BANKING CREDENTIALS THEFT
Rs 24 crore cash sales in Form 26AS, Rs 4-crore tax demand: How a five-star hotel cook won his case in Delhi High Court
Mr. Lalit, a cook at Hotel Ashoka, received a surprising income tax notice claiming Rs 4 crore. This notice cited Rs 24 crore in cash sales attributed to him, leading to significant distress. His Form 26AS incorrectly showed these transactions, prompting Lalit to file a complaint regarding identity theft. The Delhi High Court ultimately canceled the tax demand, finding insufficient evidence from the Income Tax Department.
Phone stolen in metro crowd, Rs 57,000 lost within an hour; SIM card used to take money from bank accounts without unlocking the device
A phone worth Rs 60,000 was reportedly stolen in a metro crowd, followed by a loss of Rs 57,000 from a bank account within 45 minutes. A post on X describes how a stolen SIM could be misused for banking-related fraud. Here is how SIM PIN protection works and what users should do after losing a phone.
Scammers now don't want your money or password, they just want...: Financial advisor warns of new fraud that can drain your finances in 30 minutes
A viral social media warning claims scammers are approaching people in public places for help with their phones and using the interaction to steal biometric information. The post alleges that AI-generated identities could then be used to obtain loans within 30 minutes. However, the specific claims about instantly stealing fingerprints, faces and voices through such an interaction remain unverified.
Credit card lost, and someone used it; who will cover the lost money - you or the bank?
What if a transaction takes place after you lose your card, and you don’t block it before that? Who has the liability then - you or the bank? There could be an instance where, even when you have reported your credit card as lost/missing, an unauthorised transaction takes place because of the bank’s fault. What then? Do such transactions have impact on your credit score? Find out in this article.
Fiscal mismanagement left West Bengal practically bankrupt: CM Suvendu Adhikari
West Bengal faces financial distress due to past mismanagement, according to Chief Minister Suvendu Adhikari. He stated the state requires at least one year to recover from its current financial condition. The government has increased old-age pensions and joined all central schemes for increased fund flow. Waitlists for welfare schemes prepared by the previous government have been cancelled.
Meta removes ads for fraud apps posing as porn after India sounds alarm
The government said ads on Facebook and Instagram operating under names such as "Night Play" and "Kyss" directed users to phishing websites. It said it had observed a rise in financial fraud involving what it described as "malicious Android applications masquerading as pornography apps".
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Can DigiLocker replace your bank locker? What you need to know about storing important documents
Indians face a choice between traditional bank lockers and the government's DigiLocker for important documents. While DigiLocker offers convenient digital access for routine verification, experts emphasize that original physical documents like property deeds and Wills remain crucial for legal and financial transactions. Both methods have security and succession planning considerations.
Ram temple donation 'theft': SIT may visit Ayodhya soon, question trust members
An SIT is investigating alleged embezzlement of donation money at the Ayodhya Ram temple. Officials will question those associated with the Shri Ram Janmabhoomi Teerth Kshetra Trust. The trust is reviewing its banking arrangements for cash donations and security protocols. Police have widened their financial investigation and arrested eight individuals so far. Recovered cash and jewelry are being matched against accused persons' known income sources.
Madhavan shares a message from Dubai Police warning about scamsters targeting UAE Pass and Emirates ID details
Dubai residents face a new scam. Fraudsters pretend to be from Dubai Crisis Management. They try to get sensitive personal details. This includes UAE Pass and Emirates ID information. This can lead to SIM swaps and bank account access. Dubai Police state they never ask for such details. Residents should not share information with unknown callers.
Login credentials of 149 million accounts including Gmail, Facebook, Netflix leaked: Report
The report published by cybersecurity researcher Jeremiah Fowler claims that the publicly exposed data includes 48 million accounts on Gmail, 4 million on Yahoo, 17 million on Facebook, 6.5 million on Instagram, 3.4 million on Netflix, 1.5 million on Outlook, etc.
149 million passwords exposed online in major credential leak: What users need to know
Cybersecurity researchers found a huge unsecured database online in late January 2026. It contained 149 million usernames and passwords from various services like Gmail, Facebook, and Netflix. This data was collected by infostealer malware. The leak poses risks of credential stuffing and identity theft. Users should change passwords and enable two-factor authentication.
Nearly 9 in 10 phishing scams steal login details: What to do immediately if you fall victim to a phishing attack
Cybercriminals are increasingly targeting online account credentials, with 88.5% of phishing scams focused on stealing login details. Stolen data is consolidated into "dumps" and sold on the dark web, often used for highly personalized and targeted attacks. Prompt action, including changing passwords and enabling multi-factor authentication, is crucial if you become a victim.
Stolen cars, fake papers, and tech tricks — inside Delhi’s fast-growing car cloning racket
Delhi police have uncovered a sophisticated car theft ring that combines physical theft with digital deception. The gang clones stolen vehicles by forging documents and identities, then sells them through online platforms and dealerships. This modus operandi, involving precise document forgery and potentially insider bank help, makes detection difficult.
RBI tightens due diligence for Aadhaar payment operators
The Reserve Bank of India (RBI) has mandated stricter due diligence for onboarding Aadhaar Enabled Payment System Touchpoint Operators (ATOs) to combat rising fraud. Banks must now conduct KYC for ATOs inactive for three months before reactivating their transaction capabilities. Ongoing monitoring and risk-based operational parameters are also required to enhance the security of AePS transactions.
What is Lumma Stealer? The malware that infected over 394,000 Windows PCs worldwide
Microsoft, in collaboration with international law enforcement, dismantled Lumma Stealer, a potent malware that compromised over 394,000 Windows computers. The operation seized 1,300 malicious domains and disrupted the malware's command structure. Lumma Stealer, sold on underground forums, was favored for its ease of use and data theft capabilities, posing a significant threat to global digital infrastructure.
India faces 3000% surge in API cyber attacks: report
India witnessed a massive 3000% surge in API cyberattacks during the July-September quarter. API-targeted DDoS attacks outpaced website attacks by 85%, with 1.2 billion total attacks detected. Bot activity increased by 145% year-over-year, impacting 90% of websites. SMBs faced a disproportionately high number of attacks, while the BFSI and healthcare sectors were heavily targeted by bots.
Beware! Hackers are going after people who are typing these 6 words in their computer
SOPHOS has issued a pretty recent cybersecurity alert in which the cyber-attack is related to SEO poisoning and is extremely dangerous.
RBI proposes new ways to authenticate e-payments
The regulator, in draft guidelines, said that all digital payment transactions, other than card present transactions, will have to ensure that one of the factors of authentication is dynamically created, after the initiation of payment, and is specific to the transaction and cannot be reused. The RBI has prescribed AFA for all digital transactions done using cards, prepaid instruments and mobile banking channels but no specific factor was mandated for authentication, thus the digital payments ecosystem has primarily adopted SMS-based OTP as AFA.
How to block a debit card: 4 ways to block, hotlist PNB debit card
How to block a debit card: Punjab National Bank (PNB) customers can follow any of the following processes to block or hotlist their card. Note that debit cards, once hotlisted, cannot be de-hotlisted.
UIDAI, NPCI to set up eKYC aggregator
The Unique Identification Authority of India (UIDAI) and the National Payments Corporation of India (NPCI) are planning to set up an aggregator platform for eKYC (electronic know-your-customer), according to a Times of India report. The new platform will enable entities that are regulated by the RBI, Sebi or the insurance and pension regulators to register on it.
LastPass admits 'attackers have users' passwords', all details inside
Password locker Lastpass warns customers to change their passwords of all important websites to protect their access from hackers who have stolen their passwords from Lastpass's cloud.
IRDAI’s new norms on cyber insurance for individuals cover online theft of funds, identity, social media
The Insurance Regulatory and Development Authority of India (Irdai) has underlined the need for cyber insurance by citing the increase in digital frauds and cyber theft during the pandemic.
View: RBI's new rules on credit or debit card details may lead to tokenisation
Though RBI’s Master Direction on Digital Payment Security Control (bit.ly/3uqrjHj) reads like a hodgepodge pastiche of the Payment Card Industry Data Security Standard (PCIDSS) website, it clearly outlines its fears around online payment security and the woefully inadequate fraud warning infrastructure that all but the most robust banks maintain.
Vulnerabilities found and fixed in banking apps: Cybersecurity researcher
According to the researcher, the problems included issues in biometric authentication, incorrect session handling, embedding of authentication credentials, API security and third-party risks like integration with WhatsApp.
268 phishing incidents observed till May this year: Ravi Shankar Prasad
Prasad said the government has taken various steps to prevent such cyber security incidents and improve cyber safety in the country.
Forged PAN card leaves man with bad credit score, Rs 6.5 lakh dues
On checking with the other bank, it emerged that someone had submitted a forged copy of his PAN card, with a different picture and a signature to get several loans sanctioned in his name.
Credit card, cyber frauds led to Rs 60 crore loss: Government
Over 9,300 cases involving credit and ATM cards and Internet banking frauds were reported in April-December 2014, resulting in losses of Rs 60 crore, Parliament was informed.
'Cyber criminals try to steal passwords of PNB customers'
Websense, which provides protection against cyber attacks and data theft, said it was able to block the intrusion, which involved a phishing attack.
India is popular destination for data theft: Report
As the country's estimated USD 108 bn IT services industry is becoming the world's favoured outsourcing centre, India is emerging as a popular destination for cyber data theft and may witness growing activity of hackers.
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