Knowledge Centre
Home / News / Cyber Insurance News / Indian Government Rescues Citizens Held in Cyber Scam Operations in Cambodia

Indian Government Rescues Citizens Held in Cyber Scam Operations in Cambodia

Published on April 03, 2024. EST READ TIME: 2 minutes

US Seizes Ransomware Gang’s Websites

The Indian government announces the successful rescue and repatriation of around 250 citizens held captive in Cambodia and coerced into running cyber scams. Victims were initially lured with false promises of employment but were subsequently forced into illicit cyber activities. Working closely with Cambodian authorities and agencies in India, efforts are underway to combat the perpetrators behind these fraudulent schemes.This development follows alarming reports indicating over 5,000 Indians subjected to "cyber slavery" in Cambodia, highlighting a distressing trend of organized crime exploiting vulnerable individuals for criminal activities. The situation mirrors similar efforts by other countries to free nationals ensnared in criminal operations. Additionally, recent findings by Chainalysis underscore the extent of financial exploitation, with cryptocurrency wallets linked to such schemes amassing substantial funds, including ransom payments. The global scale of trafficking for online scams underscores the need for concerted international action to combat this humanitarian crisis and protect vulnerable individuals from exploitation.

Awards & Recognition
Image

BFSI Leadership Awards 2022 - Product Innovator of the Year (Optima Secure)

ETBFSI Excellence Awards 2021

FICCI Insurance Industry
Awards September 2021

ICAI Awards 2015-16

SKOCH Order-of-Merit

Best Customer Experience
Award of the Year

ICAI Awards 2014-15

Image

CMS Outstanding Affiliate World-Class Service Award 2015

Image

iAAA rating

Image

ISO Certification

Image

Best Insurance Company in Private Sector - General 2014

View all awards