cybercrime

IT Ministry Blocks More Than 100 Websites Involved in Organised Illegal Investments, Job Frauds

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Over 100 websites, which facilitated organised illegal investments and task-based part time job frauds, were blocked following a recommendation of the Union Home Ministry. According to an official statement, these websites were being operated by overseas actors. The Indian Cybercrime Coordination Centre (I4C), a wing of the Union Home Ministry, through its vertical National Cybercrime … Read more

Crypto Ransom Attack Payments Hit Record $1 Billion in 2023: Chainalysis

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Payments from crypto-related ransom attacks nearly doubled to a record $1 billion (roughly Rs. 8,304 crore) in 2023, blockchain analytics firm Chainalysis said on Wednesday. Scammers targeting institutions such as hospitals, schools and government offices for ransom pocketed $1.1 billion (roughly Rs. 9,133 crore) last year, compared with $567 million (roughly Rs. 4,708 crore) in 2022. … Read more