Tag: #financialfraud
As per a probe by the Enforcement Directorate an estimated 36,000 Indian SIM cards were discovered to be activated in Cambodia. Of this big figure an estimated 5300 SIMs were used in cyber fraud incidents amounting to hundreds of crores of rupees. These SIM cards were fraudulently made active in India and handed over to […]
Rajasthan Police have dismantled a large cyber fraud network in Alwar, exposing a racket that sold mule accounts to criminals for laundering scam money. Six people were arrested in the latest raids, including four Axis Bank employees. With these arrests, the total number of accused in the case has risen to 16. Investigators estimate that […]
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 […]