• 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

Bitcoin Futures Volumes Halved, Impacting Market Dynamics

chest

Bitcoin futures volumes have significantly decreased, affecting market volatility and trading dynamics.

user avatarRajesh Kumar

Long-Term Holder Selling Pressure Affects Bitcoin Performance

chest

Long-term holders of Bitcoin have been selling, impacting its performance against the stock market and gold.

user avatarGustavo Mendoza

Regulatory Scrutiny Looms After Flow Token Hack

chest

Regulatory scrutiny arises after the $39 million hack of the Flow blockchain, with concerns over compliance in the movement of illicit funds through a centralized exchange.

user avatarMiguel Rodriguez

Flow Foundation Launches Recovery Plan Following Major Hack

chest

The Flow Foundation has launched a two-stage recovery strategy following a significant security breach that resulted in a $39 million loss.

user avatarLuis Flores

Investors Eye Promising Cryptocurrencies: Cardano, Ethereum, and Mutuum Finance

chest

Investors are focusing on established tokens like Cardano and Ethereum, alongside new projects such as Mutuum Finance, which shows significant growth potential.

user avatarMaria Gutierrez

Cardano Price Prediction: ADA Is Flashing a Familiar Setup

chest

Cardano's 3-day chart shows a bullish divergence, indicating a potential shift in momentum despite current price declines.

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.