charlotte, and charged with wire fraud, access device fraud, and money laundering.

ALSO READ: WhatsApp, Facebook, Telegram: The New Hunting Grounds for Stock Market Scammers

8. NHS Urgently Appeals for Blood Donations Following IT cyberattack, Hospitals Struggle to Match Patients
The NHS urgently appeals for O blood-type donors following a ransomware attack on London’s major hospitals, including King’s College, Guy’s and St Thomas’. The attack, linked to Russian cybercriminals, disrupted blood transfusions, leading to surgery cancellations. NHS urges O-Positive and O-Negative donors to book appointments immediately.

9. Imane Khelif Files Legal Action Over Cyber Harassment Following ‘Digital Lynch Mob’
Olympic gold-winning boxer Imane Khelif has filed a legal case against cyberbullying after facing misogynistic, racist, and sexist online abuse. Despite failing a sex test last year, Khelif won the women’s 66 kg title in Paris and insists she is a woman. Her lawyer confirmed the complaint was filed with the Paris prosecutor’s office.

ALSO READ: Hindenburg Strikes Again: SEBI Chief’s Alleged Link to Adani Scandal Exposed

10. Time to Repeal the Cyber Security Act
The Digital Security Act in Bangladesh, criticized by human rights groups and the U.S. for restricting free speech, has been widely abused, particularly against journalists. Critics argue it threatens freedom of expression by targeting media and social media content. There are calls for its repeal or significant reform to protect democratic rights.

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