Tag: cyber criminals

Online jobs scam: Tax consultant loses Rs. 11 lakh in task fraud to cyber criminals
Technology

Online jobs scam: Tax consultant loses Rs. 11 lakh in task fraud to cyber criminals

[ad_1]  A 50-year-old tax consultant from Maharashtra's Thane district lost more than ₹11 lakh in a 'task fraud' wherein three cyber fraudsters, including two women, duped him under the pretext of providing part-time online jobs, police said. Based on the complaint lodged by the victim, a resident of Rambaug area of Kalyan, a case was registered at the Mahatma Phule Chowk police station under provisions of the Information Technology (IT) Act, they said. "The accused were identified as Priya Sharma, Devi and Bharat. While Priya posed as a representative of an international advertisement company and called the victim from an overseas number, the other two contacted him through a social messaging application," an official said. On December 11, the trio offered money for completing certain...
Blackmail, suicides to nudes, 10 things to know about the horrifying instant loan app scams
Technology

Blackmail, suicides to nudes, 10 things to know about the horrifying instant loan app scams

[ad_1] Online scams are not a new thing and have existed for long, harking back to the days of emails when the infamous ‘Nigerian Prince' spam mail was sent to trap innocent victims. However, in recent times, the scammers have grown more vicious and nefarious in their ways. One such example is the instant loan app scam. These are the apps that offer instant, hassle-free loans to people in need of money but they charge a much higher rate of interest than banks. While not all such apps are predatory, many of them are. The scammers behind these apps use every trick in the book from harassment, humiliation, and blackmail to make victims repay the money with a ridiculously high rate of interest. Check these 10 points to know how they operate and how to protect yourself from them.Recently, BB...
DMK MP Dayanidhi Maran loses Rs. 99999 in shocking online banking scam!
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DMK MP Dayanidhi Maran loses Rs. 99999 in shocking online banking scam!

[ad_1] In a shocking turn of events, the former Union minister for Communications and Information Technology and the sitting DMK MP Dayanidhi Maran said that cyber criminals stole Rs. 99999 from his personal savings account in Axis Bank through an online banking scam. Strangely, the scam “bypassed all normal safety protocols” as per Maran, as no OTP, a basic safety guard for online transactions via net banking, was generated by the bank. A complaint regarding this has been registered with the Cyber Crime Wing of the Greater Chennai City Police.The DMK MP took to X (formerly Twitter) to highlight the dangers of cyber criminals as well as to share his own story. He started with an ominous warning that “Our private data is not safe in Digital India”. We are now on WhatsApp. Click to join. ...
ISRO fights over 100 cyber-attacks every day: S Somanath
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ISRO fights over 100 cyber-attacks every day: S Somanath

[ad_1] S Somanath, the chairman of the Indian Space Research Organisation (ISRO) on Saturday said that the country's space agency is facing more than 100 cyber-attacks daily. Somanath, while speaking on the concluding session of the 16th edition of the c0c0n, a two-day international cyber conference in Kerala's Kochi, further said that the possibility of cyber-attacks is much higher in rocket technology which uses ultra-modern software and chip-based hardware."The organisation is equipped with a robust cybersecurity network to face such attacks," he said. Notably, the conference was organised by the Kerala Police and Information Security Research Association here. We are now on WhatsApp. Click to join.The ISRO chief further said that apart from the software, ISRO is also going ahead wit...
Deepfake Imposter Scams Are Driving a New Wave of Fraud
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Deepfake Imposter Scams Are Driving a New Wave of Fraud

[ad_1] Computer-generated children's voices so realistic they fool their own parents. Masks created with photos from social media that can penetrate a system protected by face ID. They sound like the stuff of science fiction, but these techniques are already available to criminals preying on everyday consumers.The proliferation of scam tech has alarmed regulators, police and people at the highest levels of the financial industry. Artificial intelligence in particular is being used to “turbocharge” fraud, US Federal Trade Commission Chair Lina Khan warned in June, calling for increased vigilance from law enforcement. Even before AI broke loose and became available to anyone with an internet connection, the world was struggling to contain an explosion in financial fraud. In the US alone, ...
Cyberattack keeps hospitals’ computers offline for weeks
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Cyberattack keeps hospitals’ computers offline for weeks

[ad_1] Key computer systems at hospitals and clinics in several states have yet to come back online more than two weeks after a cyberattack that forced some emergency room shutdowns and ambulance diversions.Progress is being made “to recover critical systems and restore their integrity,” Prospect Medical Holdings said in a Friday statement. But the company, which runs 16 hospitals and dozens of other medical facilities in California, Connecticut, Pennsylvania, Rhode Island and Texas, could not say when operations might return to normal. “We do not yet have a definitive timeline for how long it will be before all of our systems are restored,” spokeswoman Nina Kruse said in a text message. “The forensic investigation is still underway and we are working closely with law enforcement offici...
Germany hunts for cyber criminals amid billion-euro scams
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Germany hunts for cyber criminals amid billion-euro scams

[ad_1] At the start, the job looked like a well-paid role in finance. It ended with a $10,000-a-month drug habit and a cell in a German prison.That's the story of Tal-Jacki Z.F., who was involved in an online trading fraud and confessed in 2021 to his part in cheating victims in Germany, Austria and other European countries of almost €9 million ($9.8 million). He was a cog in a machine, helping to set up and operate highly-professional call centers in Bulgaria, Serbia, Bosnia and Herzegovina and Georgia, with the aim of fleecing investors through slick online software that mimics the look and feel of legitimate trading. Online trading fraud is a rapidly growing global problem. In the US, the Federal Bureau of Investigation estimates that such scams stole $3 billion last year; Equivalent...
AI being used for hacking and misinfo, top Canadian cyber official says
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AI being used for hacking and misinfo, top Canadian cyber official says

[ad_1] Hackers and propagandists are wielding artificial intelligence (AI) to create malicious software, draft convincing phishing emails and spread disinformation online, Canada's top cybersecurity official told Reuters, early evidence that the technological revolution sweeping Silicon Valley has also been adopted by cybercriminals.In an interview this week, Canadian Centre for Cyber Security Head Sami Khoury said that his agency had seen AI being used "in phishing emails, or crafting emails in a more focused way, in malicious code (and) in misinformation and disinformation." Khoury did not provide details or evidence, but his assertion that cybercriminals were already using AI adds an urgent note to the chorus of concern over the use of the emerging technology by rogue actors. In rece...
Australia to consider banning paying of ransoms to cyber criminals
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Australia to consider banning paying of ransoms to cyber criminals

[ad_1] Australia's biggest health insurer, Medibank Private Ltd, last month suffered a massive cyber attack, as Australia grapples with a rise in hacks. Australia's Home Affairs Minister Clare O'Neil on Sunday said the government would consider making illegal the paying of ransoms to cyber hackers, following recent cyber attacks affecting millions of Australians.Australia's biggest health insurer, Medibank Private Ltd, last month suffered a massive cyber attack, as Australia grapples with a rise in hacks. Singapore Telecommunications-owned telecoms company Optus, Australia's second largest telco, along with at least eight other companies, have been breached since September. Asked on ABC television on Sunday whether the government planned to look at outlawing ransom payments to cyber c...
Uptick in ‘sextortion’ cases with cyber fraudsters on prowl; over 1400 cases in Pune
Technology

Uptick in ‘sextortion’ cases with cyber fraudsters on prowl; over 1400 cases in Pune

[ad_1] A 19-year-old commerce student from Dattawadi in Pune was blackmailed by online fraudsters, who threatened to make his nude photos public. He fell prey to the threats and paid ₹4,500 to them, but ultimately ended his life on September 28 as he could not sustain the pressure. Another man, a 22-year-old student from Dhankawadi area of the city, also killed himself recently after he was harassed and blackmailed by cyber criminals, who threatened that they would share his nude video with his contacts on social media if he did not cough up money. These are just a couple of examples from the growing list of 'sextortion' cases that the lurking cyber criminals are indulging in by using the ever-expanding social media space to their advantage. In Pune city alone, more than 1,400 sextort...