Mobile App Fraud
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Truecaller Fraud Insurance Launched in India for iOS and Android Users
Truecaller announced an insurance protection plan to protect users against mobile frauds on Thursday. The plan, dubbed Truecaller Fraud Insurance, is being offered to the paid subscribers of the app on both Android and iOS. The new plan is currently only available in India, and will be rolled out in other regions later. The caller ID platform has p...
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Apple Prevents $1.8 Billion Worth Fraudulent Transactions on the App Store in 2023
Apple revealed its efforts to prevent fraudulent transactions via the App Store between 2020 and 2023 on Tuesday. The Cupertino-based tech giant highlighted the rise of digital threats and the measures it has taken to protect users from falling for scams and phishing attacks. The company said it has prevented transaction frauds in the App Store tot...
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Class 8 Dropout, With No Cricket Knowledge, Wins Rs 1.5 Crore In IPL Fantasy Gaming; Thought It Was Fraud
The resident of Kohda village in Bihar's Arrah district, struck gold, winning a cash prize Of 1.5 crore rupees by playing IPL fantasy gaming on a mobile gaming app
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SIM Swappers Are Exploiting eSIM Vulnerabilities for Financial Frauds: Report
SIM swapping crimes are on the rise globally, according to a new report. These crimes are primarily committed using eSIM (Embedded Subscriber Identity Modules) users. eSIMs are digitally stored SIM cards which are embedded into a device using a software. Hackers are now reportedly exploiting vulnerabilities within this technology to brute force int...
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Mobile App Fraud: Probe Agency Attaches Fresh Assets Worth Over Rs 278 Crore
The Enforcement Directorate said it has attached assets worth more than Rs 278 crore of various entities, including those with links to China, in a money-laundering probe over the alleged cheating of investors through mobile app "HPZ Token".
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Bank of Baroda App Scam: All You Need To Know
After the initial registration, the employees would deregister the bank accounts from the app and reuse the same mobile numbers.
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All App Providers To File Business Details With Chinese Government
China will require all mobile app providers in the country to file business details with the government, its information ministry said, marking Beijing's latest effort to keep the industry on a tight leash.
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Nefarious Anatsa Android Trojan Caught Stealing Banking Information and Performing On-Device Fraud
Anatsa, a banking trojan on Android, has been spotted by a security firm on the Play Store. Five apps posing as productivity apps were actually infected with the trojan that was identified by the firm in 2021. It is also capable of monitoring banking information and performing on-device fraud to steal funds from the victim's bank accounts.
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Online Loan Racket Using Chinese App Busted At Delhi Call Centre
Eighteen people of a East of Kailash-based call centre, which operated under the guise of a financial company, were apprehended for allegedly defrauding people after giving them loans at low interest rates through a Chinese mobile application.
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ED Freezes Rs. 5.5 Crore Account Balance in Mobile Gaming Application Fraud
The Directorate of Enforcement (ED) on Monday said it has carried out a search operation and freezed account balance of Rs. 5.59 crore of Aamir Khan and its accomplices in a fraud involving mobile gaming application E-nuggets.
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Blockchain Tech Helping Singapore Pharma Firm Prevent Administration of Expired COVID-19 Vaccines
Singapore’s Zuellig Pharma is using a new “eZTracker” app to filter out improperly stored or expired vaccines from being distributed for administration. The vaccine management system is based on SAP blockchain that enables end-to-end tracking and reporting of multiple business processes and objects.
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Probe Agency Attaches Funds Worth Over Rs 40 Crore In Payments Apps Fraud Case
The Enforcement Directorate (ED) on Wednesday said it has attached funds worth Rs 40.64 crore as part of a money-laundering probe in connection with a case of cheating gullible depositors through fake mobile phone applications linked to payment gatew
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Indian-Origin Ex-CEO Of Mobile App Startup Charged With Fraud In US
An Indian-origin former CEO of a technology company has been arrested in the US and charged with defrauding investors to the tune of USD 80 million by overstating the startup's revenue and other key financial metrics.
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Delhi Police Arrests 11 In Rs 150 Crore Mobile App Fraud Case
The Delhi Police's Cyber Cell has arrested 11 men, including two charted accountants (CAs), for allegedly cheating more than five lakh people of over Rs 150 crore in two months on the pretext of providing lucrative returns on two mobile applications.
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Thousands of Android, iOS Apps Expose User Data Due to Cloud Misconfigurations: Zimperium
Thousands of Android and iOS apps exposed user data due to commonly found cloud misconfigurations, according to an automated analysis conducted by mobile security firm Zimperium. The issues were found on apps using popular public cloud services such as Amazon Web Services, Google Cloud, and Microsoft Azure.
-
Truecaller Fraud Insurance Launched in India for iOS and Android Users
Truecaller announced an insurance protection plan to protect users against mobile frauds on Thursday. The plan, dubbed Truecaller Fraud Insurance, is being offered to the paid subscribers of the app on both Android and iOS. The new plan is currently only available in India, and will be rolled out in other regions later. The caller ID platform has p...
-
Apple Prevents $1.8 Billion Worth Fraudulent Transactions on the App Store in 2023
Apple revealed its efforts to prevent fraudulent transactions via the App Store between 2020 and 2023 on Tuesday. The Cupertino-based tech giant highlighted the rise of digital threats and the measures it has taken to protect users from falling for scams and phishing attacks. The company said it has prevented transaction frauds in the App Store tot...
-
Class 8 Dropout, With No Cricket Knowledge, Wins Rs 1.5 Crore In IPL Fantasy Gaming; Thought It Was Fraud
The resident of Kohda village in Bihar's Arrah district, struck gold, winning a cash prize Of 1.5 crore rupees by playing IPL fantasy gaming on a mobile gaming app
-
SIM Swappers Are Exploiting eSIM Vulnerabilities for Financial Frauds: Report
SIM swapping crimes are on the rise globally, according to a new report. These crimes are primarily committed using eSIM (Embedded Subscriber Identity Modules) users. eSIMs are digitally stored SIM cards which are embedded into a device using a software. Hackers are now reportedly exploiting vulnerabilities within this technology to brute force int...
-
Mobile App Fraud: Probe Agency Attaches Fresh Assets Worth Over Rs 278 Crore
The Enforcement Directorate said it has attached assets worth more than Rs 278 crore of various entities, including those with links to China, in a money-laundering probe over the alleged cheating of investors through mobile app "HPZ Token".
-
Bank of Baroda App Scam: All You Need To Know
After the initial registration, the employees would deregister the bank accounts from the app and reuse the same mobile numbers.
-
All App Providers To File Business Details With Chinese Government
China will require all mobile app providers in the country to file business details with the government, its information ministry said, marking Beijing's latest effort to keep the industry on a tight leash.
-
Nefarious Anatsa Android Trojan Caught Stealing Banking Information and Performing On-Device Fraud
Anatsa, a banking trojan on Android, has been spotted by a security firm on the Play Store. Five apps posing as productivity apps were actually infected with the trojan that was identified by the firm in 2021. It is also capable of monitoring banking information and performing on-device fraud to steal funds from the victim's bank accounts.
-
Online Loan Racket Using Chinese App Busted At Delhi Call Centre
Eighteen people of a East of Kailash-based call centre, which operated under the guise of a financial company, were apprehended for allegedly defrauding people after giving them loans at low interest rates through a Chinese mobile application.
-
ED Freezes Rs. 5.5 Crore Account Balance in Mobile Gaming Application Fraud
The Directorate of Enforcement (ED) on Monday said it has carried out a search operation and freezed account balance of Rs. 5.59 crore of Aamir Khan and its accomplices in a fraud involving mobile gaming application E-nuggets.
-
Blockchain Tech Helping Singapore Pharma Firm Prevent Administration of Expired COVID-19 Vaccines
Singapore’s Zuellig Pharma is using a new “eZTracker” app to filter out improperly stored or expired vaccines from being distributed for administration. The vaccine management system is based on SAP blockchain that enables end-to-end tracking and reporting of multiple business processes and objects.
-
Probe Agency Attaches Funds Worth Over Rs 40 Crore In Payments Apps Fraud Case
The Enforcement Directorate (ED) on Wednesday said it has attached funds worth Rs 40.64 crore as part of a money-laundering probe in connection with a case of cheating gullible depositors through fake mobile phone applications linked to payment gatew
-
Indian-Origin Ex-CEO Of Mobile App Startup Charged With Fraud In US
An Indian-origin former CEO of a technology company has been arrested in the US and charged with defrauding investors to the tune of USD 80 million by overstating the startup's revenue and other key financial metrics.
-
Delhi Police Arrests 11 In Rs 150 Crore Mobile App Fraud Case
The Delhi Police's Cyber Cell has arrested 11 men, including two charted accountants (CAs), for allegedly cheating more than five lakh people of over Rs 150 crore in two months on the pretext of providing lucrative returns on two mobile applications.
-
Thousands of Android, iOS Apps Expose User Data Due to Cloud Misconfigurations: Zimperium
Thousands of Android and iOS apps exposed user data due to commonly found cloud misconfigurations, according to an automated analysis conducted by mobile security firm Zimperium. The issues were found on apps using popular public cloud services such as Amazon Web Services, Google Cloud, and Microsoft Azure.
