'We have filed a complaint with the police authorities.'
The average cost of data breaches in India reached $2.18 million in 2023, marking a 28 per cent increase since 2020, according to the Reserve Bank of India's (RBI) Currency and Finance report for 2023-24. The report said that India's average data breach cost was still below the global average. The most common attacks in India are phishing which was at 22 per cent and stolen or compromised credentials was 16 per cent. The automotive industry is highly vulnerable to cyber attacks, whereas the banking and financial services sector, benefiting from stringent regulations, enjoys comparatively stronger protection.
The ministry of home affairs (MHA) has sent a high-level team to Ayodhya to deal with cyber threats ahead of the inauguration of the Ram Temple in the historical town on January 22.
Scammers sometimes misuse personal information collected during tax preparation, leading to identity theft or unauthorised financial transactions.
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.
'So, we would work with our members to ensure that we as an SRO create some sort of due diligence for fintechs.'
Users should be aware of "fake emails" sent in the garb of a government e-notice, said the Indian Cyber Crime Coordination Centre (I4C) in a public advertisement.
Digital house arrest is a tactic where cybercriminals confine victims to their homes in order to scam them. The offenders generate fear by making audio or video calls, frequently posing as law enforcement officers using AI-generated voices or video technology.
These "cyber commandos" will be different from personnel at cyber police stations and will work with local administration to tackle cyber threats.
The recent terror acts are a sign of our enemy's desperation, he said, in an apparent reference to Pakistan.
Keeping surplus money in a bank account has become perilous, alerts Harsh Roongta.
To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging from a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi, who chaired the meeting, said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January.
'Save the entire chain of e-mail exchanges so that you have documented evidence to show you informed the bank about the issue.'
Operating systems are increasingly subject to cyberattacks, as many are built around legacy technologies with weaker protocols
A woman lawyer in Bengaluru fell prey to cyber criminals and during 'video arrest' for two days she not only lost money to the tune of Rs 14.57 lakh but also posed nude on camera for them, police sources said on Tuesday.
According to the EY Global Information Security survey, companies are lacking agility, budget and skills to mitigate known vulnerabilities
The key threats seen during this period ranged from phishing attacks to rogue apps disguised as COVID-19 information apps that targeted users sensitive data.
'Avoid rushing into any financial transactions or disclosing personal information.'
Former Central Bureau of Investigation joint director Amit Kumar, who is now posted as Chhattisgarh police ADG, led the probe into the coal scam that resulted in convictions in a number of cases.
According to sources, the attack on the servers of AIIMS-Delhi is suspected to have originated from locations in China and Hong Kong.
The attack on the computer server of All India Institute of Medical Sciences (AIIMS) in Delhi was carried out by Chinese hackers, a senior government source said on Wednesday adding that data in the five servers have been successfully retrieved now.
If investing in Bitcoin, adopt a three to five-year horizon and invest systematically to gain from its volatility.
Man held for sending email threatening attack on Narendra Modi Stadium in Ahmedabad
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.
Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.
The CBI has registered 11 cases against cyber criminals involved in financial fraud using the internet and the agency conducted searches at 87 locations while 28 locations were raided by the state police forces, they said.
Cruelty by the husband (or his relatives) accounted for about 40 per cent of these cases. Delhi reported the highest number of cases of crimes against women (12,552) followed by Mumbai with over 5,000 cases.
Three suspected members of a Sikh extremist group on Interpol's red notice watchlist were arrested during a joint operation by the Philippine government agencies this month, according to an official.
Unlike Israeli company NSO, whose sale of Pegasus cyber tech grabbed worldwide attention, and other manufacturers of offensive-cyber products, Cellebrite operates in a grey area between security exports and civilian ones.
According to the FIR, the tweet posted by the Twitter handle 'The Sajjad Mughal', said, "The breed is not over yet. Atiq's son Ali is still alive. Insha Allah condition - time - power will change. The city will be called Allahabad. The revenge will be taken."
Chowdhury, the leader of the Congress party in the Lok Sabha, claimed that his account was hacked as he was delivering a speech at a party office in West Bengal's Murshidabad district when the social media post was made.
A case of extortion and cyber terrorism was registered by the Intelligence Fusion and Strategic Operations unit of the Delhi police on November 25.
According to the Union home ministry data, tabled in Parliament last week, 10,61,648 women above 18 years and 2,51,430 girls below that age went missing between 2019 and 2021 across the country.
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.
India saw a huge surge in ransomware and IoT cyber attacks in the first half of 2023, as criminals shifted to stealthier means of malicious activities, according to a report by SonicWall. While major economies like the US and the UK witnessed a decline in ransomware attacks, India (up 133 per cent) and Germany (52 per cent) are among the countries that saw a huge surge in such attacks, the 2023 SonicWall Mid-Year Cyber Threat Report for the January-June period stated. At the global level, a variety of other attacks have trended up, including cryptojacking (399 per cent), IoT malware (37 per cent) and encrypted threats (22 per cent), the report said.
'With free software on the Internet and apps, creating a deepfake video can take 3 to 5 minutes. Anyone can make these videos.'
'The district administration failed and it was a very costly failure.'
He takes over the CBI in challenging times. The perception is that the agency is reduced to being an instrument of blackmail and intimidation by successive governments.
Non-BJP chief ministers holding the home portfolios are Mamata Banerjee (West Bengal), Nitish Kumar (Bihar), Naveen Patnaik (Odisha) and MK Stalin (Tamil Nadu).
The International Cricket Council was the target of cybercrime involving a wire transfer of a sizeable sum of money, roughly US$ 2.5 million.
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