CyberSecurity updates
Updated: 2024-10-29 22:30:08 Pacfic


thehindu.com
Global Cybercrime Network Busted by CBI and FBI, Leading to 57 Gold Bars Seized - 13d

Read more: www.thehindu.com

A global cybercrime network operating since 2022 has been dismantled in a joint operation by India’s Central Bureau of Investigation (CBI) and the U.S. Federal Bureau of Investigation (FBI). The syndicate engaged in various cybercrimes including fraud, extortion, and money laundering targeting victims globally. The operation led to the arrest of Vishnu Rathi, a key member, and the seizure of significant evidence, including 57 gold bars, cash, and electronics. The syndicate used social engineering and phishing tactics to manipulate victims into transferring funds to their cryptocurrency wallets. The case underscores the growing threat of transnational cybercrime and the importance of international collaboration to combat such activities.


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