Cyber Frauds

Yearender 2024: Of mules & phishing in the dark web — how scamsters played us

Do not share any information or take any action without triple-checking the bona fides of individuals or platforms.

A sneak peek into I4C: Tackling India’s rising fintech frauds, one mule account at a time

Rajesh Kumar, CEO, Indian Cybercrime Coordination Centre (I4C), offers a rare glimpse into the strategies employed by his dedicated team of 120 professionals at the organisation. I4C was set up by the government in 2019 — on the lines of the NIA and the IB — to rein in the growing fintech fraud menace.

Are you being electronically bullied? Here’s what you can do to stay safe

Electronic bullying is a serious issue with lasting effects. If you or someone you know is being targeted, take steps to protect yourself and prioritise your mental health.

Cases of fraud at PSBs rise nearly sixfold in FY24 over FY23

However, an analysis of eight top public sector banks showed that while the total number of frauds surged, the total amount involved was Rs 7,134 crore, down by more than 50%.

Cyber frauds: How to avoid losing money to fraudsters

The chances of recovering lost money due to cyber fraud are low. Take precautions instead, like avoiding clicking on links shared on SMSs and emails without first verifying the sender’s authenticity.

Complaints against digital lending apps double, despite crackdown: Finmin

The government and RBI have been clamping down on such loan apps and are now required to show their lending license to be approved on the Play Store. The apps also cannot access customer photos and contacts.

Tapping an app for a loan? Beware of these fraud traps

If you are applying for a loan from a digital lender, know the multiple risks involved. Before installing the digital lending app read user reviews, know the charges and terms.

Beware of fake loan offers during festival season

Staying vigilant is key to avoiding digital payment fraud

Be suspicious of offers that are too good to be true, don't click on links before verifying and avoid communicating sensitive information via call, mail, text or WhatsApp to stay a step ahead of fraudsters.

Number of cyber financial frauds jumps to 16,468 in 2015-16

The number of cyber frauds involving financial transactions in India increased by about 25 percent to 16,468 cases in 2015-16 from a year ago, Parliament was informed today.