In a significant breakthrough, Mumbai Cyber Police arrested 12 individuals involved in a phishing operation impersonating major Indian banks. They lured victims with fake SMS links and intercepted credentials, stealing over ₹3 crore before being caught. Devices and forged documents were recovered.
To combat rising digital threats, the UK has launched a nationwide campaign focused on educating citizens about password hygiene, phishing awareness, and multi-factor authentication. The campaign will run across media platforms and is supported by major tech firms and banks.
Several leading banks in India have started implementing AI-driven fraud detection systems to spot unusual transactions and prevent online scams in real time. These tools analyze transaction behavior, device fingerprints, and geolocation data to flag suspicious activities instantly.
With unemployment concerns growing, cybercriminals are exploiting job seekers through fake job postings on social media and email. Victims are being tricked into paying “registration” or “training” fees. Authorities have advised the public to verify sources before proceeding.
Bengaluru Police busted a Ponzi scheme operating under the guise of a crypto trading platform. The scam promised high returns and had over 1,200 victims. ₹20 crore was siphoned off before law enforcement intervened and froze the crypto wallets used.