SEBI has issued a warning to listed companies and other regulated entities about a growing cyber fraud known as the boss scam.
Fraudsters pose as senior executives to trick finance teams into making unauthorized fund transfers.
The scheme uses email, WhatsApp and advanced AI tools including voice cloning to carry out the deception.
SEBI advised all entities under its oversight to stay alert and strengthen internal controls against such impersonation attempts.
India's market regulator Sebi has barred seven individuals from the securities market. The action follows allegations that they generated Rs 58 crore in wrongful gains through social media stock tips.
Reported by AI
India's market regulator has sent a show cause notice to six Capital Group foreign portfolio investors over alleged breaches of trade confidentiality. The action follows claims that sensitive order details were shared improperly, enabling front-running activities.
Police in Bergslagen warn of a wave of scam emails claiming the recipient is suspected of serious sexual crimes against children.
Reported by AI
The Securities and Exchange Board of India has fined Central Depository Services (India) Ltd Rs 1 crore for cybersecurity and operational failures. The penalty follows a malware attack that disrupted the depository's systems.
As excitement builds for the 2026 World Cup, experts are warning of a surge in online fraud. Following earlier reports of scammers targeting fans, Alejandro Botter of Check Point Software Technologies highlighted an increase in fake websites using FIFA imagery.