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CYBER FRAUD NEWS
Bank OTPs were sent to duplicate SIM card instead of real one, audit company loses Rs 79 lakh; Bank of India ordered to pay Rs 1.5 croreAn IT Act adjudicating authority has ordered Bank of India to pay Rs 64.44 lakh, which works out to nearly Rs 1.5 crore with 12% annual int...
School assembly news headlines, August 27: National, international, business, sports and education headlines for studentsSchool assembly news headlines, August 27: Floods in Nepal have caused fatalities and missing persons, prompting humanitarian aid from Indi...
School assembly headline August 26: Top national, international, business and sports news for studentsSchool assembly headlines for August 26 cover major national developments, including the Supreme Court's ruling in the Tarun Tejpal case, D...
US takes risky bet on private 'pirates' to combat cybercrimeThe United States will allow private companies to hack foreign cybercriminal groups, a seemingly unprecedented measure that is dividing exp...
US takes risky bet on private 'pirates' to combat cybercrimeThe US will allow approved private companies to hack foreign cybercriminal groups under government supervision, targeting ransomware and on...
PayU India CEO on MDR; Qcomm’s festive hiringPayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in today's ETtech Top 5.
SBI ordered to refund nearly Rs 2 lakh after online fraud as customer said he never shared his ATM PIN, OTP or banking detailsA consumer commission has directed the State Bank of India (SBI) to refund Rs 1.64 lakh to a customer who lost money in an unauthorised onl...
Bank of Baroda data breached: Is your account in danger? 7 things you can do to protect your accountBank of Baroda confirmed a data breach originating from a compromised employee email account. The lender insists its core banking systems r...
Restraining ChatGPT from using copyrighted work detrimental to growth of AI: Delhi HCThe Delhi High Court refused to restrain ChatGPT from using ANI's copyrighted content for training its AI models, saying such use amounts t...
Deepfake scam rattles Sky Gold as subsidiary suffers Rs 11 crore loss after unauthorised fund transferSky Gold shares fell after its subsidiary lost Rs 10.70 crore due to fraud. Unknown persons used deepfake techniques to impersonate a direc...
Trump to assert voting machine vulnerabilities in Thursday speechPresident Donald Trump will deliver a national address regarding election security matters. He plans to discuss newly declassified intellig...
'A video on Facebook, a chat on Telegram': Deepfake Nirmala Sitharaman scam costs Bengaluru professor Rs 61 lakhA Bengaluru professor lost over sixty-one lakh rupees in a sophisticated cyber fraud. She was lured by a deepfake video featuring Finance M...
WhatsApp 'Boss' Scam: Employees opened a ZIP file sent by 'manager' and lost Rs 3.5 crore; here’s how this dangerous fraud is targeting company officialsWhatsApp Boss Scam: Two Indian companies have collectively lost nearly Rs 3.5 crore in a sophisticated cyber fraud involving malicious zip ...
How a Rs 20 electricity bill payment by an SBI customer led to the bank paying Rs 2.2 lakh in compensationA State Bank of India customer was defrauded of ₹1.99 lakh after attempting a ₹20 electricity bill payment. The National Consumer Disputes ...
Rs 19.50 lakh/month income on Rs 18,000 investment? Government explains reality of viral messageA fraudulent scheme is circulating online, falsely claiming high returns on a small investment. This scam impersonates a national news bran...
Govt raises red flag over 'pig butchering scam'; here's what Home Ministry just foundA new cyber fraud, called the 'Pig Butchering Scam', is targeting vulnerable people like unemployed youths, housewives, and students. Cyber...
India rescuing citizens forced into cyber fraud schemes in CambodiaThe Indian government and its embassy in Cambodia have issued several advisories informing them about such scams, the spokesperson said.
Mumbai man gets Rs 4,000 order for two cakes, ended up paying Rs 1.3 lakh insteadA Mumbai-based businesswoman's brother was duped of INR 1.3 lakh by two fraudulent individuals posing as customers for cakes. The swindle t...
Crimes too went digital in the pandemic, up 12%Uttar Pradesh pipped Karnataka to emerge as the state with the highest number of cybercrimes reported in 2020 - constituting over a fifth o...
- Continuous monitoring can help avoid cyber attacks
Most of the services pushed by financial firms online have opened avenues for fraudsters to exploit vulnerabilities across transaction type...