The Bengaluru Police have arrested six individuals in connection with a Rs 854 crore cyber fraud scam. The accused allegedly cheated thousands of victims across India through an investment scheme. The police have identified three other individuals believed to be the masterminds behind the fraud. The victims were lured through messaging platforms and were promised high returns on their investments.
India saw a huge surge in ransomware and IoT cyber attacks in the first half of 2023, as criminals shifted to stealthier means of malicious activities, according to a report by SonicWall