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Top 10 Daily Cybercrime Brief by Future Crime Researchers [06.05.2024]: Share Market scam, Germany Russia Conflict, UK Strong Password Policy, Dupe as CBI Officials and more | #cybercrime | #computerhacker

Cambodian Cyber Fraud Operation Unveiled as Virtual Prison
Telangana native Shiva Prasad, rescued from a Chinese cyber fraud operation in Cambodia, reveals it operates as a virtual prison. Employees are trapped in towers, unable to leave, with no days off. Promised $1,500/month, penalties for absence deducted $300. Forced to work 16-hour days in fraudulent schemes.

CBI Official Falls Victim to Rs 2 Lakh Cyber Fraud Scheme in Mumbai

Cyber Impersonator Poses as Law Enforcement, Dupes Woman; Apprehended
Rohit Shukla, 25, posing as a cyber crime police officer, was arrested in Gurgaon for cheating. Using a new SIM card, he extorted money from a woman on Instagram by falsely accusing her of viewing obscene content. Tracked via I4C’s Pratibimb portal, he faces charges of cheating and personation.

Stock Market Scam: Cyber Thieves Swindle Rs 39 Lakhs with False Promises

Wichita Authorities Alert Residents to Cyber Security Incident
The City of Wichita in Kansas alerts residents of a cyber security incident, prompting the shutdown of certain online services for assessment. The city emphasizes its commitment to providing quality services and assures residents of thorough system review to ensure security before restoration.

UK Implements Ban on Easily Guessable Passwords in Cybersecurity Crackdown
The United Kingdom implements a law banning generic passwords on smart devices to safeguard consumers against cyber attacks. Experts advocate for similar measures in Canada amidst escalating cybersecurity concerns. The law mandates minimum security standards for manufacturers, prohibiting easily guessable default passwords and aiming to enhance both national resilience and consumer confidence.

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