The Central Bureau of Investigation (CBI), in its ongoing Operation CHAKRA III, successfully dismantled a sophisticated virtual asset and bullion-supported cybercrime network.
About Operation Chakra III:
- The Central Bureau of Intelligence (CBI) was central in combating a global cybercrime network through its ongoing Operation CHAKRA-III.
- This sophisticated operation has revealed extensive criminal activities linked to virtual assets and bullion.
- The cybercrime network has been active across multiple countries since 2022, and a total of 43 individuals have been arrested in connection with this operation.
- The operation has been carried out with cooperation from international law enforcement agencies, including the Federal Bureau of Investigation (FBI) and INTERPOL.
About Operation Chakra:
- Operation CHAKRA is a series of coordinated efforts by the CBI, aimed at dismantling sophisticated cybercrime networks.
- Operation CHAKRA I was launched to target and dismantle a large-scale cybercrime network involved in various forms of financial fraud and digital crimes in 2018.
- It primarily focused on a network engaged in fraudulent activities such as phishing, identity theft, and online financial scams, with targeted victims across India and potentially in other countries.
- Operation Chakra II expanded on the efforts of the first operation, focusing on more complex and sophisticated cybercrime networks involved in transnational financial crimes in 2021.
- This phase aimed to address high-profile cases of cyber-enabled financial crimes, including ransomware attacks, advanced persistent threats (APTs), and large-scale data breaches.
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Frequently Asked Question:
What is Operation CHAKRA?
Operation CHAKRA is a series of coordinated efforts by the Central Bureau of Investigation (CBI) aimed at dismantling sophisticated cybercrime networks.
How does Operation CHAKRA-III differ from its predecessors?
It focuses on a global scale, targeting cybercrime networks involved in virtual assets and bullion, unlike previous operations, it addresses cybercriminal activities linked to financial and asset-based crimes.
What role do international agencies play in Operation CHAKRA?
International agencies such as the FBI and INTERPOL play a crucial role in providing assistance and cooperation, helping the CBI track and dismantle global cybercrime networks.
What types of crimes have been targeted in these operations?
Cybercrimes, including financial fraud, phishing, identity theft, ransomware attacks, APTs, and large-scale data breaches. These crimes have significant impacts on both national and international levels.