A joint effort between Cisco Talos, Avast and the Dutch police will bring relief to many victims of a variant of the Babuk ransomware known as Tortilla.
Rakesh Chandra, a recently retired officer from the Indian Forest Service (IFS), received a call from someone claiming to be an officer from the treasury department. During the call, Mr Chandra shared all his banking details with the caller. When he eventually realised it was a fraud call, Mr Chandra had lost nearly Rs29 lakh that he had received as pension settlement.
The first quarter of 2023 saw a notable rise in cyberattacks; phishing and smishing attempts were exceptionally high and saw a 40% increase in their share of overall cyberattacks. These attacks—including malware, scams, and phishing—aim to steal consumers sensitive personal information like login IDs, passwords, card details, and bank account details.
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