• 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

3 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

Kraken Enhances Crypto Trading with Tether Gold Listing

chest

Kraken has recently added Tether Gold to its trading menu, providing traders with enhanced options for commodity-backed assets within the crypto market.

user avatarMiguel Rodriguez

Chainlink Integrates Arbitrum Orbit to Enhance Layer 3 Messaging Security

chest

Chainlink has announced its integration with Arbitrum Orbit to enhance security in Layer 3 messaging using its Cross-Chain Interoperability Protocol.

user avatarArif Mukhtar

Aave V3 Launches on zkSync Era, Enhancing DeFi Lending

chest

Aave V3 has been launched on the zkSync Era, expanding DeFi lending capabilities within the ZK rollup environment.

user avatarLuis Flores

BNB Chain's Haber Upgrade Enhances Developer Experience

chest

The Haber upgrade on BNB Chain introduces technical improvements aimed at enhancing the developer and validator experience.

user avatarMaria Gutierrez

Coinbase Supports Render, Enhancing AI Compute Trading

chest

Coinbase's recent support for Render enhances liquidity and access for AI compute traders, increasing trading volume and market participation.

user avatarDavid Robinson

Fidelity Bitcoin ETF Sees Institutional Inflows Amid Market Volatility

chest

Fidelity's latest Bitcoin ETF inflow indicates continued institutional interest despite market fluctuations.

user avatarAndrew Smith

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.