• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
China reports progress in hacker crime crackdown

China reports progress in hacker crime crackdown

user avatar

by Liza Tanasova

2 years ago


According to Foresight News, the Chinese Ministry of Public Security conducted a press conference on November 30th in Beijing to provide updates on the measures taken and the overall effectiveness in combating hacker-related crimes. Since 2022, a total of 2,430 hacker-related criminal cases have been successfully resolved, resulting in the arrest of 7,092 suspects nationwide. Authorities emphasized that the evolving landscape of hacker crimes is marked by the continual enhancement of criminal methods, aligning with advancements in new technologies, industries, and applications like artificial intelligence, blockchain, and the Internet of Things.

The press conference shed light on the contemporary trends in hacker activities, showcasing innovative approaches such as the use of artificial intelligence technology to create forged portraits and voices. Additionally, criminals exploit vulnerabilities in blockchain smart contracts to issue substantial amounts of 'virtual currency,' deceiving individuals for financial gain. These emerging situations highlight the adaptability of hackers to leverage cutting-edge technologies for illicit activities.

Among the top ten notable cases highlighted by public security authorities, one instance occurred in Sichuan where a hacker group exploited a disaster relief facade to issue virtual currency. Operating under the guise of earthquake relief, the group introduced the 'Sichuan Refueling Coin,' enticing netizens to make purchases. Subsequently, utilizing a backdoor, they fraudulently issued a significant amount of cash, resulting in a total financial involvement of 12 million yuan.

The disclosure of these cases underscores the authorities' commitment to addressing the dynamic nature of hacker crimes and their vigilance in adapting strategies to combat cyber threats effectively. The comprehensive approach to combating cybercrime involves staying ahead of evolving technologies and criminal methodologies, ensuring the security of individuals and organizations within the digital landscape.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

CLARITY Act Faces Bipartisan Support Challenge

chest

The CLARITY Act has advanced out of the US Senate Banking Committee, but bipartisan support remains a significant hurdle for the legislation to become law.

user avatarSon Min-ho

Intesa Sanpaolo Expands Crypto Holdings and Custody Services

chest

Intesa Sanpaolo, Italy's largest bank, has significantly increased its crypto investments and partnered with Ripple to offer custody services.

user avatarAyman Ben Youssef

Market Resilience Amid Bitcoin Price Fluctuations

chest

Despite concerns over market conditions, Bitcoin has shown resilience with a 25% rebound from recent lows.

user avatarTando Nkube

Bitcoin Long-Term Holder Supply Reaches 1.526 Million BTC

chest

The long-term holder supply of Bitcoin has climbed back to 1.526 million BTC, indicating a shift in market sentiment.

user avatarKofi Adjeman

Abu Dhabi Sovereign Wealth Fund Boosts Investment in Bitcoin ETF

chest

Mubadala Investment Company has increased its investment in BlackRock's iShares Bitcoin Trust, raising its stake to approximately $566 million.

user avatarSatoshi Nakamura

Harvard University Cuts Back on Bitcoin ETF Investments

chest

Harvard University has reduced its investment in BlackRock's iShares Bitcoin Trust by 43%, now holding approximately $117 million in IBIT shares and has liquidated its Ether ETF position.

user avatarJesper Sørensen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.