Digital arrest scam- How cybercriminals use fear to empty your bank account
Scammers are using- digital arrest threats via SMS, email, or WhatsApp, impersonating officials from agencies like the CBI to extort money. Victims are coerced into transferring large sums under false accusations of criminal activities, leaving them financially devastated.
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Crypto Exchange M2 Lost 13.7 Million In Cyber Attack
Cryptocurrency exchange M2 reported a cybersecurity incident involving $13.7 million on October 31. The firm stated that they responded to the incident within 30 minutes and were able to fully restore all customer funds, after taking “full responsibility for any potential losses.”
MHA Intensifies Fight Against Digital Arrests, Deactivates 6 Lakh Numbers
The growing menace of cybercrime, particularly digital arrests and online fraud, the Indian government has taken proactive measures to safeguard citizens.
Defence Ministry Issues Alert Against Fake Channel – Here’s What You Need to Know
The Ministry of Defence has issued a stern warning against a fake WhatsApp channel, “Defence Pro,” falsely claiming affiliation with the Indian Army. The channel, potentially run by malicious elements, spreads misinformation and collects users’ personal data.
Investment Scam Exposed: Enforcement Directorate Cracks Down on “Pig-Butchering” Fraud
Indian authorities are taking a strong stance against cybercrime, following Prime Minister Narendra Modi’s call for vigilance against “digital arrests.”
MHA warns against illegal payment gateways running through mule accounts
A statement by MHA said the proceeds of such crimes are immediately layered into another account as soon as the crime proceeds are received
