Tag: #FraudPrevention
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 […]
Conventional Phishing attacks involved tricking potential victims to enter their respective usernames and passwords on fake websites which resembled the genuine websites. Once the login credentials were captured, they were used to steal business as well as personal data. A new trend that has emerged is to trick users into downloading malware that once downloaded […]
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 […]