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. Cyber thugs trapped seven people, cheated them and defrauded them of Rs 3.7 crore
Cyber fraud cases are rising in Varanasi, with seven victims reporting losses totaling ₹5 crore this month alone. Criminals are using tactics like fake digital arrest threats and fraudulent online gaming investment schemes to deceive people. Authorities have urged the public to stay alert and report suspicious online activity immediately.
2. Bank employee caught in ₹1.93 crore cyber scam involving dormant accounts in Bulandshahr
Bank staff in Bulandshahr have been caught facilitating a ₹1.93 crore cyber scam involving dormant accounts. Investigators revealed that the employees approved unauthorized changes, enabling fraudsters to take control and siphon funds. The staff acted as internal facilitators, bypassing security protocols to assist in the large-scale financial fraud.
3. Karnataka man arrested in ₹1 crore cyber fraud case
Goa Police arrested a 63-year-old Karnataka resident, for his role in a ₹1 crore cyber fraud linked to a fake trading scheme, ‘ASK Smart Prospect Y5’. He allegedly received ₹5 lakh, transferred funds to associates, and operated a firm tied to cyber cases worth ₹6.5 crore.
Also Read: Attention Startups! Showcase Your Smart Policing Solutions on India’s Biggest Stage
4. ‘Trump app’ scam hits Karnataka: Over 200 people duped of ₹2 crore
Over 200 people in Karnataka lost ₹2 crore to a now-defunct app called ‘Trump’, which falsely promised returns of over 100% through a bogus hotel rental and investment scheme. Victims were lured with high-profit claims before the platform vanished, exposing yet another digital investment scam.
5. Bandra woman loses ₹23.45 lakh in online trading scam using fake celebrity endorsements
A Bandra-based social worker lost ₹23.45 lakh in an online trading scam that used fake celebrity endorsements to lure investors. She was tricked into investing through a fraudulent platform promising high returns. An FIR has been filed, and police are investigating the source of the bogus promotional material and app.
INTERNATIONAL
6. New Russian hacking group ‘Laundry Bear’ emerges as latest email theft threat
A Kremlin-linked cyber-espionage group, dubbed Laundry Bear by Dutch intelligence and Void Blizzard by Microsoft, has targeted NATO states, tech firms, and critical infrastructure since April 2024. Using phishing and typosquatting tactics, the group steals credentials and data, posing a serious threat to Western national security and Ukraine’s allies.
7. Sheffield startup secures £2.5 million funding to combat cybercrime
Sheffield-based startup SCI Semiconductor has raised £2.5 million to advance its mission of developing the world’s first ‘memory safe’ computer chip, aimed at combating cybercrime. The company plans to double its workforce and accelerate research, positioning itself at the forefront of secure chip innovation in the global tech landscape.
8. Cybercriminals steal $67,000 in Costa Rica through fake banking websites
Costa Rican and Colombian authorities dismantled a cybercrime ring behind fake banking websites that stole over $67,000. “Operation Nexus” exposed a network cloning Banco de Costa Rica’s site to harvest login data. Two suspects were arrested in Costa Rica; digital evidence was seized, and investigations continue across both countries.
9. Ransomware hits MATLAB maker MathWorks, licensing system remains offline
MathWorks, developer of MATLAB, has suffered a ransomware attack that has left its licensing center offline, disrupting access for commercial users and STEM students globally. The outage has halted key engineering and data-analysis functions, with users unable to activate or renew licenses. Recovery efforts are underway as investigations continue.
10. Cyber attack strikes government system aboard Coast Guard vessel
A cyberattack targeting a Philippine Coast Guard vessel was thwarted after a hacker posing as an official sent malware via Viber. The file, designed to control or extract data from a government workstation, was not downloaded. Experts warn of broader threats and urge stronger cybersecurity measures across government agencies.
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