By Ashwani Mishra, Editor-Technology, 63SATS
Delhi Police crack the $235M WazirX hack, arresting a suspect with links to an organized gang; U.S. agencies confirm Beijing-backed telecom hacks targeting politicians; American Associated Pharmacies hit by a ransomware attack, compromising 1.5TB of data; Yorozu Corp delays financial reporting post-cyberattack; Karnataka sets a national precedent with a cybersecurity DGP role, investing ₹103 crore in digital safety initiatives.
Stay tuned for local and global updates in the field of cyber security.
Delhi Police Unravel $235 Million WazirX Hack, Uncover Organized Gang Ties
In a significant breakthrough in the case of a $235 million hack on the WazirX cryptocurrency exchange, Delhi Police recently apprehended a suspect from Bengal believed to be linked to the crime.
This arrest marks a crucial step in uncovering the methods behind the high-profile heist and affirms the resilience of WazirX’s internal security systems.
The investigation found that the hack was executed through a fake account, allegedly sold via Telegram, which was then exploited by a third party.
U.S. Confirms Beijing-Linked Hack Targeting Telecom Networks, Compromising Politicians’ Call Records and Wiretaps
The FBI and CISA have confirmed that hackers linked to the People’s Republic of China breached U.S. telecommunications networks, stealing call records of prominent politicians and intercepting private communications.
The agencies describe the breach as part of a “broad and significant cyber espionage campaign” revealed in an October investigation.
American Associated Pharmacies Allegedly Hit by Embargo Ransomware Attack; 1.5TB of Data Compromised
Cybercriminals claim to have encrypted and stolen 1.469 TB of data from American Associated Pharmacies (AAP), which supports thousands of independent pharmacies nationwide.
Though AAP has yet to confirm the attack, a recent forced reset of all user passwords on APIRx.com and RxAAP.com has raised security concerns among users.
Japanese Auto Parts Giant Yorozu Postpones Report Amid Mid-October Ransomware Attack
Yorozu Corporation, a leading Japanese automotive components manufacturer, has applied for an extension on its semi-annual securities report, citing disruptions from a ransomware attack.
The cyberattack, which occurred in mid-October, affected key operational systems, delaying both financial audits and report finalization. The company now plans to submit the report by January 17, 2025, extending the deadline by two months.
Karnataka Sets National Benchmark with New DGP for Cybersecurity, Invests ₹103 Crore in Digital Safety
Karnataka has pioneered a major advancement in responsible governance by creating a dedicated Director General of Police (DGP) position for cybersecurity, becoming the first state in India to take this step.
This initiative, outlined in the state’s Cyber Security Policy 2024, includes a ₹103 crore investment over the next five years to bolster digital security and encourage ethical technology practices. The government also aims to empower citizens, particularly women, by launching cybersecurity training programs, promoting a culture of digital responsibility and sustainability.