Tag: #financialfraud
The Infosys McCamish data breach, stemming from a LockBit ransomware attack earlier this year, has exposed the personal information of over 6 million individuals. Infosys McCamish Systems (IMS), a multinational corporation specializing in business consulting and IT services for insurance and financial institutions, disclosed the wider impact of the incident in a recent notification to […]
Gurugram Police have successfully apprehended a cybercrime ring implicated in large-scale financial fraud exceeding ₹18 crore. This takedown underscores the pervasive threat of cybercrime and the necessity for robust cybersecurity measures. Modus Operandi of the Cybercrime Ring The investigation revealed a multifaceted approach employed by the perpetrators to defraud victims: Phone-Based Social Engineering: The group […]