The Top Ten cyber crime news summaries on The420 are meticulously curated by Future Crime Researchers from the Future Crime Research Foundation (FCRF) and powered by Algoritha Security Pvt. Ltd. These summaries feature the most critical cyber crime developments from around the world. Keep reading—and stay safe.
1. Noida Cyber Fraud: Three Arrested in ₹3.26 Crore Online Scam Case
Three cyber fraudsters were arrested in Noida for allegedly duping victims of ₹3.26 crore through an elaborate online scam. The accused used fake websites and deceptive tactics to lure people into fraudulent investments. Police seized multiple electronic devices and bank documents. An investigation is underway to trace more victims and associates.
2. Faridabad Cyber Police Uncover ₹93.51 Lakh Share Market Fraud; Two from Rajasthan Held
Faridabad Cyber Police busted a ₹93.51 lakh share market investment scam and arrested two men from Rajasthan. The victim was duped through a fake WhatsApp investment group. The accused provided bank accounts and SIM cards to the fraudsters, enabling the transactions. Further investigation is ongoing to identify additional suspects.
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3. Retired IVRI Scientist Duped of ₹1.29 Crore in Sophisticated Cyber Fraud
A retired scientist lost ₹1.29 crore to cybercriminals who posed as law enforcement officials. Using fear tactics and fake identities, the fraudsters convinced the victim of alleged involvement in criminal activity and coerced him into transferring funds. Police have launched a probe to trace the culprits and recover the money.
4. U.P. STF Arrests Three in Bhopal Over Social Media Task-Based Scam
The Uttar Pradesh STF arrested three individuals from Bhopal for their involvement in a cyber fraud linked to fake social media task scams. Victims were lured with promises of high returns for completing simple online tasks. The accused operated through messaging apps and bank accounts. Further investigation is currently underway.
5. Hyderabad Resident Defrauded of ₹2.3 Lakh by Fake Seller on OLX Platform
A Hyderabad man lost ₹2.3 lakh to a scammer posing as a seller on OLX. The fraudster tricked the victim with a fake product listing and collected payments through multiple transactions. After the item was never delivered, the victim reported the fraud. Cyber police are investigating the case.
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6. Interpol Flags Surge in Cybercrime Across African Nations
Interpol has raised concerns over the growing wave of cybercrime across West and East Africa, highlighting its impact on regional security. Criminal networks are exploiting digital vulnerabilities to carry out financial fraud, phishing, and ransomware attacks. Authorities urge greater cross-border cooperation and investment in cyber defense infrastructure to combat the threat.
7. Former NATO Hacker: “In Cyberspace, Ceasefires Don’t Exist”
A former NATO hacker has warned that in cyberspace, the concept of a ceasefire doesn’t exist. Cyber threats persist continuously, regardless of geopolitical peace or conflict. He emphasized the need for constant vigilance and proactive cybersecurity measures, as state and non-state actors exploit vulnerabilities around the clock without pause.
8. FBI Issues Alert as Scattered Spider Expands Attacks to Airline Industry
The FBI has issued a warning that the cybercriminal group Scattered Spider is now targeting the airline industry. Known for sophisticated social engineering and ransomware attacks, the group poses a growing threat to aviation infrastructure. Authorities urge companies to strengthen cybersecurity protocols to prevent data breaches and operational disruptions.
9. Cisco Talos Warns of Cybercrime Surge Fueled by Malicious AI Models
Cisco Talos has warned that cybercriminals are increasingly using malicious AI models to generate malware and craft advanced phishing scams. These uncensored and custom-built AI tools are fueling a new wave of cybercrime, making attacks more scalable and harder to detect. Experts urge stronger AI governance and cybersecurity measures.
10. Qilin Ransomware Attack on UK’s NHS Linked to Patient Death
A patient’s death in the UK has been linked to the June 2024 ransomware attack by the Qilin gang on Synnovis, a pathology services provider for London’s NHS. The attack caused major disruptions to diagnostics and treatment, raising serious concerns about the impact of cyberattacks on critical healthcare infrastructure.
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