The police received over 500 complaints alleging that many social media influencers and YouTubers promoted the HIBOX mobile application on their pages and lured people into investing through the app, the officer said.
Fraudsters in Himachal Pradesh minted a series of a cryptocoins -- two of which were KRO and DGT -- to cheat thousands of investors of more than Rs 200 crore over a period of five years, beginning in 2018 -- the year the crypto reached fever pitch.
The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.
The directions follow a report by the Indian Cyber Crime Coordination Centre, which has seen a new pattern of transnational cyber-enabled financial fraud and investment scam, impersonating as stockbrokers and company executives.
Crypto currency platform WazirX, a cyber-attack on July 19 this year in which nearly 40 lakh Indians have suffered a loss of to a tune of $230 million or Rs 19.12 billion, has moved the Singapore high court seeking a moratorium in any legal action against it and for legal protection.
Link your UPI app to a separate bank account or wallet that has only a limited sum.
The size of the scam is about Rs 15,000 crore, as per the first information report (FIR) registered by the police in the case.
'What we are actually missing in India is a platform wherein the government engages with cybersecurity experts, gets them employed and then utilises their capability to deter such attacks.'
A fresh examination shall be conducted, for which information shall be shared separately, a senior Ministry of Education (MoE) official said.
Domains spoofing the legitimate Olympics Web site, while fake mobile apps masquerading as transport, booking, or other planning apps are also certain to be leveraged by fraudsters during the event, cybersecurity firms say, which puts Indian users also at risk.
'There has been a marked increase in four types of cases.' 'One is fraud related to online deliveries, online shopping and online groceries and liquor.' 'Second fake news, third hate speech and fourth sextortion.'
Symantec report says India saw 6% of social media scams globally in 2014
The cyber intelligence firm said that the breach includes sensitive information such as email, phone, home address, qualification, work experience etc.
'The major worry for everyone using Internet-linked devices today is whether the latest download on his smartphone or laptop is a bait from a digital hacker who is out to secure access to his hard-earned money,' notes T A Ramalingam, chief technical officer, Bajaj Allianz General Insurance.
The freedom of press can not be used to violate a person's 'inherent' right to reputation and investigative journalism does not enjoy any special protection, the Bombay high court has said while asking a journalist to remove online articles and videos targeting a businessman.
India continues to rank as the third top source of overall malicious activity including spam, malware, phishing hosts and bots
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According to the report, there are 42 million cyber crime victims every year on a pan-India basis. During the last year, 52 per cent of such victims had suffered attacks such as malware, viruses, hacking, scams, fraud and theft.
A phishing scam targetting those buying via eBay was discovered recently.
For a little over two weeks, a group called 'Guardians of Peace' released a new bit of leaked information about Sony almost every day.
While 7,500 of the 7,880 candidates allegedly tampered with the results in the exchange for money to show themselves "eligible" in the results of the final exam, 293 candidates secured forged/fake certificates projecting themselves as eligible candidates after the final results.
Redress for a victim is not easy. It is not really painful to file a cyber-crime complaint.
But someone who is technically unsophisticated enough to fall for a scam will find it hard to navigate the processes, points out Devangshu Datta.
Email providers can stop spoof emails impersonating them from reaching their customer's inbox or junk/bulk folder by enabling DMARC, says Venkata Satish Guttula.
'The big fish are still out there and people will continue to die till they are brought to justice.'
Wedding.con is a watchable show, if only to caution people about the latest scams, notes Deepa Gahlot.
Cyber-criminals are lurking on the web to loot you this Valentine's Day!
Internet users in India is attracting cyber criminals, as these are first-timers, who can be duped easily
Cyber criminals are increasingly using psychological games and other tactics scams that are spread through junk email, reveals a study by security solutions provider McAfee.
Do not click on any pop-ups, links in messages or notification balloons if you are off the corporate VPN, warns Niranjankumar Laxman Upadhye.
Pawan Kumar Soni, a 55-year-old farmer based in Sri Ganganagar City in Rajasthan, became a victim of a cyber fraud when his 26-year-old son Harsh Vardhan opened a link from a phishing message that flashed on his mobile phone.
Key documents related to the seven-year-old scam go missing from medical college in Gwalior.
A Delhi court on Thursday dismissed the bail application of former Mumbai Police Commissioner Sanjay Pandey in a money laundering case related to alleged illegal phone tapping and snooping of national stock exchange (NSE) employees. Special Judge Sunena Sharma said the material available prima face showed Pandey was actively involved in the execution of recording and monitoring of calls at the NSE, and was directly communicating with the bourse staff as well as those of the iSec, the company he founded and which was responsible for the cyber security audit of the NSE. The judge noted the material collected by the investigating officer "prima face" showed the retired IPS officer was in de facto control of the affairs of iSec even after 2006, when he resigned as a director, and kept attending the meetings with NSE officials.
'This is what happens to a party when it gets trapped in the vicious circle of nepotism and dynastic politics'
During the trip, check your bank account and credit card statements regularly for unauthorised transactions.
Amid a rise in Omicron cases, the Ministry of Home Affairs (MHA) has issued an advisory against cybercriminals targeting potential victims by offering them free tests for detecting Omicron variant of COVID-19.
Fadnavis said he had raised the issue of 'mega scam' in transfers of officials on the MVA's watch before the Union home affairs secretary, but categorically denied having leaked any detail concerned in public domain.
An industry of scamsters is operating in the guise of call centres in India.
The police in northwestern Gansu province said in a statement on Sunday that a suspect surnamed Hong had been detained for "using artificial intelligence technology to concoct false and untrue information".
Possible phishing attack targets high-profile channels run by Barkha Dutt and Tanmay Bhatt.
The Delhi high court on Thursday granted bail to former Mumbai police commissioner Sanjay Pandey in connection with a money-laundering case related to alleged illegal phone-tapping and snooping of National Stock Exchange (NSE) employees.
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