Business Standard

Page 3 - Cybercrimes

Sitharaman stresses on building awareness among people to curb cyber fraud

Finance Minister Nirmala Sitharaman on Thursday said there was a need to build awareness among people on cyber frauds and take the reins of technology in our hands to stop scamsters from gaming the system. Speaking at the 'DATE with Tech' event, the minister said to stop cyber frauds, where people are duped by way of a phone call or SMS, the government periodically reviews public sector banks, and regulator RBI reviews its own systems. Insurance companies also review their systems. "We are constantly doing what is required. Unless awareness, unless we are able to build that alertness in the mind of people that I should not go by anything that is said on my phone is built, citizens are at risk, Sitharaman said. She said at the micro level there is concern about people getting random calls putting them in a situation where they are getting trapped and as a result ending up losing money. "Those people who game the system probably are one notch ahead of us in terms of using and misusin

Sitharaman stresses on building awareness among people to curb cyber fraud
Updated On : 23 Nov 2023 | 1:53 PM IST

CBI busts major cybercrime module, seizes over Rs 2 cr during raids

The Central Bureau of Investigation (CBI) busted a major module of cyber-enabled crimes allegedly coercing foreign nationals for payments.

CBI busts major cybercrime module, seizes over Rs 2 cr during raids
Updated On : 22 Nov 2023 | 11:41 PM IST

Logs missing in 42% cyberattacks; small business most vulnerable: Report

Sophos' Active Adversary Report found 83% organisations targeted had less than 1,000 employees

Logs missing in 42% cyberattacks; small business most vulnerable: Report
Updated On : 20 Nov 2023 | 4:01 PM IST

Rashmika Mandanna video row: Delhi police probes Bihar youth in case

The Delhi Police has questioned a 19-year-old youth from Bihar in connection with a deepfake video of actor Rashmika Mandanna that was widely circulated on social media recently, officials said on Wednesday. The police suspect that the youth had first uploaded the video on his social media platform and later shared it widely on other platforms. He was given notice to join the probe as the video was first uploaded on social media from his account, a senior officer told PTI. On November 10, an FIR was registered under sections 465 (punishment for forgery) and 469 (forgery for purpose of harming reputation) of the Indian Penal Code and sections 66C and 66E of the Information Technology Act at the Intelligence Fusion and Strategic Operations (IFSO) Unit of the Delhi Police's Special Cell. However, the city police on Tuesday said no arrest has been made in connection with the case so far. "Though he said that he had downloaded the video from an Instagram account, we are interrogating h

Rashmika Mandanna video row: Delhi police probes Bihar youth in case
Updated On : 15 Nov 2023 | 10:30 AM IST

Alliance of 40 countries to vow not to pay ransom to cybercriminals: US

In ransomware attacks, hackers encrypt an organization's systems and demand ransom payments in exchange for unlocking them

Alliance of 40 countries to vow not to pay ransom to cybercriminals: US
Updated On : 31 Oct 2023 | 3:09 PM IST

A question of balance in age gating for children of the internet

India's new cyber law on parental consent sparks debate on digital privacy and security

A question of balance in age gating for children of the internet
Updated On : 01 Oct 2023 | 10:04 PM IST

Cybercrime network busted in Bengaluru: Rs 854 cr detected in 84 accounts

Notably, the accused were managing the accounts from Bengaluru while residing abroad

Cybercrime network busted in Bengaluru: Rs 854 cr detected in 84 accounts
Updated On : 01 Oct 2023 | 7:50 AM IST

Combatting cybercrime key element in nurturing trust: RBI Dy governor

The Deputy Governor held a meeting with heads of the Customer Service Committee of the Board, managing directors, executive directors in charge of customer service verticals

Combatting cybercrime key element in nurturing trust: RBI Dy governor
Updated On : 21 Sep 2023 | 9:44 PM IST

Top 10 epicenters make 80% of total cybercrime in India, says report

The study, released by the Indian Institute of Technology Kanpur-incubated Future Crime Research Foundation, revealed alarming trends - especially pertaining to financial frauds

Top 10 epicenters make 80% of total cybercrime in India, says report
Updated On : 18 Sep 2023 | 10:51 PM IST

Financial frauds accounted for over 75% cyber crimes since 2020: Study

Financial frauds accounted for over 75 per cent of cyber crimes in the country from January 2020 till June 2023, with nearly 50 per cent cases related to UPI and internet banking, according to a new study by an IIT Kanpur-incubated start-up. Social media-related crimes such as cheating by impersonation, cyber-bullying, sexting and email phishing accounted for 12 per cent of the online offences during the period, the study showed. The findings have been mentioned by the Future Crime Research Foundation (FCRF), a non-profit start-up incubated at the Indian Institute of Technology (IIT)-Kanpur, in its latest comprehensive whitepaper 'A Deep Dive into Cybercrime Trends Impacting India'. For online financial frauds, which accounted for the maximum 77.41 per cent offences during the period, the FCRF noted that "this category is a dominant concern, covering fraudulent activities related to online financial transactions". "Subcategories include debit/credit card fraud, business email ...

Financial frauds accounted for over 75% cyber crimes since 2020: Study
Updated On : 18 Sep 2023 | 4:31 PM IST

How better cyber sense, zero trust can help overcome the new 'CEO scam'

According to the recent PwC report, CEOs of Indian companies are increasing cyber investments, adjusting supply chains, and changing their physical footprint in response to geopolitical conflict

How better cyber sense, zero trust can help overcome the new 'CEO scam'
Updated On : 27 Jun 2023 | 3:41 PM IST

Cybercrime big challenge, police working to counter it: Uttarakhand CM

Uttarakhand Chief Minister Pushkar Singh Dhami on Sunday said in order to combat cybercrime, people should not only aware themselves about the menace but also inform others. Terming cybercrime as a big challenge, he also said police are working to counter it using new technologies. The chief minister was addressing a gathering after releasing a book, 'Cyber Encounters', authored by Uttarakhand DGP Ashok Kumar and former DRDO scientist OP Manocha. He said it is the responsibility of all to be aware about cybercrimes and also protect others by informing them about it. Criminals are using new techniques every day and the police are working to counter them using new technologies, the chief minister said. This book is based on true incidents and it will not only aware readers but also help them protect themselves against cybercrimes, he said. The book's foreword has been written by eminent actor Amitabh Bachchan and this shows its importance, he said Citing examples of different type

Cybercrime big challenge, police working to counter it: Uttarakhand CM
Updated On : 07 May 2023 | 9:55 PM IST

How Japan's cybersecurity nightmare is everyone else's problem too

But while Japan might be an extreme example of such vulnerabilities, it is far from the only country at risk

How Japan's cybersecurity nightmare is everyone else's problem too
Updated On : 18 Apr 2023 | 7:59 AM IST

Health ministry approaches CERT-In over attempt to hack its website

The Union health ministry has asked the Indian Computer Emergency Response Team (CERT-In) under the Ministry of Electronics and Information Technology to look into the reported attempt of hacking of its website allegedly by a Russian hacker group. Cyber security experts from CloudSEK have claimed that Russian hacker group 'Phoenix' targeted the website and managed to get access to the ministry's Health Management Information System portal, has details of all the hospitals of India and employees and physicians. "We have sought details and asked the CERT-In to look into the alleged hacking of the health ministry's website. They will submit a report," an official source told PTI. CERT-In is the national nodal agency for responding to computer security incidents and provides prevention and response services to government departments and private bodies. According to a report by CloudSEK, the group mentioned that the attack is "a consequence of India's agreement over the oil price cap an

Health ministry approaches CERT-In over attempt to hack its website
Updated On : 17 Mar 2023 | 10:04 AM IST

Explained: How iPhone passcode is helping thieves steal your money and data

"With only the iPhone and its passcode, an interloper can within seconds change the password associated with the iPhone owner's Apple ID," said the report

Explained: How iPhone passcode is helping thieves steal your money and data
Updated On : 26 Feb 2023 | 11:50 AM IST

Lack of international cooperation helping cybercriminals, says official

India's existing cybersecurity policy of 2013 has been proposed to be revised as per the recommendations of a task force submitted to the government last year

Lack of international cooperation helping cybercriminals, says official
Updated On : 20 Feb 2023 | 11:45 PM IST

Geopolitical instability raises threat of 'catastrophic' cyberattack: Rpt

The Global Cybersecurity Outlook 2023 findings were based on surveys, workshops and interviews with over 300 experts and C-suite executives

Geopolitical instability raises threat of 'catastrophic' cyberattack: Rpt
Updated On : 19 Jan 2023 | 12:09 AM IST

JPMorgan to face lawsuit by unit of Ray-Ban maker over cyber theft

JPMorgan Chase Bank NA will have to face a lawsuit by a unit of the French maker of Ray-Ban glasses that claims the bank ignored suspicious transactions

JPMorgan to face lawsuit by unit of Ray-Ban maker over cyber theft
Updated On : 05 Jan 2023 | 8:03 AM IST

Cybercrime up by 57% in Telangana during 2022: DGP Mahender Reddy

The overall crime rate in Telangana increased by 4.44 percent during 2022

Cybercrime up by 57% in Telangana during 2022: DGP Mahender Reddy
Updated On : 29 Dec 2022 | 11:10 PM IST

880 cybercriminals arrested, Rs 44 cr recovered during 2022: Haryana DGP

Haryana Director General of Police P K Agrawal on Thursday said 880 cyber criminals were arrested and Rs 44 crore recovered from them during the year. Of them, 480 were arrested by the Faridabad and Gurugram police. The DGP said till December 15, the Haryana Police received 62,089 complaints of cybercrime of which 26,885 have been disposed. In the period, it had also registered 2,016 cases and worked out 605 of them. Fifty-one cases of cybercrime were registered by police itself. These were cases in which complainants were not coming forward, and 24 of them have already been worked out, he said. He also said steps are being taken to strengthen the Panchkula-based cyber forensic laboratory by recruiting additional technical hands, according to a statement. The DGP added that a proposal is under consideration to set up such labs at the police range and commissionerate headquarters. Additional Director General of Police, Crime Branch, O P Singh said in 2022, extortion through instan

880 cybercriminals arrested, Rs 44 cr recovered during 2022: Haryana DGP
Updated On : 29 Dec 2022 | 7:14 PM IST