Author: Sharad Natani
As India witnesses a surge in online scams, financial frauds, and ransomware attacks, the Government of India is preparing a comprehensive national framework to counter cybercrime through joint coordination with state agencies. The new plan — a first-of-its-kind unified strategy — aims to modernize India’s digital policing infrastructure and build a seamless cyber defence network across the country. Senior officials at the Ministry of Home Affairs (MHA) confirmed that the framework will bridge existing capability gaps between central and state units by strengthening joint investigation systems, forensic infrastructure, and technical training for law enforcement officers. “Some states lack adequate cyber…
As India lights up for Diwali, cybercriminals are cashing in on the nation’s festive frenzy. A new McAfee report has sounded the alarm — revealing that one in three Indian consumers has fallen victim to an online scam this festive season, with AI and deepfake technology reshaping cybercrime like never before. From fake celebrity ads to cloned e-commerce sites, scammers are creating highly realistic traps that even the tech-savvy struggle to identify. 37% of victims reported direct financial losses, while others suffered data theft, identity compromise, and emotional stress. “AI Has Become a New Weapon for Scammers,” Warns McAfee Pratim…
In a high-stakes crackdown codenamed “Operation Golden Sweep,” the Directorate of Revenue Intelligence (DRI) has busted a major international gold smuggling syndicate operating through Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA). Officials have confirmed the arrest of 13 people, including foreign nationals, airport staff, and the syndicate’s mastermind, marking one of the most significant gold smuggling busts of the year. Gold Worth Rs 12.58 Crore Recovered According to DRI sources, officers seized 10.488 kilograms of 24-carat foreign gold, estimated to be worth Rs 12.58 crore in the market. The contraband was recovered after an extensive multi-agency surveillance and intelligence-led operation…
The U.S. Federal Communications Commission (FCC) has sounded a major national security alarm, warning that Chinese-made electronics — including smartwatches and home security cameras — could be used to spy on Americans and compromise sensitive information. In an unprecedented move, the FCC has removed millions of listings for such devices from major U.S. online retailers. Products from Chinese tech giants Huawei, ZTE, Hikvision, and Dahua Technology are among those blacklisted, as the agency claims they fail to meet U.S. security standards. FCC Chair Brendan Carr said the devices could give foreign actors “a window into American homes and networks,” potentially…
The global cryptocurrency market suffered its worst single-day crash in history after U.S. President Donald Trump’s shock announcement of 100% tariffs on Chinese imports sent tremors through financial systems worldwide. Within hours, a staggering Rs 1.58 lakh crore ($19 billion) in crypto positions were liquidated — impacting over 1.6 million traders, according to data from Coinglass. Experts are calling it a “Black Swan event” — a rare and unpredictable collapse that has erased months of market gains and raised new fears of systemic risk spilling into traditional finance. Largest Liquidation in Crypto History Data compiled by Coinglass and cited by…
In a landmark move to curb the growing menace of fake trading apps, the Securities and Exchange Board of India (SEBI) has joined hands with Google to introduce a “verification tick” system for all registered broking applications listed on the Google Play Store. The initiative, announced by SEBI Whole-Time Member Kamlesh Chandra Varshney during the BSE Brokers’ Forum Capital Market Confluence event, is expected to roll out in the coming months. > “In the next couple of months, whenever an investor searches for broking apps on the Play Store, registered and authorised apps will appear with a verification tick. This…