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Govt warns about fake SMS asking users to update their PAN – what it is and how to stay safe
Increased usage of the internet has also resulted in an increase in online fraud. Scammers are find…
Data privacy issues, online frauds emerging as e-commerce growth hurdles: Eco Survey
The e-commerce industry in India is expected to cross USD 350 billion by 2030 and called for the ne…
PTI
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
India to see retail digital payments to double to USD 7 tn by 2030: Report
Millennials and Gen X are leading in the adoption of all types of digital payment instruments.
PTI
UPI refund to digital arrest scam, here are some online scams you need to be aware of
The internet has revolutionised daily life in India, making digital payments convenient. However, f…
Banks and the federal government point fingers as Americans lose billions to online scams
Banks and the federal government are debating the best way to address rampant online scams, which h…
Kenneth Niemeyer
Virtual credit cards have a limited use case – When should you consider one?
There are credit cards and then there are virtual credit cards. As the name suggests, these cards d…
Online financial crimes on the rise – How to secure your digital world
Online monetary transactions are on the rise every year and as we spend more and more time in the v…
Feds accuse famed short-seller Andrew Left of fraud and market manipulation
The DOJ alleges that Left made at least $16 million by knowingly exploiting his ability to move sto…
Jennifer Sor
Top 5 personal finance scams in India and how to stay safe from them
Don’t make any payments just because a stranger told you to. Verify the situation and the person’s …
E-commerce losses due to online fraud to exceed $48 bn globally
Until August, UPI recorded over 30 billion transactions worth Rs 51.74 trillion for FY23. Online pa…
Rise of dark AI: Malicious LLMs like FraudGPT, WormGPT the new frontier of online threats! How can we stay safe?
These uncensored versions of everyday AI systems like ChatGPT are re-engineered for criminal activi…
PTI
USSD-based call forwarding to be suspended soon to curb fraud
Online fraud has been on the rise in the country, with several instances of fraud resulting from ca…
Bitcoin trader loses almost $70 million after sending crypto to wrong online account address
A bitcoin trader lost nearly $70 million after criminals tricked them into sending crypto to a fake…
Kenneth Niemeyer
China has released its list of top five sources of online fraud in 2022
We truly want to believe that the internet is a safe place but we all know that humans can become a…