Over 19,300 arrested in China for telecom frauds
Recently, during March, 17, 19,000 people have been arrested in China in 2016 for committing telecom frauds. Telecom-based fraud, in which suspects cheat people through telecommunication channels, is a growing crime in China. The frauds are also in the name of charity or disaster-relief money Trojan programmes and phishing websites
India will witness a 65% rise in mobile frauds by 2017
India will witness a 65% rise in mobile frauds by 2017 as 40-45% of financial transactions are done via mobile devices, according to a joint study by ASSOCHAM and EY. The data showed that 46% complaints of online banking are related to credit/debit card fraud followed by Facebook (39%) related complaints which include morphed pictures, cyber stalking, and cyber bullying. Other cyber complaints include cheating through mobile (21%), hacking of e-mail ID (18%), abusive/offensive/obscene calls and SMS (12%), and others.
Cyber attackers can make it impossible to call 911
In recent years, people have become more aware of a type of cyberattack called “denial-of-service,” in which websites are flooded with traffic – often generated by many computers hijacked by a hacker and acting in concert with each other. This happens all the time, and has affected traffic to financial institutions, entertainment companies, government agencies and even key internet routing services.
A similar attack is possible on 911 call centers. In October, what appears to be the first such attack launched from a smartphone happened in Arizona. An 18-year-old hacker was arrested on charges that he conducted a telephone denial-of-service attack on a local 911 service.
Gangs ‘ran telecom fraud’ from abroad
TWENTY-SEVEN telecom fraud suspects in two gangs who operated from foreign countries and targeted residents on the Chinese mainland have been arrested, Shanghai police said yesterday.
Pudong police arrested 17 gang members from Fujian, Guangdong, Hunan and Hubei provinces who worked for Taiwan ringleaders on a West Pacific island. The gang had allegedly profited at least 1 million yuan (US$160,000).
Sim box fraud unearthed in Hyderabad, India
Police busted eight illegal VoIP (voice over internet telephony) exchanges in Hyderabad that were reportedly being used by Pakistan intelligence agencies for espionage operations in India, sources said.
More than 30 sim boxes and more than 65b0 sim cards have been recovered. Four suspects have been arrested and are being interrogated for details. An MI unit had discovered that these facilities were used to convert international VoIP calls to Indian mobile number based telecom calls that could hide the actual identity of the caller.
Fla. Telecom Owner Gets 6 Years In Int'l Call Fraud Scheme
A Florida Southern District judge on Monday sentenced the owner of a Florida telecommunications company to more than six years in prison for his role in a scheme in which personal cellphone account information was used to make fraudulent international calls.
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