Latest cybersecurity reporting from selected sources.

Government is fed up with bad actors using digi-cash to fund dodgy deeds India’s government has updated the regulations it imposes on cryptocurrency services providers, as part of its efforts to combat fraud, money laundering, and terrorism.…

India's Department of Telecommunications (DoT) has issued directions to app-based communication service providers to ensure that the platforms cannot be used without an active SIM card linked to the user's mobile number

'Sanchar Saathi' shares data to help fight fraud and protect carrier security India’s government has issued a directive that requires all smartphone manufacturers to install a government app on every handset in the country and has given them 90 days to get the job done – and to ensure users can’t remove the code.…

India's telecommunications ministry has reportedly asked major mobile device manufacturers to preload a government-backed cybersecurity app named Sanchar Saathi on all new phones within 90 days

Also: LastPass Warns of Phishing Campaign, Trump's New CTFC Head PickEvery week, Information Security Media Group rounds up cybersecurity incidents in digital assets. This week, Meteora CEO faced fraud allegations, LastPass warned of a phishing campaign, Trump taps crypto lawyer to lead CFTC, Mt. Gox delayed creditor repayments again and an Indian court blocked WazirX from using customer funds to cover hack losses.

Cybersecurity researchers have shed light on a Chinese-speaking cybercrime group codenamed UAT-8099 that has been attributed to search engine optimization (SEO) fraud and theft of high-value credentials, configuration files, and certificate data.  The attacks are designed to target Microsoft Internet Information Services (IIS) servers, with most of the infections reported in India, Thailand

Operation Chakra-V scores success as a fraud syndicate is busted following the raid of a scam call center operating in Noida, Uttar Pradesh

Bureau Endorses Enhanced Information Sharing With Global Allies to Curb CybercrimeThe FBI strongly supported recent efforts to expand information sharing with international partners and launch new efforts to curb global cybercrime, including working with Indian authorities to combat cyber-enabled financial crimes and transnational call center fraud.

Also: Bybit Hackers Launder Stolen EtherThis week, Trump announced a crypto strategic reserve; Bybit hackers laundered stolen Ether; Iris Ramaya Au, ex-girlfriend of crypto fraudster, pleaded guilty to a tax charge; CoinDCX will manage crypto seized by India's enforcement directorate.

Devices containing crypto wallets tracked online, then in the real world Indian authorities seize loot from BitConnect crypto-Ponzi scheme Devices containing crypto wallets tracked online, then in the real world India’s Directorate of Enforcement has found and seized over $200 million of loot it says are the proceeds of the BitConnect crypto-fraud scheme.…

India's central bank, the Reserve Bank of India (RBI), said it's introducing an exclusive "bank.in" internet domain for banks in the country to combat digital financial fraud

Google has announced that it's piloting a new security initiative that automatically blocks sideloading of potentially unsafe Android apps in India, after similar tests in Singapore, Thailand, and Brazil

Smishing Triad's MO involves registering fraudulent domain names that mimic legitimate organizations

An Indian national has pleaded guilty in the U.S. over charges of stealing more than $37 million by setting up a website that impersonated the Coinbase cryptocurrency exchange platform

An Indian national pleaded guilty to wire fraud conspiracy for stealing over $37 million through a fake Coinbase website used to steal credentials. [...]

So far some 250 citizens have been rescued and returned to India after being lured to Cambodia in an phony employment scheme.

India's Central Bureau of Investigation (CBI) raided 76 locations in a nationwide crackdown on cybercrime operations behind tech support scams and cryptocurrency fraud. [...]

John Clifton Davies, a convicted fraudster estimated to have bilked dozens of technology startups out of more than $30 million through phony investment schemes, has a brand new pair of scam companies that are busy dashing startup dreams: A fake investment firm called Equity-Invest[.]ch, and Diligere[.]co.uk, a scam due diligence company that Equity-Invest insists all investment partners use. A native of the United Kingdom, Mr. Davies absconded from justice before being convicted on multiple counts of fraud in 2015. Prior to his conviction, Davies served 16 months in jail before being cleared on suspicion of murdering his third wife on their honeymoon in India.

A number of India-based call centers and their directors have been indicted for their alleged role in placing tens of millions of scam calls aimed at defrauding thousands of American consumers