Page 2 - Cyber Fraud

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

Stock brokers to report cyber attacks within 6 hrs of detecting them: Sebi

Sebi on Thursday asked stock brokers and depositories participants to report all cyber attacks, threats and breaches experienced by them within six hours of detecting such incidents. They have to report such incidents within the specified time to the exchanges, depositories and the regulator. The incident will also be reported to the Indian Computer Emergency Response team (CERT-In) in accordance with the guidelines issued by CERT-In from time to time, according to a circular. Additionally, the stock brokers and depository participants, whose systems have been identified as 'protected system' by National Critical Information Infrastructure Protection Centre (NCIIPC) will also report such incidents to NCIIPC. "All cyber attacks, threats, cyber incidents and breaches experienced by stock brokers/ depositories participants shall be reported to stock exchanges/ depositories and Sebi within six hours of noticing/ detecting such incidents or being brought to notice about such incidents,

Troubled times for India Inc as ransomware attacks become more frequent

Industry experts point to a spike in the use of Ransomware as a Service (RaaS), a SaaS-based attack vector. Criminals can buy it on the dark web and needn't know how to code it in order to use it

Senior citizens are frequent targets of cyber fraud, says Tsaaro's survey

29% think existing laws surrounding privacy are enough to enable elders to protect their privacy online

Amazon fraud: Two Americans plead guilty in multi-million dollar scheme

Two American nationals have pleaded guilty in a case of multimillion-dollar scheme to manipulate the Marketplace platform of Amazon in which an employee was sentenced to 10 months in prison

Why new CERT-In rules will be game changer in India's cyber security space

Experts believe that though the rules are very broad in nature, this is the first time that a mechanism is being put in India that makes reporting cyber incidents mandatory

Hackers steal $323 mn in crypto from cross-chain protocol Wormhole

Wormhole is a platform that allows users to transfer cryptocurrency across different blockchains.

Consumers lost $770 million in social media scams in 2021: Report

More than 95,000 people reported about $770 million in losses to fraud initiated on social media platforms in 2021, according to a new report

Senior citizens loses over Rs 11 lakh to cyber fraudsters in Mumbai

A senior citizen was allegedly duped of over Rs 11 lakh by cyber fraudsters when she tried to recover the money she had lost while ordering pizza and dry fruits online, police said on Saturday.