Hyderabad: City residents are encountering challenges when attempting to file cybercrime complaints via the helpline number 1930. They reported difficulty due to the absence of a Hindi language option when contacting the helpline. They note that only Telugu and English language options are provided, making it challenging for Hindi speakers from the city to contact...Read More

Two men alleged to be co-founders of cryptocurrency biz Samourai Wallet face serious charges and potentially decades in US prison over claims they owned a product that facilitated the laundering of over $100 million in criminal cash. Keonne Rodriguez and William Lonergan Hill, both US citizens, were arrested on Wednesday for their alleged roles in...Read More

As cybercrime claims activity rises, Coalition’s report emphasizes the critical role of robust cybersecurity measures. Cyber claims continued to rise in 2023, with overall frequency trending upward and severity increasing by 10% year-over-year to an average loss of $100,000, according to a policyholder analysis by Coalition Inc., a cyber managing general agent. “Cybercrime is a...Read More

The people behind cyberattacks are usually faceless, bearing only the names of the groups they represent. Even when law enforcement disrupts a threat actor’s activity, the people behind it are often left to regroup and continue. The annual global cost of cybercrime is estimated to reach $10.5 trillion dollars in 2025, according to Cybercrime Magazine....Read More

Cybercrime costs the UK billions of pounds, causes untold damage and threatens national security.  In fact, the government estimates the cost of cybercrime to the UK to be £27bn per year. In all probability, the real impact is likely to be much greater, with businesses bearing the brunt of the attacks at a cost of £21bn. ...Read More

At a time when multiple reports suggest a surge in online scams, the government may be planning a solution to curb these financial frauds. According to a report, the ministry of home affairs (MHA) may set up the Cyber Fraud Mitigation Centre under the Indian Cybercrime Coordination Centre that will deal with cyber frauds in...Read More

Cyber Cops Apprehend Suspect in Rs 1.10 Crore Cryptocurrency Scam Santosh Thorat, accused of orchestrating a cryptocurrency scam defrauding investors of Rs 1.10 crores, has been apprehended by cybercrime authorities. Thorat’s anticipatory bail plea was dismissed by the high court, prompting immediate police action resulting in his arrest. Thorat and his associates allegedly promised investors...Read More