In a world where it is increasingly believed that mostly everything can be faked, still being told of a fake embassy is met with inherent disbelief. Embassy is a state institution and somebody might even think of faking it, is beyond the realm of imagination and crime. Our existence is facing a “serious churning for […]
Getting breached is the new normal is truism that is getting more and more consolidated with every passing day. The issue is not whether you would be attacked or not, it is only when you will get attacked. Co-op confirms data of 6.5 million members stolen in a cyber attack. Co-op, a UK supermarket chain,
A 48 year-year old Bengaluru Electricity Supply Company (BESCOM) employee committed suicide after falling victim to a “digital arrest” scam. He lost Rs. 11 lakhs in the process. The proceeds of such crimes make their way to the mastermind cybercrooks through what is known as mule accounts. In simple terms mule accounts are fake /
What a shame has the banking industry has brought us to? The underbelly of the Indian financial system is incompetent to even react to the worst challenges. Core banking software and apps are all the banks have on offer claiming convenience, experience and digital bliss. The fate of the loan takers and the experience what
OPERATION CHAKRA-V PUTS BANKING INDUSTRY TO SHAME Read More »
Human ingenuity and criminality have moved hand in hand through its infamous history. If we thought that thuggery has shifted to the cyber world, we were badly mistaken. The fascinating part of this case is the quality of investigation and that it comes out of Sambhal, which of late has been famous for the Hindu
INSURANCE MAFIA – THE BUSINESS OF THE DYING & THE DEAD Read More »
The Prime Minister flagged digital arrest scams in his Man Ki Baat radio address in its 115th episode on October 27, 2024 and laid down with clarity what the ground conditions were; the reality, the legality and the prevention. Digital Arrest thus came under intense focus and one believed that something transformative was about to
It is so surprising that the frequency with which cyber scams are coming to the fore, with the same surreptitious tech infra and modus operandi and yet it is not treated as a cyber crime emergency, then we are forced to take it as our misfortune. Either the powers that be are ignorant, or indifferent,
FAKE PAN-INDIA SHARE TRADING RACKED Read More »
The investment scams don’t seem to be ebbing, the muted efforts of powers that be does not seem to be making any great dent in the digital ecosystem of apps based scams and digital arrests. The backend funneling of money also remains the same. There are lots which have to be done at the generic
FRAUD INVESTMENT APPS; IS THERE NO WAY TO CONTROL? Read More »
It’s raining hacks all over and has been so for quite some time, the nature of the enterprises and the sectors notwithstanding. Given the precarious situation we are in, the logical step would have been to bring all the stakeholders together, putting their hearts and mind, and finding a solution. A bare minimum starts with
The story of the modern world will be written on the touchstone of how the cyber threats were handled and resolved by our technologists, technocrats, and the political leaders. We can reach even the threshold level of battling it out, only when we are able to appreciate where we are positioned and the strategy we
THE DRDO DATA LEAK Read More »
The season of the digital scams doesn’t seem to end, more so with the digital age of apps and social media, ruling everyone’s mind. Outright foolish as it may sound, people remain gullible to well established systems of fraud, in the digital world. Today only we have a news of a elderly couple committing suicide
ANOTHER INVESTMENT SCAM Read More »