• 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

Tether Freezes $544 Million in Assets Linked to Illegal Betting Operation

chest

Tether has frozen approximately $544 million in assets linked to an illegal online betting operation at the request of Turkish prosecutors.

user avatarKenji Takahashi

Tether Mints $1 Billion USDT Amid Bitcoin Selloff

chest

Tether minted an additional $1 billion USDT amid a sharp decline in Bitcoin prices, providing liquidity during a volatile market.

user avatarKenji Takahashi

XRP Price Shows Signs of Recovery After Significant Dip

chest

XRP price has rebounded after hitting a low of 116, with increased whale activity and unique addresses on the XRP Ledger.

user avatarMaria Fernandez

Arthur Hayes Attributes Bitcoin Selloff to IBIT Hedging

chest

Arthur Hayes attributes the recent Bitcoin selloff to hedging related to BlackRock's iShares Bitcoin Trust (IBIT), indicating that dealer hedging can lead to significant mechanical selling when market conditions shift.

user avatarGustavo Mendoza

The PASS: New Utility NFTs to Empower Web3 Creators

chest

The PASS has been introduced as a framework for Web3 creator economies, offering Utility NFTs that enable community creation and governance.

user avatarRajesh Kumar

DAOBase Launches to Streamline DAO Data Access

chest

DAOBase has been launched to aggregate data from over 140,000 DAOs into a single search engine, providing insights into governance and treasury activities.

user avatarMiguel Rodriguez

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.