CAF Bank, serving over 14,000 UK charities, has suspended online services since 24 July due to suspected cyber fraud, impacting charities' ability to pay staff and suppliers, with many expressing frustration and loss of trust.
India proposes legal amendments to define punishments for deepfakes and digital impersonation scams, aiming to curb misinformation and financial fraud amid geopolitical tensions.
Bandhan Bank launched 'Cyber Cop', a nationwide cyber fraud awareness campaign with filmmaker Rohit Shetty. The initiative promotes safer digital behavior with the message 'Pause. Verify. Report.' amid rising AI-enabled fraud and increasing online financial scams in India.
The Enforcement Directorate (ED) has sent Letters Rogatory to the UAE and other countries to identify foreign individuals involved in a multi-crore transnational cyber fraud network. The syndicate used mule accounts and shell entities to launder money from Indian victims defrauded through various online scams.
The Indian government has cautioned WhatsApp that its upcoming 'username' feature could enable cyber fraud and impersonation, holding the platform legally responsible for any loopholes. MeitY prioritizes cybersecurity, stating platforms must ensure their architecture prevents misuse, while WhatsApp defends the feature, citing built-in safeguards for user privacy and abuse detection.
Prime Minister Narendra Modi has urged states to expedite the rollout of e-Zero FIRs, a system that automatically converts verified cyber-fraud complaints into FIRs. This digital initiative aims to bypass jurisdictional barriers and enable immediate action against fraudsters, addressing the growing threat of organized cybercrime in India. The CBI's Operation Chakra-VI recently conducted a major crackdown, arresting individuals involved in money laundering and uncovering fraudulent websites.
The Baku Court of Serious Crimes has sentenced eight Russian citizens to prison terms ranging from three to four years for drug trafficking. They were detained last June during an operation targeting drug transit from Iran and cyber fraud.
Naresh Gujral, son of former PM I.K. Gujral, lost Rs 7.8 crore to cyber fraudsters who impersonated him on a messaging app and manipulated employee phone records. Delhi Police froze Rs 4 crore and are pursuing further recovery.
Ahmedabad Cyber Crime Police arrested a 19-year-old student from Bihar for attempting to divert NEET-UG 2026 fee refunds to his accounts. The accused targeted 350 accounts, exploiting weak passwords in 150, but NTA's security systems helped foil the large-scale fraud.
India's Home Minister Amit Shah announces a partnership between the Indian Cyber Crime Coordination Centre (I4C) and the Reserve Bank of India’s Innovation Hub to utilize AI in detecting and blocking suspicious money mule accounts, enhancing security for digital transactions across UPI, online banking, and fintech platforms.
