• 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

CME Group and NASDAQ Set to Launch Crypto Index Futures

chest

CME Group and NASDAQ announced plans to launch crypto index futures on June 8, covering a range of cryptocurrencies including Bitcoin, Ethereum, and more.

user avatarKenji Takahashi

Short-Term Holder SOPR Signals Selling Pressure in Bitcoin

chest

The Short-Term Holder SOPR metric indicates selling pressure in Bitcoin as short-term holders exit positions around breakeven.

user avatarGustavo Mendoza

Bitcoin Struggles to Surpass $82,000 as Short-Term Holders Sell

chest

Bitcoin struggles to break above $82,000 as short-term holders sell into strength, creating a narrow technical squeeze in the market.

user avatarMaria Fernandez

Bitcoin's Realized Cap Indicates Capital Inflow Recovery

chest

Glassnode reports a recovery in Bitcoin's Realized Cap, indicating renewed capital inflow into the market, though levels remain below previous thresholds.

user avatarRajesh Kumar

Bitcoin's Relative Unrealized Loss Sees Significant Decline

chest

Bitcoin's Relative Unrealized Loss has significantly declined to 8, indicating a shift in investor sentiment from fear to uncertainty.

user avatarMiguel Rodriguez

Regulatory Changes Spark Institutional Interest in South Korean Crypto Market

chest

Regulatory changes in South Korea are encouraging institutional investments in crypto exchanges.

user avatarArif Mukhtar

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.