4.5 lakh ‘mule’ Bank accounts used in cyber fraud schemes Freezed in many Public sector Banks in India

 As per the data, around 40,000 mule bank accounts were detected in branches of SBI; 10,000 in Punjab National Bank (including Oriental Bank of Commerce and United Bank of India); 7,000 in Canara Bank (including Syndicate Bank); 6,000 in Kotak Mahindra Bank; and 5,000 in Airtel Payments Bank. The Centre has frozen around 4.5 lakh…

Read More

The age of Deep Fakes; New Role for Rashmika Mandanna in Cyber Security as the National Ambassador for Promoting Cyber Safety

Rashmika Mandanna, a famous south Indian actor, has assumed a fresh role as the country’s ambassador for encouraging cyber safety. This is a development subsequent to her being duped by an AI-generated deepfake video that went viral online last year. This fake video sparked a long discussions in the media regarding the safety of an…

Read More

Maharashtra launches advanced Cyber centre to fight online offences

Maharashtra Deputy Chief Minister Devendra Fadnavis on Friday inaugurated an advanced cybercrime command centre in Navi Mumbai and said it would enhance online security in the state. The deputy CM said the centre is the result of the “transformative” Maharashtra Cyber Security Project that the state undertook to tackle the growing number of fraudulent schemes…

Read More

Gene Yoo, CEO of Resecurity on Terror Activity via Cyberspace – Precursor to Olympics & Elections

According to this recent assessment by Resecurity, terrorist groups are increasingly using cyberspace to plan and execute attacks, as well as to conduct recruitment and establish anonymous communication channels. According to assessment by Resecurity, terrorist groups are increasingly using cyberspace and digital communication channels to plan and execute attacks, as well as to conduct recruitment and establish anonymous…

Read More

Telangana Cyber Security Bureau uncovers major international fraud network in Hyderabad

The Telangana Cyber Security Bureau (TGCSB) has busted an international fraud network by arresting three accused in a Rs 5.40 crore scam. On Tuesday, the officials said that TGSCB arrested three people who were involved in supplying bank account details to cyber fraudsters and were further facilitating the withdrawal of funds. The Telangana Cyber Security…

Read More

SpyCloud Launched SpyCloud Labs to Disrupt Cybercrime with Research

SpyCloud, the leader in Cybercrime Analytics, recently  announced the launch of SpyCloud Labs, a targeted cybercrime research effort focused on uncovering and analyzing the digital underground to proactively disrupt cybercrime. With the launch of SpyCloud Labs, the larger security community will have a window into the insights SpyCloud analysts gather about the intricacies of the…

Read More

Triveni Singh Joins PWC India, as a part of their Cyber crime Team

Triveni Singh, a 2011 batch state cadre IPS officer who is known as the ‘cybercop’, held the position of superintendent of police (SP) cybercrime since August 2020, retired from his services. He retired at least two years before his scheduled superannuation in November 2025. Initially appointed as a provincial police services (PPS) officer in 1994,…

Read More

Escrow Accounts of a Company Hacked,25 crores Siphoned off by Cybercriminals

Hackers infiltrated into escrow bank accounts of a Thane based company, posing as bank executive In a major cybercrime incident that has sent shockwaves through the city, unidentified hackers successfully infiltrated the escrow bank account of a Thane-based company, resulting in a staggering loss of approximately Rs 25 crore. Escrow accounts are majorly held by…

Read More

Bengaluru Police Arrest 6 for Cyber Fraud; Bust Cricket Betting Racket

The Bengaluru police cyber crime unit has busted an interstate cyber fraud network which had opened several benami accounts (mule accounts) to carry out cyber frauds. The police have arrested six accused of which, five are from Kerala and one hails from Karnataka. The group used to trap innocent people, especially petty workers in the…

Read More